07:00 Thu 26 Mar 2020
Director Dealing
--(BUSINESS WIRE)--
("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.
Following this purchase, is interested in a total of 5,247,733 Ordinary Shares, representing 0.34% of the Company’s issued share capital.
: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.
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.
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 Division
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 Division
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.
View source version on :businesswire.comhttps://www.businesswire.com/news/home/20200326005096/en/
Source:
1. | Details of the person discharging managerial responsibilities / person closely associated | |
a) | ||
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) | ||
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 each |
Identification code | GB00BYX5K988 | |
b) | Nature of the Transaction | Purchase |
c) | Price(s) and volume(s) | Price(s)
Volume(s) 1,250,000 |
d) | Aggregated information Aggregated volume Price | N/A (Single transaction) |
e) | Date of the transaction | |
f) | Place of the transaction | AIM (LSE) |
(Chief Executive Officer) (Chief Investment Officer)
| Tel: +44 (0)20 7099 0738 | |
| Strand (Nominated Adviser) | Tel +44 (0)20 7409 3494 |
| Arden Partners plc (Broker) | Tel: +44 (0)20 7614 5900 |
Camarco (Financial PR) | Tel: +44 (0)20 3757 4980 |
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