Metal Tiger Live Discussion

Totally_Wired 12 Mar 2019

RNS Metal Tiger PLC Botswana Copper/Silver Project – T3 Infill Drilling Results Metal Tiger plc (AIM:MTR), the London Stock Exchange AIM listed investor in strategic natural resource opportunities, is pleased to provide an update on the infill drilling results at the T3 Copper Project (“T3”), held 100% by MOD Resources Limited (“MOD”), in the Kalahari Copper Belt, Botswana. Metal Tiger currently holds approximately 10.48% of the issued share capital of MOD. T3 Infill Drilling Highlights -An approximate 60 hole infill drilling programme commenced at T3 during January 2019. Infill drilling is within the boundaries of the first two stages of the proposed T3 open pit, with the objective of upgrading early production into the higher confidence, JORC compliant Measured Resource category. -To date 25 holes have been completed utilising up to three drill rigs, with assay results being received for 11 holes. -Remaining 35 infill drill holes are expected to be completed by the end of the first half of 2019. It is anticipated that the infill drilling programme will be completed after both the proposed T3 open pit Ore Reserve and the Feasibility Study, both of which remain on track for completion by the end of March 2019. -Significant infill results include: Hole MO-G-188D 31.50m @ 2.0% Cu and 36g/t Ag from 86m, including 10.0m @ 4.7% Cu & 98g/t Ag from 105m Hole MO-G-191D 47.0m @ 0.9% Cu and 7g/t Ag from 89m, including 15.3m @ 1.6% Cu & 15g/t Ag from 104m Hole MO-G-192D 13.7m @ 1.6% Cu and 6g/t Ag from 53m 33.0m @ 2.0% Cu and 14g/t Ag from 88m, including 16.0m @ 3.3% Cu & 36g/t Ag from 99m Hole MO-G-193D 17.7m @ 1.4% Cu and 21g/t Ag from 98m, including 6.5m @ 2.5% Cu & 36g/t Ag from 108m Hole MO-G-197D 22.0m @ 1.1% Cu and 10g/t Ag from 95m Michael McNeilly, Chief Executive Officer of Metal Tiger, commented: “We are pleased to report the significant infill drilling intersections from MOD’s T3 project in Botswana. The infill drilling programme is expected to allow a significant portion of the Mineral Resource to be categorised as Measured, with these initial results also providing the prospect of increasing the current open pit Resource. Standout downhole intersections include 31.5 metres at 2% copper from 86 metres, including 10 metres at 4.7% copper from 105 metres, in hole MO-G-188D. Based on MOD’s current projections the T3 feasibility study is expected to be completed by the end of March 2019, with the infill programme completing mid-year.” More via link below: [link]

Totally_Wired 11 Mar 2019

Proactive Investors today From Last Friday: Metal Tiger’s Michael McNeilly upbeat on Kitlanya copper project results (Interview) 162 08 Mar 2019 Michael McNeilly, chief executive of Metal Tiger PLC (LON:MTR) and Kalahari Metals Limited (KML) director Adam Wooldridge discuss with Proactive London’s Andrew Scott the results from recently completed soil sampling and re-interpretation of historical data over the Kitlanya joint venture copper project. McNeilly says the data’s provided compelling targets for drill testing. He adds that the recent work completed on the project satisfies the first earn-in option for KML to acquire 25% of the project from Resource Exploration and Development Limited (RED). [link]

Totally_Wired 11 Mar 2019

RNS Metal Tiger plc Kalahari Metals Limited – Investment Update Metal Tiger plc (AIM:MTR), the London Stock Exchange AIM listed investor in strategic natural resource opportunities, is pleased to provide an update regarding Kalahari Metals Limited (“KML”). Further to the Company’s announcements of 6 June 2018 and 31 October 2018, pursuant to the KML Investment Agreement, Metal Tiger has elected to exercise the Option to take its total shareholding in KML from 34% to 50% for a consideration of US$500,000. Michael McNeilly, Chief Executive Officer of Metal Tiger plc, commented: “We are incredibly pleased with the work done to date by KML which has generated some compelling targets in the highly prospective Kalahari Copper Belt. As we now look to further de-risk the portfolio, we are in active discussions with the Board and shareholders of KML to determine the optimal path forward for financing drilling upon receipt of environmental permits.” For further information on the Company, visit: www.metaltigerplc.com

