Additional Investment into MOD Resources Limited
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.
For further information on the Company, visit:www.metaltigerplc.com:
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Michael McNeilly (Chief Executive Officer)
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Tel: +44(0)20 7099 0738
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Keith Springall (Finance Director & Company Secretary)
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Tel: +44 (0)20 7099 0738
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Stephen Allen or Bhavesh Patel
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RFC Ambrian Ltd (Nominated Adviser)
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Tel +44 (0)20 3440 6800
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Jonathan Williams
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RFC Ambrian Ltd
(Joint Broker)
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Tel +44 (0)20 3440 6800
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Nick Emerson
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SI Capital
(Joint Broker)
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Tel: +44 (0)1483 413 500
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Gordon Poole
James Crothers
Monique Perks
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Camarco
(Financial PR)
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Tel: +44 (0)20 3757 4980
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View source version on businesswire.com: https://www.businesswire.com/news/home/20180410005828/en/