viewMetal Tiger PLC

Investment in Pan Global Resources Inc. (TSXV:PGZ)


21 July 2020

Metal Tiger plc

("Metal Tiger" or the "Company")

Investment in (TSXV:PGZ)Pan Global Resources Inc.

(AIM: MTR), the London Stock Exchange AIM listed investor in natural resource opportunities, is pleased to announce that it has subscribed for 1,388,888 units in (“Pan Global”), at a price of per unit, for a total investment of circa (approximately £146,000) as part of Pan Global’s circa fundraise announced on (the “Fundraise”). Each unit consists of one common share in Pan Global 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 plcPan Global Resources Inc.C$0.18C$250,000C$4.1 millionC$0.2820 July 202020 July 2020

The closing mid-price of Pan Global on was .17 July 2020C$0.22

Pan Global is a TSXV listed base metals explorer in , with two projects, the and the . The main project of interest is the located within the highly prospective Iberian Pyrite Belt. The Iberian Pyrite Belt is believed to be one of the most prolific volcanic-hosted massive sulphide district in the World, with more than 80 known deposits mined for pyrite, copper, zinc, gold, silver and tin, including eight giant deposits with greater than 100 million tonnes of massive sulphide. For the financial year ending , Pan Global reported a net loss of circa and net assets of circa .SpainAguilas ProjectEscacena ProjectEscacena Project31 January 2020C$2.6 millionC$3.7m

See below link for Pan Global’s latest announcement extending copper mineralisation at the :Escacena Project


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: 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 InvestmentsSandfire Resources Limited

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 InvestmentsBotswanaKalahari 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 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

Hugo Liddy

Camarco (Financial PR)

Tel: +44 (0)20 3757 4980

Quick facts: Metal Tiger PLC

Price: 23

Market: AIM
Market Cap: £35.26 m

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...


Metal Tiger PLC is well funded with interesting projects and looking for more

Metal Tiger Plc (LON-MTR) CEO Michael McNeilly and Director Terry Grammer sat down with Steve Darling from Proactive Vancouver to discuss their portfolio of resource investments.  The London-based team also talked about their current trip to Canada and the possibility of adding more...

on 31/7/19

3 min read