Result of General Meeting and further re AIM Cancellation

LONDON--(BUSINESS WIRE)-- 

20 March 2023

Metal Tiger plc

("Metal Tiger" or the "Company")

Result of General Meeting and further re AIM Cancellation

Metal Tiger plc (AIM: MTR, ASX: MTR), the AIM and ASX listed investor in natural resource opportunities, is pleased to announce that at the General Meeting of the Company held earlier today, the resolutions placed before the meeting, each of which was an ordinary resolution, were approved on a poll. Full details of the voting at the General Meeting are set out in the table further below.

Voting results

No.	Resolution	In favour		Against		Total votes cast as a % of issued share capital	Votes withheld
		Votes	%	Votes	%
1.	New Investing Policy	34,667,078	60.26%	22,862,130	39.74%	33.96%	75,977
2.	New Option Scheme	32,336,227	56.26%	25,138,460	43.74%	33.92%	130,498
3.	Cancellation and Re-Issue of Existing Options	32,061,227	55.78%	25,413,460	44.22%	33.92%	130,498
4.	Issue of options to Charles Hall	32,061,227	55.78%	25,413,460	44.22%	33.92%	130,498
5.	Issue of options to David McNeilly	32,061,227	55.78%	25,413,460	44.22%	33.92%	130,498
6.	Issue of options to Mark Potter	29,685,874	51.65%	27,788,813	48.35%	33.92%	130,498
7.	Issue of options to David Wargo	32,020,227	55.71%	25,454,460	44.29%	33.92%	130,498

NOTES:

1. Proxy appointments which gave discretion to the Chairman of the Meeting have been included in the "For" total for the appropriate resolution

2. Votes "For" and "Against" any resolution are expressed as a percentage of votes validly cast for that resolution

3. A vote withheld is not a vote in law and is not counted in the calculation of the percentage of shares voted "For" or "Against" any resolution

AIM Cancellation

The AIM Cancellation will take place at 7.00 am on 31 March 2023. On this basis, the last day of trading of the Shares on AIM will be 30 March 2023.

Unless otherwise indicated, defined terms in this announcement shall have the same meaning as described in the circular to Shareholders dated 2 March 2023.

Enquiries:

Michael McNeilly	(Chief Executive Officer)	Tel: [phone]
Mark Potter	(Chief Investment Officer)
James Dance Richard Johnson Robert Collins	Strand Hanson Limited (Nominated Adviser)	Tel [phone]
Simon Johnson Alexandra Campbell-Harris	Zeus Capital Limited (Broker)	Tel: [phone]
Gordon Poole Elfie Kent Rebecca Waterworth	Camarco (Financial PR)	Tel: [phone]

Notes to Editors:

Metal Tiger PLC is admitted to the AIM market of the London Stock Exchange AIM Market ("AIM") and the ASX Market of the Australian Securities Exchange Market ("ASX") 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.

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.

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.