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viewMetal Tiger PLC

Director Dealing

--(BUSINESS WIRE)--LONDON

 

Metal Tiger plc

("Metal Tiger" or the "Company")

Director Dealing

(AIM: MTR), the London Stock Exchange AIM listed investor in natural resource opportunities, announces that, on , the Company’s Chief Executive Officer, , purchased 1,250,000 ordinary shares of each in the capital of the Company (“Ordinary Shares”) on market, at a price of per share, for a total consideration of £12,375.Metal Tiger plc25 March 2020Michael McNeilly0.01 pence0.99 pence

Following this purchase, is interested in a total of 5,247,733 Ordinary Shares, representing 0.34% of the Company’s issued share capital.Michael McNeilly

:PDMR Notification Form

The notification below is made in accordance with the requirements of the Market Abuse Regulation:

For further information on the Company, visit:www.metaltigerplc.com

Enquiries:

Notes to Editors:

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.Metal Tiger plc

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: and Direct Projects.Direct Equities

invests in undervalued natural resource companies. The majority of its investments are listed on AIM, the TSX and the ASX, which includes its 3.69% interest in (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 in the Direct Projects Division.The Direct Equities DivisionSandfire Resources NL

is focused on the development of its key project interests in , Kalahari copper/silver belt through its interest in . In , Metal Tiger has interests in two potentially near-production stage lead/zinc/silver mines as well as license applications and critical historical data covering antimony, copper, gold, lead, zinc and silver opportunities.The Direct Projects DivisionBotswanaThailandKalahari 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.

Metal Tiger plc

Source:Metal Tiger plc

1.

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Michael McNeilly

2.

Reason for the Notification

a)

Position/status

CEO

b)

Initial notification/amendment

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Metal Tiger plc

b)

LEI

213800K1IN6M1VCVPA93

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv)each place where transactions have been conducted

a)

Description of the Financial instrument, type of instrument

Ordinary Shares of each0.01 pence

Identification code

GB00BYX5K988

b)

Nature of the Transaction

Purchase

c)

Price(s) and volume(s)

Price(s)

0.99 pence

 

Volume(s)

1,250,000

d)

Aggregated information

Aggregated volume Price

N/A (Single transaction)

e)

Date of the transaction

25 March 2020

f)

Place of the transaction

AIM (LSE)

Michael McNeilly

Mark Potter

(Chief Executive Officer)

(Chief Investment Officer)

 

Tel: +44 (0)20 7099 0738

Richard Tulloch

James Dance

Jack Botros

 

Strand (Nominated Adviser)Hanson Limited

Tel +44 (0)20 7409 3494

Paul Shackleton

Steve Douglas

 

Arden Partners plc (Broker)

Tel: +44 (0)20 7614 5900

Gordon Poole

James Crothers

Monique Perks

Camarco (Financial PR)

Tel: +44 (0)20 3757 4980

Quick facts: Metal Tiger PLC

Price: 2.25

Market: AIM
Market Cap: £34.25 m
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