Michael McNeilly Chief Executive Officer of Metal Tiger commented:We are pleased to confirm the increasing investment by the Company in MOD Resources. We anticipate further market updates in respect of Botswanan exploration progress in the near term.MOD reported audited net assets of A$31,504,515 and audited net loss of A$2,057,170 for the six months ended 30.06.17.[/table]
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8 Column 9 Column 10 Column 11 Column 12 Column 13 Column 14 Column 15 Column 16 Column 17 Column 18 Column 19 Column 20 Column 21 Column 22 Column 23 Column 24 Column 25 Column 26 Column 27 Column 28 Column 29 Column 30 Column 31 Column 32 Column 33 Column 34 Column 35 Column 36 Column 37 Column 38 Column 39 Column 40 Column 41 Column 42 Column 43 Column 44 Column 45 Column 46 Column 47 Column 48 Column 49 Column 50 Column 51 Column 52 Column 53 Column 54 Column 55 Column 56 Column 57 Column 58 Column 59 Column 60 Column 61 Column 62 Column 63 Column 64 Column 65 Column 66 Column 67 Column 68 Column 69 Column 70 Column 71 Column 72 Column 73 Column 74 Column 75 Column 76 0 MOD Resources Investment UpdateBUS 1 MOD Resources Investment Update
Metal Tiger plc
MOD Resources Investment Update
12 February 2018
Metal Tiger Plc
("Metal Tiger" or the "Company")
MOD Resources Investment Update
Metal Tiger plc (LON:MTR), the London Stock Exchange AIM listed investor in strategic natural resource opportunities, is pleased to announce an update with regard the Companys investment in MOD Resources Limited (MOD) (ASX:MOD).
Highlights:Since 29th August 2017, Metal Tiger has made the following investments in MOD:
- Metal Tiger currently holds 111,200,000 MOD shares valued at present at A$6,004,800 (circa �3,395,036) at Fridays ASX closing price of A$0.054. This represents 5.87% of the issued share capital of MOD;
- Metal Tiger also holds 1,541,667 warrants with an exercise price of $A0.06 (expiry 15.4.19)
Column 1 0 Date � Amount � Price (A$) 29/08/2017 3,748,720 0.0615 17/11/2017 1,800,000 0.0531 21/11/2017 1,856,066 0.0534 14/12/2017 1,909,825 0.0500 15/12/2017 1,210,906 0.0500 18/12/2017 85,107 0.0500 19/12/2017 794,162 0.0500 20/12/2017 1,000,000 0.0500 17/01/2018 850,000 0.0570 17/01/2018 900,000 0.0577 19/01/2018 1,600,000 0.0637 22/01/2018 650,000 0.0622 05/02/2018 1,004,786 0.0595 06/02/2018 1,995,214 0.0591
Looking forward to the near term market updates, the nearer the better.
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