Investment in Aurelius Minerals Inc. (TSXV:AUL)
("Metal Tiger" or the "Company")
Investment in (TSXV:AUL)
(AIM: MTR), the London Stock Exchange AIM listed investor in natural resource opportunities, is pleased to announce that it has subscribed for 2,000,000 units in (“Aurelius”), at a price of per unit, for a total investment of (approximately £59,091) as part of Aurelius’ circa fundraise announced on (the “Fundraise”). Each unit consists of one common share in Aurelius and one-half of one common share purchase warrant exercisable at a price of for a period of 24 months following the closing date of the Fundraise being . Metal Tiger has also exercised 2,000,000 warrants in Aurelius at a price of for a cost of .
Upon closing of the Fundraise, Metal Tiger will, taking into account its current shareholding and the exercise of the warrants, be interested in, in aggregate, 4,265,000 common shares in Aurelius and 1,000,000 warrants over common shares. The closing mid-price of Aurelius on was .
Aurelius is a TSXV listed gold exploration and development company, with a primary focus on the Aureus Gold project, comprising four different properties in . For the nine month period ended , Aurelius reported a net loss of . As at , Aurelius had net assets of .
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.
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: Equity Investments and Project 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 (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 for the Project Investments division.Equity Investments
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 .Project Investments
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.
(Chief Executive Officer)
Tel: +44 (0)20 7099 0738
(Chief Investment Officer)
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
Quick facts: Metal Tiger PLC
Market Cap: £38.31 m
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