Totally_Wired 11 Mar 2019

RNS 11 March 2019 Metal Tiger Plc £2.0 million raised through Sprott Offering Metal Tiger (LON:MTR), the London Stock Exchange AIM listed investor in strategic natural resource opportunities, is pleased to announce that, further to its announcement of 11 February 2019, the non-brokered private placement conducted by Sprott Capital Partners LP (“Sprott Capital”) and one of its affiliates, Sprott Global Resource Investments, Ltd, (together “Sprott”) (the “Sprott Offering”) has closed, raising gross proceeds of approximately £2.0 million via the issue of 137,162,552 new ordinary shares of 0.01p each in Metal Tiger (“Ordinary Shares”) (the “Placing Shares”) at a placing price of 1.45p per Sprott Share (the “Placing Price”). The Placing Price represents a premium to the middle market closing price on 8 March 2019. Accordingly, the Company has raised total gross proceeds of, in aggregate, approximately £3.0 million from a combination of the £1.0 million placing announced on 11 February 2019 and the Sprott Offering (together the “Fundraising”). Overview of the Sprott Offering -Issue of 137,162,552 Placing Shares at the Placing Price to new and existing Metal Tiger shareholders, raising gross proceeds of approximately £2.0million -Issue of 68,581,276 warrants to participants in the Sprott Offering to subscribe for 68,581,276 new Ordinary Shares (the “Sprott Investor Warrants”) -The net proceeds of the Fundraising, together with existing cash resources, will be used, inter alia, to continue to support the Company’s joint venture projects with its partners, MOD Resources Limited and Kalahari Metals Limited, in the Kalahari Copper Belt in Botswana and to provide general working capital to the Company -Further to the non-binding term sheet, Sprott has entered into finder agreements with the Company in relation to the Sprott Offering (the “Finder Agreements”), pursuant to which they will receive a 6% cash commission on the funds raised pursuant to the Sprott Offering (the “Commission”) -Sprott Capital to be issued 9,629,960 warrants (“Advisory Warrants”) under an advisory agreement with the Company (the “Advisory Agreement”) for services related to the Fundraising -Exploration Capital Partners 2014 Limited Partnership (“Exploration Capital”) has subscribed for 68,966,000 Placing Shares and will also receive 34,483,000 Sprott Investor Warrants pursuant to the Sprott Offering. On Admission (defined below), Exploration Capital will be interested in 206,361,942 Ordinary Shares, representing approximately 13.25% of the Company’s then enlarged share capital -Mr Rick Rule, portfolio manager of Exploration Capital, has subscribed for 60,000,000 Placing Shares and will also receive 30,000,000 Sprott Investor Warrants pursuant to the Sprott Offering Michael McNeilly Chief Executive Officer of Metal Tiger commented: “We are delighted to announce the raising of approximately £2.0 million through the Sprott Offering.Sprott’s continued support together with that of our existing and new shareholders is a strong sign for the Company and emphasises not only the interest in the highly prospective Kalahari Copper Belt, a highly sought after Copper district, but also in Metal Tiger’s wider portfolio and management.” More via link below: [link]

Totally_Wired 07 Mar 2019

RNS 7 March 2019 Metal Tiger plc Kalahari Metals Limited – Exploration Update Metal Tiger plc (AIM:MTR), the London Stock Exchange AIM listed investor in strategic natural resource opportunities, is pleased to provide an update regarding Kalahari Metals Limited (“KML”) and the results from KML’s recently completed soil sampling programme together with KML’s re-interpretation of historical data, including magnetic, airborne electromagnetic (AEM) and drill data, over KML’s Kitlanya joint venture licence holding. The results indicate compelling new targets for follow-up in both Kitlanya West (“KIT-W”) and Kitlanya East (“KIT-E”) (together the “Kitlanya Project”), as well as expanding on drill targets identified in KML’s Ngami Copper Project (“NCP”). The Company is pleased to confirm that the recent work completed on the Kitlanya Project satisfies the first earn-in option for KML to acquire 25% of the Kitlanya Project from Resource Exploration and Development Limited (“RED”), as detailed in the Company’s announcement of 30 November 2018. Highlights: Re-interpretation of magnetic data in KIT-E introduces two new target areas as anticlinal structures rather than historically interpreted synclines. This is supported by historical soil sampling and drill data, effectively placing the prospective mineralised contact in a fold hinge setting at relatively shallow depths under thin cover. The northernmost target is situated 5km south of MOD Resources Limited’s (“MOD”) T3 deposit. KML has recently completed 3,410 soil samples over KIT-E, which have returned anomalous lead and zinc domains with low concentration copper anomalies associated with the northernmost fold-hinge target. Results provide support for potential mineralisation in the fold structure. Re-processing and inversion of historical AEM data over KIT-W has potentially identified three folded conductive ‘dome’ structures situated in the correct stratigraphy to host copper-silver mineralisation. These targets are considered excellent candidates for drill testing. Re-analysis of a selection of historical soil samples from NCP, using low concentration partial digest TerraleachTM geochemistry, has identified a distinct zoned copper-lead-zinc anomaly associated with a priority fold-closure target from recent AEM interpretation. Michael McNeilly, Chief Executive Officer of Metal Tiger plc, commented: “The results from recently completed soil sampling and re-interpretation of historical data over the Kitlanya Project has provided compelling targets for drill testing. We are actively reviewing KML’s proposed diamond and reverse circulation drilling targets as they relate to this additional interpretation and hope to be able to drill targets at NCP in the near future as well as define drill targets at Kitlanya West and Kitlanya East. We look forward to keeping shareholders updated in this regard.” We recommend that readers also refer to the version of this news release on the Metal Tiger website which includes informative images showing the geophysical interpretations. [link]

Totally_Wired 20 Feb 2019

Events 2019 UK Investor Show (30th March 2019 London) Michael McNeilly will be one of the ‘speakers’ at this years event and are also one of the Exhibitors.

