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.
