Interest fee

Cobre Limited – Changes to Board of Directors and Fee Structure

LONDON, July 05, 2022–(BUSINESS WIRE)–

Metal Tiger plc

(“Metal Tiger” or the “Company”)

Cobre Limited – Changes to Board of Directors and Fee Structure

Metal Tiger plc (AIM: MTR, ASX: MTR), the AIM and ASX listed investor in natural resources opportunities, is pleased to note that Cobre Limited (“Cobre”) has made changes to its board of directors and fee structure, resulting in an annualized growth savings of approximately $300,000 plus fees, effective July 1, 2022.

Metal Tiger is currently interested in 34,764,096 Cobre shares, representing approximately 21% of the issued share capital of Cobre.

A link to Cobre’s announcement, published today, is shown below:

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02538625-2A1383415?access_token=83ff96335c2d45a094df02a206a39ff4

For more information about the company, visit: https://www.metaltigerplc.com/

Requests:

Michel McNeilly

(Chief executive officer)

Tel: +44 (0)20 7099 0738

Mark Potier

(Investment Director)

James Dance

James Harris

Robert Collins

Strand Hanson Limited (appointed adviser)

Tel +44 (0)20 7409 3494

Simon Johnson

Steve Douglas

Arden Partners plc (Broker)

Tel: +44 (0)20 7614 5900

Gordon Pool

James Crothers

Rebecca Waterworth

Camarco (financial PR)

Tel: +44 (0)20 3757 4980

Notes to editors:

Metal Tiger PLC is listed on 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 mining projects high potential with a focus on base, precious and strategic metals.

The Company’s objective is to provide a high return to shareholders by investing in largely undervalued and/or high potential opportunities in the mining exploration and development sector. Metal Tiger has two investment divisions: equity investments and project investments.

Equity investments invests in undervalued natural resource companies. The majority of its investments are listed on AIM, TSX and ASX, including its stake in Sandfire Resources Limited (ASX:SFR). The Company also considers selective opportunities to invest in private natural resource companies, generally where there is an identifiable path to IPO. Through stock and warrant trading, Metal Tiger seeks to generate investment cash for the Project Investments division.

Project investments is focused on developing its core project interests in Botswana, where Metal Tiger has a growing interest in the vast and highly prospective Kalahari Copper/Silver Belt through its stake in Kalahari Metals Limited.

The Company actively evaluates new investment opportunities on an ongoing basis and has access to a diversified portfolio 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 purchasing publicly traded equity, private financing and/or entering into a joint venture.

See the source version on businesswire.com: https://www.businesswire.com/news/home/20220705005378/en/

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Metal Tiger plc