Metal Tiger PLC has just posted this in London (Business Wire) stating they have invested $300,000 in the recent placement.
Appears we are expanding worldwide and attracting international interest!!!
Bring it on I say. Much bigger things to come IMHO.
Heres the link
https://polaris.brighterir.com/public/metal_tiger/news/rns/story/w3gkv2x
LONDON--(BUSINESS WIRE)-- Metal Tiger plc(“Metal Tiger” or the “Company”)Investment in Canyon Resources Limited (ASX:CAY)Metal Tiger plc (AIM: MTR), the London Stock Exchange AIM listed investor in natural resource opportunities, is pleased to announce that it has subscribed for 3,000,000 shares in Canyon Resources Limited (“Canyon”), at a price of A$0.10 per share, for a total investment of A$300,000 (approximately £165,000), as part of Canyon’s fundraise of A$10 million announced on 31 August 2020 (the “Fundraise”). Following completion of the Fundraise, Metal Tiger will hold 3,000,000 shares in Canyon, representing approximately 0.5% of Canyon’s then issued share capital.Canyon is an ASX listed exploration and development company focussed on developing the world-class Minim Martap bauxite project in Cameroon, which contains nearly 900 million tonnes of high-grade, low contaminant bauxite and has exploration upside potential. The potential of Minim Martap is underpinned by a pre-feasibility study which supports the project’s potential as a long-term producer of high quality, low contaminant bauxite via multi-stage development.For the year ending 30 June 2019, Canyon reported a net loss of A$8.26 million and, as at 31 December 2019, Canyon reported net assets of A$13.82 million.For further information on the Company, visit: www.metaltigerplc.com
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