Metal Tiger plc (AIM:MTR) Additional Investment into MOD Resources Limited

Metal Tiger plc

Additional Investment into MOD Resources Limited

10 April 2018

Metal Tiger Plc

(“Metal Tiger” or the “Company”)

Additional Investment into MOD Resources Limited

Metal Tiger (LON: MTR), the London Stock Exchange AIM listed investor in strategic natural resource opportunities, is pleased to announce an additional investment into MOD Resources Limited (ASX:MOD).

Further to the announcement of 12th March 2018, Metal Tiger has taken up its full entitlement under the 16 for 1 rights issue of 7,887,500 shares at a cost of A$370,713.

This additional investment increases Metal Tiger’s shareholding to 138,800,415 shares or 6.0197% of MOD Resources Limited’s issued share capital.

Note: for the full year ended 31 December 2017 MOD Resources Limited reported a loss for the period of A$3,320,669 and total net assets of A$30,653,974.

 


WordPress Security