Metal Tiger plc launches Australian subsidiary
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07:30 10 Aug 2016
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Resource investor Metal Tiger plc (LON:MTR) has launched an Australian subsidiary to deal with technical services across the group.
Metal Tiger Australia Pty Limited (MTA) will be based in Perth and initially have three directors - chief financial officer Keith Springall, chairman Terry Grammer and a proposed chief technical officer, whose appointment will be announced shortly;
The focus will be on the group's key business developments within its Botswanan, Spanish and Thai investing activities.
Metal's chief executive Paul Johnson said: "The Metal Tiger business model is growing and now has interests ranging from early stage exploration to advanced exploration and to mine development.
"The Metal Tiger Asset Trading division has an expanding list of investments across resource companies at various stages of development."
He added: "Creating and housing this internal technical unit in Perth, Australia, is significant, being the centre of geological and mine development knowledge, particularly for African and Asian opportunities.
"In addition the technical unit is well placed to assess new opportunities in Australia, and notably Western Australia, which is an area where the MTA team have substantial experience."
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