Published: May 20, 2016 |

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Metal Tiger PLC has made two further investments into Ireland- focused mining firms.

It has pumped in £100,000 into Connemara Mining Company PLC by buying 5mln shares at 2p and also acquired an additional 25,000 shares in Conroy Gold and Natural Resources PLC, representing an investment of £7,175.

Metal’s chairman Terry Grammer said: “...this strategic investment in Connemara Mining demonstrates Metal Tiger’s interest in natural resource exploration in Ireland and complements the investment made in Conroy Gold and Natural Resources recently.

“We are pleased to see the commitment of Connemara Mining to utilize the funds raised to continue drilling in Donegal and look forward to the results from the drilling program in due course.

“Metal Tiger is keen to undertake and support further investment in Irish exploration through its Asset Trading and Metal Projects divisions and further work is being undertaken to achieve this objective.  As and when further transactions are finalized we will notify the market accordingly.”

Earlier this month, the firm said it had acquired a further 185,000 shares in Conroy Gold and Natural Resources PLC and following today’s deal it owns 885,675 shares, or 8.04 percent of Conroy capital.

It now also owns 6.6 percent of Connemara Mining’s share capital.

Source: (May 13, 2016) Proactive Investors

About Metal Tiger
Metal Tiger Plc is a London Stock Exchange AIM-listed investing company primarily focused on undervalued natural resource opportunities. Metal Tiger provides financial and business support to companies to maximize the value of their natural resource interests and through this we aim to deliver significant returns for Metal Tiger shareholders.

To stop by Metal Tiger’s website, CLICK HERE

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