Half-year Report

MetalNRG plc

(the "Company")

Unaudited Interim Results to 31 August 2016

CHAIRMAN'S STATEMENT:

MetalNRG plc

The Board have spent recent months assessing a number of opportunities for investment.  In line with our investment strategy these opportunities have been focused on the natural resources sector with a particular interest in energy minerals, natural resources and fintech opportunities.

The Board have noted the general recovery in the natural resource sector during 2016, albeit with a pullback in the sector in recent months.  The impact of the difficult conditions in the natural resource sector over the last five years has resulted in many projects being underfunded and thus now presents a tremendous opportunity for a resources investing company such as MetalNRG. The opportunities available have further increased as a result of the weaker market in recent months, with many participants questioning the potential for the resource market to fully recover and regain the strengths of times past.  This type of market is ideal for bold, contrarian investing which is what MetalNRG will pursue and with the increasing number of opportunities available to us we feel confident that we will be announcing successfully completed transactions in due course.

Investors should also be aware the Company has a new website, http://www.metalnrg.com/, where further information about the Company can be found.

We look forward to what we trust will be an exciting balance of 2016 and the upcoming new year.

The Directors do not recommend the payment of a dividend.

The Directors have agreed to continue to waive their fees as previously announced.

Christopher Latilla-Campbell

Chairman

11 November 2016

UNAUDITED ACCOUNTS FOR THE SIX MONTHS TO 31 AUGUST, 2016

PROFIT & LOSS ACCOUNT

for the period to 31 August, 2016

	GBP	GBP
	Six months ended 31 August 2016	Six months ended 31 August 2015
Income
Unrealised Foreign Exchange Gains	5,743	387
Interest receivable	-	-
Other Income	101	-
Total	5,844	387
Expenses
Salaries & fees	-	-
Legal & Professional Fees	(25,756)	(14,490)
Travelling and Research	-	(412)
General Expenses	(3,165)	(2,476)
Total	(28,921)	(17,378)
Loss for the Period	(23,077)	(16,991)

BALANCE SHEET

At 31 August, 2016

	GBP	GBP
	As at 31 August 2016	As at 31 August 2015
Current Assets
Bank Balances	146,726	123,152
Debtors	18,131	16,253
	164,857	139,406
Current Liabilities
Creditors	(6,552)	(1,434)
	158,305	137,972
Equity
Share Capital	243,563	241,660
Share Premium	715,361	667,260
Profit & Loss Account	(23,077)	(28,588)
Prior year reserves	(777,542)	(753,957)
	158,305	137,972

Number of shares in issue as at 11 November 2016 - 67,359,400      

The Directors of the Company accept responsibility for the contents of this announcement.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

FOR FURTHER INFORMATION PLEASE CONTACT:

MetalNRG plc
Christopher Latilla-Campbell
Chairman
01604-845551

OR

Advisor
James Caithie
Cairn Financial Advisors LLP
020-7213 0882