Additional Investment into MOD Resources Limited

LONDON--()--

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:

Michael McNeilly (Chief Executive Officer)             Tel: +44(0)20 7099 0738
Keith Springall (Finance Director & Company Secretary) Tel: +44 (0)20 7099 0738
Stephen Allen or Bhavesh Patel RFC Ambrian Ltd (Nominated Adviser) Tel +44 (0)20 3440 6800
Jonathan Williams RFC Ambrian Ltd

(Joint Broker)

Tel +44 (0)20 3440 6800
Nick Emerson SI Capital

(Joint Broker)

Tel: +44 (0)1483 413 500
Gordon Poole

James Crothers

Monique Perks

Camarco

(Financial PR)

Tel: +44 (0)20 3757 4980

Short Name: Metal Tiger plc
Category Code: MSCH
Sequence Number: 644671
Time of Receipt (offset from UTC): 20180410T114710+0100

Contacts

Metal Tiger plc

Contacts

Metal Tiger plc