Totally_Wired 20 Feb 2019

Events 30th March 2019 UK Investor Show (London)

Totally_Wired 15 Feb 2019

RNS 15 February 2019 Metal Tiger Plc Director Dealing Metal Tiger plc (LON:MTR) announces that, on 14 February 2019, Mark Potter, Chief Investment Officer and Director, purchased, on market, 300,000 ordinary shares of 0.01p each in the Company (“Ordinary Shares”) at an average price of 1.27 pence per share. Following this purchase, Mark Potter is interested in 6,300,000 Ordinary Shares, representing approximately 0.47% of the Company’s issued share capital. [link]

Totally_Wired 11 Feb 2019

Proactive Investors today Metal Tiger shares jump as it announces premium placing to raise £1mln and non-binding term sheet to raise £3mln 12:16 11 Feb 2019 The natural resource investor said it would place around 70mln new shares at a price of 1.45p each, a 12% premium to its last close price of 1.3p [link]

Totally_Wired 11 Feb 2019

RNS Metal Tiger Plc £1.0 million Placing and Non-binding term sheet signed with Sprott to raise up to an additional £3.0 million "Metal Tiger (LON: MTR), the London Stock Exchange AIM listed investor in strategic natural resource opportunities, is pleased to announce a placing (the “Placing”) with new and existing investors, to raise gross proceeds for the Company of approximately £1.0 million, through the issue of 70,010,345 new ordinary shares of 0.01p each in the capital of the Company (“Ordinary Shares”) (“Placing Shares”) at a price of 1.45p per share (the “Placing Price”). The Placing Price represents a premium to the middle market closing price on 8 February 2019. The Company will also issue to participants in the Placing one warrant for every two Placing Shares subscribed for by them in the Placing (the “Warrants”). Each Warrant will entitle the holder to acquire one new Ordinary Share (a “Warrant Share”) on its exercise. Each Warrant will be exercisable at a price of 2p during a two-year period commencing from the date of admission of the Placing Shares and will be non-transferable. The Placing was undertaken by the Company’s sole broker, SI Capital. In addition to the Placing, the Company is pleased to announce that it has signed a non-binding term sheet with Sprott Capital Partners LP and certain of its affiliates (“Sprott”) (the “Sprott Term Sheet”). Sprott will act as finders on behalf of the Company in order to complete a non-brokered private placement to raise up to an additional approximately £3.0 million (the “Sprott Offering”) through the issue of new Ordinary Shares (“SprottOffering Shares”) at the Placing Price and the further issue to participants in the Sprott Offering of one warrant for every two Sprott Offering Shares subscribed for by them in the Sprott Offering (the “Sprott Warrants”). Each Sprott Warrant will entitle the holder to acquire one new Ordinary Share upon exercise of the Sprott Warrant in accordance with its terms (a “Sprott Warrant Share”). Each Sprott Warrant will be exercisable at a price of 2p during a two-year period commencing from the date of admission of the Sprott Offering Shares and will be non-transferable. The Sprott Offering is expected to close on or before 8 March 2019 (“Closing Date”) and is subject to the conditions as detailed below being satisfied. Overview of the Placing: -Placing of 70,010,345 Placing Shares at the Placing Price to raise gross proceeds of approximately £1.0 million; -Issue of 35,005,172 Warrants to subscribe for 35,005,172 Warrant Shares at an exercise price of 2p per Warrant; –Placing Price represents an approximate 11.5% premium to the middle market closing price on 8 February 2019, the last trading day prior to this announcement; -Placing undertaken with new and existing Metal Tiger shareholders; -Certain members of the board of directors of Metal Tiger (“Directors” and together the “Board”) and associates are participating in the Placing for, in aggregate, £210,000; -The net proceeds of the Placing, together with existing cash resources, will be used, inter alia, to continue to support the Company’s joint venture projects with its partners, MOD Resources Limited (“MOD”) and Kalahari Metals Limited (“Kalahari Metals”), in the Kalahari Copper Belt in Botswana and to provide general working capital to the Company; and -The Placing is not conditional on the completion of the Sprott Offering. " “Michael McNeilly, Chief Executive Officer of Metal Tiger, commented: “We are very pleased with the level of support we have received in respect of the Placing from new and existing investors.The Placing will enable Metal Tiger to, among other things, enter into constructive negotiations with Kalahari Metals, regarding the Company potentially providing further financing for proposed exploration drilling at the Okavango and Ngami projects.It will also allow us to continue to take advantage of opportunities that are identified by the Company. We are also delighted to have entered into the Sprott Term Sheet to raise up to an additional approximately £3.0 million.Such additional funding will provide yet further support to our strategy and we look forward to updating shareholders in this regard.”” Further Details via Link Below [link]

