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Australia
London
City-of
United-kingdom
Botswana
Australian
James-crothers
Paul-shackleton
Gordon-poole
Mark-potter
Michael-mcneilly
Rebecca-waterworth
Cobre Limited (ASX:CBE) Investment in Metal Tiger plc (ASX:MTC)
Investment in Metal Tiger plc (ASX:MTC)Sydney, July 27, 2021 AEST (ABN Newswire) - Cobre Limited (
ASX:CBE) is pleased to announce that it has agreed to invest A$1.0m into the capital raising announced yesterday by Cobre s largest shareholder, ASX and AIM listed, Metal Tiger plc (
Commenting on the investment into Metal Tiger, Cobre s Executive Chairman and Managing Director, Martin Holland, said: The Cobre Board believes this investment shows commercial alignment and gives Cobre shareholders additional interest to the Kalahari project and royalties MTR owns over the district. Cobre has a high level of confidence in the Metal Tiger Board and management team and believes this investment is one which will prove to be one of significant value for Cobre s shareholders. I look forward to continuing our relationship under the Joint venture agreement - with the aim to discover a new Cu deposit in Botswana and see
Australia
Sydney
New-south-wales
Botswana
Australian
Michael-mcneilly
Martin-holland
Cobre-limited
Kalahari-metals
Metal-tiger
Executive-chairman
Managing-director