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Southern Gold Update

--(BUSINESS WIRE)--LONDON

Metal Tiger plc

(“Metal Tiger” or the “Company”)

Southern Gold Update

(AIM:MTR), the London Stock Exchange AIM listed investor in natural resource opportunities, is pleased to note the publication of Southern Gold Limited’s (“Southern Gold”) quarterly report.Metal Tiger plc

Southern Gold’s quarterly report can be found at the following link:

https://www.asx.com.au/asxpdf/20200429/pdf/44hbs448t2m0f7.pdf

As announced on , subject to completion of a planned fundraising, Metal Tiger will have a 17.1% equity interest in Southern Gold.23 March 2020

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

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 3.64% 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 , where Metal Tiger has a growing interest in the large and highly prospective Kalahari copper/silver belt through its interest in .The Direct Projects DivisionBotswanaKalahari 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

Michael McNeilly   (Chief Executive Officer)   Tel: +44 (0)20 7099 0738  
Mark Potter(Chief Investment Officer)
 
Richard Tulloch

James Dance

Jack Botros

Strand (Nominated Adviser)Hanson LimitedTel +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

Quick facts: Metal Tiger PLC

Price: 26

Market: AIM
Market Cap: £39.57 m
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