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3	Column 1 0 Metal Tiger plc  -  MTR MOD Resources Investment UpdateReleased 16:13 12-Feb-2018

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LONDON--(BUSINESS WIRE)--
MOD Resources Investment Update
12 February 2018
Metal Tiger Plc
("Metal Tiger" or the "Company")
MOD Resources Investment Update
Metal Tiger plc (LON:MTR), the London Stock Exchange AIM listed investor in strategic natural resource opportunities, is pleased to announce an update with regard the Company’s investment in MOD Resources Limited (“MOD”) (ASX:MOD).
Highlights:

• Metal Tiger currently holds 111,200,000 MOD shares valued at present at A$6,004,800 (circa £3,395,036) at Friday’s ASX closing price of A$0.054. This represents 5.87% of the issued share capital of MOD;
• Metal Tiger also holds 1,541,667 warrants with an exercise price of $A0.06 (expiry 15.4.19)

Since 29^th August 2017, Metal Tiger has made the following investments in MOD:

	Column 1	Column 2	Column 3	Column 4	Column 5	Column 6
0	Date		Amount		Price (A$)
1	29/08/2017		3,748,720		0.0615
2	17/11/2017		1,800,000		0.0531
3	21/11/2017		1,856,066		0.0534
4	14/12/2017		1,909,825		0.0500
5	15/12/2017		1,210,906		0.0500
6	18/12/2017		85,107		0.0500
7	19/12/2017		794,162		0.0500
8	20/12/2017		1,000,000		0.0500
9	17/01/2018		850,000		0.0570
10	17/01/2018		900,000		0.0577
11	19/01/2018		1,600,000		0.0637
12	22/01/2018		650,000		0.0622
13	05/02/2018		1,004,786		0.0595
14	06/02/2018		1,995,214		0.0591

Michael McNeilly Chief Executive Officer of Metal Tiger commented:
“We are pleased to confirm the increasing investment by the Company in MOD Resources. We anticipate further market updates in respect of Botswanan exploration progress in the near term.”
MOD reported audited net assets of A$31,504,515 and audited net loss of A$2,057,170 for the six months ended 30.06.17.