Totally_Wired 07 Feb 2019

Proactive Investors today Metal Tiger joint venture identifies drill-ready targets at Ngami and Okavango projects Share 137 07 Feb 2019 The natural resource investor said that Phase-2 high resolution aerial electromagnetic and helicopter-borne magnetic geophysics surveys had identified high-interest targets [link]

Totally_Wired 07 Feb 2019

RNS 7 February 2019 Metal Tiger plc Kalahari Metals Limited - High-Resolution Geophysics Identifies Drill-Ready Targets Metal Tiger plc (AIM:MTR), the London Stock Exchange AIM listed investor in strategic natural resource opportunities, is pleased to provide an update regarding Kalahari Metals Limited’s (“KML”) copper-silver exploration progress. Highlights -- Drill-ready targets identified through Phase-2 high resolution aerial electromagnetic (“AEM”) and helicopter-borne magnetic geophysics surveys over the Ngami Copper Project (“NCP”) and Okavango Copper Project (“OCP”) licence areas, significantly advancing the exploration potential of both projects. -- Phase-2 geophysical surveys identified high-interest targets including ‘dome style’ exploration targets, analogous to the MOD Resources Limited (“MOD”) T3 Deposit (60Mt @ 0.98% Cu & 14 g/t Ag) (initially identified in the Phase-1 AEM survey as announced on 31 October 2018). -- Layered Earth ("LE") inversion modelling of the high-resolution data has identified compelling targets for follow-up: At the NCP, three anticline fold-hinge (“dome”) targets are considered to be ready to be drill tested; and At the OCP, the marker conductors associated with potentially mineralised contacts have been mapped from the Zone 5 (100 Mt @ 1.95% Cu & 19.9 g/t Ag) and Zone5 North (17 Mt @ 2.27% Cu & 43.4 g/t Ag) deposits, both held by Cupric Canyon Capital (“Cupric”), into the OCP licences with a prominent fold closure target considered drill ready. Michael McNeilly, Chief Executive Officer of Metal Tiger plc, commented: "Theincreased resolution provided by the Phase-2 Airborne Electromagnetic and Magnetic survey data combined with Layered Earth inversion modelling has provided compelling structural and lithological targets for drill-testing. We are actively reviewing KML’s proposed diamond and reverse circulation drilling targets against the strong likelihood of adding significant value to the project through drilling. KML is awaiting sign off or feedback on the Environmental Management Plan (“EMP”) shortly for the Ngami licence and further updates will be provided to shareholders in due course." We recommend that readers also refer to the below linked version of this news release which includes informative images showing the geophysical interpretations: [link]

Totally_Wired 31 Jan 2019

Proactive Investors today Metal Tiger sells £250,000 worth of MOD Resources shares 09:15 31 Jan 2019 The money raised from the sale will go towards buying more MOD shares as part of the rights issue announced by the Aussie explorer last week Metal Tiger PLC (LON:MTR) has sold a slug of the shares it owns in Aussie-listed copper explorer MOD Resources. The natural resources investor sold 1.5mln MOD shares on the open market for A$0.3062 apiece, bringing in a total of A$459,000 (£254,000). Metal Tiger still owns more than 10% of MOD Last week, Metal Tiger agreed to take up its 1-for-13 entitlement under the MOD rights issue priced at A$0.24 a share. The money raised from today’s share sale is expected to cover most of the costs associated with taking up its entitlements under the rights offering, should MTR decide to do so. Metal Tiger still holds a 10.5% stake – just shy of 30mln shares – in MOD. It also has an additional 40.67mln unquoted options with a nil exercise price as well as options over another 154,167 shares, exercisable at A$0.06. [link]

Bonker 09 Jan 2019

MTR A4 Dome Copper assays are in and look fantastic - 52m @ 1.5%, 15.5m @ 2.9%, up to 15.4% in veins twitter.com zerohedge (zerohedge) Beijing Trade Talks Wrap Up As Hopes For A Deal Grow [link] 3:29 AM - 9 Jan 2019

Bonker 08 Jan 2019

MTR A4 Dome Copper assays are in and look fantastic - 52m @ 1.5%, 15.5m @ 2.9%, up to 15.4% in veins