TIDMMTR

20 March 2023

Metal Tiger plc

("Metal Tiger" or the "Company")

Result of General Meeting and further re AIM Cancellation

Metal Tiger plc (AIM: MTR, ASX: MTR), the AIM and ASX listed investor in natural resource opportunities, is pleased to announce that at the General Meeting of the Company held earlier today, the resolutions placed before the meeting, each of which was an ordinary resolution, were approved on a poll. Full details of the voting at the General Meeting are set out in the table further below.

Voting results

 
                                                           Total 
                                                           votes 
                                                           cast as 
                                                           a % of 
                                                           issued 
                                                           share     Votes 
No.  Resolution    In favour           Against             capital   withheld 
                   Votes       %       Votes       % 
     New 
     Investing 
1.   Policy        34,667,078  60.26%  22,862,130  39.74%  33.96%    75,977 
     New Option 
2.   Scheme        32,336,227  56.26%  25,138,460  43.74%  33.92%    130,498 
     Cancellation 
     and Re-Issue 
     of Existing 
3.   Options       32,061,227  55.78%  25,413,460  44.22%  33.92%    130,498 
     Issue of 
     options to 
     Charles 
4.   Hall          32,061,227  55.78%  25,413,460  44.22%  33.92%    130,498 
     Issue of 
     options to 
     David 
5.   McNeilly      32,061,227  55.78%  25,413,460  44.22%  33.92%    130,498 
     Issue of 
     options to 
6.   Mark Potter   29,685,874  51.65%  27,788,813  48.35%  33.92%    130,498 
     Issue of 
     options to 
7.   David Wargo   32,020,227  55.71%  25,454,460  44.29%  33.92%    130,498

NOTES:

1. Proxy appointments which gave discretion to the Chairman of the Meeting have been included in the "For" total for the appropriate resolution

2. Votes "For" and "Against" any resolution are expressed as a percentage of votes validly cast for that resolution

3. A vote withheld is not a vote in law and is not counted in the calculation of the percentage of shares voted "For" or "Against" any resolution

AIM Cancellation

The AIM Cancellation will take place at 7.00 am on 31 March 2023. On this basis, the last day of trading of the Shares on AIM will be 30 March 2023.

Unless otherwise indicated, defined terms in this announcement shall have the same meaning as described in the circular to Shareholders dated 2 March 2023.

Enquiries:

 
Michael McNeilly           (Chief Executive Officer)  Tel: +44 (0)20 3287 5349 
Mark Potter                (Chief Investment 
                           Officer) 
 
James Dance                Strand Hanson Limited      Tel +44 (0)20 7409 3494 
 Richard Johnson           (Nominated Adviser) 
 Robert Collins 
 
Simon Johnson Alexandra    Zeus Capital Limited       Tel: +44 (0)20 7614 5900 
Campbell-Harris            (Broker) 
 
Gordon Poole               Camarco (Financial PR)     Tel: +44 (0)20 3757 4980 
 Elfie Kent 
 Rebecca Waterworth

Notes to Editors:

Metal Tiger PLC is admitted to the AIM market of the London Stock Exchange AIM Market ("AIM") and the ASX Market of the Australian Securities Exchange Market ("ASX") 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.

Equity 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 Sandfire Resources Limited (ASX: SFR). The Company also considers selective opportunities to invest in private natural resource companies, typically where there is an identifiable path to IPO.

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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230320005487/en/

 
    CONTACT:

Metal Tiger plc

 
    SOURCE: Metal Tiger plc 
Copyright Business Wire 2023

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March 20, 2023 10:00 ET (14:00 GMT)

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