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Appointment of Chief Financial Officer

--(BUSINESS WIRE)--LONDON

 

(“Metal Tiger” or the “Company”)Metal Tiger plc

Appointment of Chief Financial Officer

(AIM: MTR), the London Stock Exchange AIM listed investor in natural resource opportunities, is pleased to announce the appointment of to the senior management team of the Company, as full time Chief Financial Officer, with effect from today.Metal Tiger plcAdrian Bock

Adrian will take over the role from who has been employed on a part time basis. Malcolm will remain with the Company for two months to assist with the transition and to oversee the publication of the Company’s interim results for the six months to , due for publication by .Malcolm Bacchus30 June 202030 September 2020

Adrian is a qualified chartered accountant (CA (SA) and ACA) with significant experience in financial services and has held a number of CFO positions for listed and private companies. Adrian was recently the Group CFO for d.light , a company engaged in delivering solar power solutions to developing countries, and group finance director and joint CEO of Ellies Holdings Ltd, a South African electrical and satellite manufacturing business. Adrian is currently the managing director of , through which he provides corporate finance and outsourced CFO services.Design LtdALB Capital Ltd

, Chairman of Metal Tiger, commented:Charles Hall

“The Board and I are delighted to welcome Adrian to the Company at an exciting time in its growth. Adrian has proven himself to be a strong and highly astute Chief Financial Officer and we are delighted to welcome him to the team in a full-time role. With his financial services experience, we look forward to further strengthening our financial capability as we enact our investment strategy.

“The Board would also like to take this opportunity to thank for his contribution to the business over the last circa three years. Malcolm has been a highly regarded member of the Metal Tiger team and we wish him well in his future endeavours.”Malcolm Bacchus

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: 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.

END

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
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