Results of Annual General Meeting


30 June 2020

Metal Tiger plc

(“Metal Tiger” or the “Company”)

Results of Annual General Meeting

Share Consolidation

Metal Tiger, the London Stock Exchange AIM listed investor in natural resources opportunities, is pleased to announce that at the Annual General Meeting (“AGM”) held earlier today, all resolutions placed before the meeting were approved.

Share Consolidation

Following the approval of Resolution 4 at the AGM, the Company is proceeding with the 1 for 10 Share Consolidation with a record date of 5:00pm today. The 1,522,076,607 Existing Ordinary Shares of 0.01 pence each in issue in the capital of the Company, together with the 3 additional Ordinary Shares to be issued on 30 June 2020 to ensure the Company's issued ordinary share capital is divisible by 10, will be consolidated into 152,207,661 New Ordinary Shares of 0.1 pence each. Such New Ordinary Shares will have the same rights and be subject to the same restrictions (save as to par value) as the Existing Ordinary Shares.

Admission and Total Voting Rights

It is expected that the New Ordinary Shares will be admitted to trading on AIM and will be credited to CREST accounts at 8:00am on 1 July 2020 (“Admission”) and that definitive share certificates (where applicable) will be despatched no later than 15 July 2020.

For the purposes of the Financial Conduct Authority’s Disclosure and Transparency Rules (“DTRs”), the issued ordinary share capital of Metal Tiger following Admission will consist of 152,207,661 Ordinary Shares with voting rights attached (one vote per Ordinary Share). There are no Ordinary Shares held in treasury. This total voting rights figure may be used by shareholders as the denominator for the calculation by which they will determine whether they are required to notify their interest in, or a change to their interest in, Metal Tiger under the DTRs.

The New Ordinary Shares will have an ISIN of GB00BNQC0691 and SEDOL BMQC069. The Company’s ticker will remain the same.

The defined terms used in this announcement bear the same meaning as in the Notice of Annual General Meeting, dated 29 May 2020, unless otherwise defined herein.

This announcement contains inside information for the purposes of the market abuse regulation (EU No. 596/2014) (“MAR”).

For further information on the Company, visit

Michael McNeilly

(Chief Executive Officer)

Tel: +44 (0)20 7099 0738

Mark Potter

(Chief Investment Officer)





Richard Tulloch

James Dance

Jack Botros

Strand Hanson Limited (Nominated Adviser)

Tel +44 (0)20 7409 3494




Paul Shackleton

Steve Douglas

Arden Partners plc (Broker)

Tel: +44 (0)20 7614 5900




Gordon Poole

James Crothers

Hugo Liddy

Camarco (Financial PR)

Tel: +44 (0)20 3757 4980

Notes to Editors:

Metal Tiger plc is admitted to the AIM market of the London Stock Exchange AIM Market ("AIM") with the trading code MTR and invests in high potential mineral projects with a base, precious and strategic metals focus.

The Company's target is to deliver a high return for shareholders by investing in significantly undervalued and/or high potential opportunities in the mineral exploration and development sector. Metal Tiger has two investment divisions: Equity Investments and Project Investments.

Equity Investments invests in undervalued natural resource companies. The majority of its investments are listed on AIM, the TSX and the ASX, which includes its interest in Sandfire Resources Limited (ASX: SFR). The Company also considers selective opportunities to invest in private natural resource companies, typically where there is an identifiable path to IPO. Through the trading of equities and warrants, Metal Tiger seeks to generate cash for investment for the Project Investments division.

Project Investments is focused on the development of its key project interests in Botswana, where Metal Tiger has a growing interest in the large and highly prospective Kalahari copper/silver belt through its interest in Kalahari Metals Limited.

The Company actively assesses new investment opportunities on an on-going basis and has access to a diverse pipeline of new opportunities in the natural resources and mining sectors. For pipeline opportunities deemed sufficiently attractive, Metal Tiger may invest in the project or entity by buying publicly listed shares, by financing privately and/or by entering into a joint venture.

Category Code: MSCL
Sequence Number: 702946
Time of Receipt (offset from UTC): 20200630T102910+0100


Metal Tiger plc


Metal Tiger plc