Metal Tiger Plc: MOD Resources Update
This quarter covered various key stages in the agreement for a new Joint Venture with MOD Resources and Metal Tiger in Botswana, a major new development for both companies. Therefore the aforementioned Quarterly Activities Report released by MOD contains information that may prove of interest to Metal Tiger shareholders and investors in general.
Metal Tiger plc is a natural resources focused investing company quoted on the London Stock Exchange AIM Market ("AIM") with the trading code MTR and two investment divisions, Direct Projects and Direct Equities.The Direct Projects division invests in mineral exploration projects operated by trusted partners on the ground. Projects are selected for their strategic significant in terms of commodity, location and commerciality factors. Key strategic investments to date include Spanish Gold & Tungsten, Thai Gold, Copper & Antimony, and Botswanan Copper & Silver.
The Direct Equities division invests in quoted natural resource explorers and developers, with a combination of shares and warrants and seeks generate trading profits for reinvestment into the Direct Projects division.
Metal Tiger's target is to deliver a very high return for shareholders by investing in significantly undervalued and/or high potential opportunities in the mineral exploration and development sector timed to coincide where possible, with a cyclical recovery in the exploration and mining markets.
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