Metal Tiger Announces Appointment of NRG MOD Resources Strategic Options

Metal Tiger (LON:MTR), the London Stock Exchange AIM listed investor in strategic natural resource opportunities, is pleased to announce that the Company has appointed Natural Resources Global Capital Partners Limited (NRG) to provide strategic and financial advice in connection with the Company’s strategic options relating to its 30% holding in the Botswanan joint venture (the Joint Venture) with MOD Resources. NRG will work alongside the Company’s existing natural resources specialist adviser, RFC Ambrian Limited.

NRG is an independent advisory firm and merchant bank focused on the global mining & metals, oil & gas and energy industries. Metal Tiger’s dedicated team at NRG will be led by the Chairman of NRG, Julian Vickers and Senior Partner, Mick Oliver.

Michael McNeilly, Chief Executive Officer of Metal Tiger commented:

We are delighted to be working with a well-rounded team of advisers to assess the Company’s strategic options relating to Metal Tiger’s 30% interest in the Botswanan joint venture with MOD resources and any possible transaction that may occur as a result.

This combination of advisers has the experience, knowledge and network to assist the Board of Metal Tiger to make the right decisions for the Company and for shareholders to realise significant value from its 30% holding in the Joint Venture.

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