Metal Tiger raises £4.85m at 3p a share

Metal Tiger has closed its private placement offering after raising a total of £4.39m and a further £460,000 via a placing and subscription of shares in the company, all at 3p a share.

This was the largest fundraise by Metal Tiger to date, providing funds to advance its interests across its mining portfolio of assets and, in particular, T3 in Botswana.

At 9:01am: (LON:MTR) Metal Tiger Plc Ord 0.01p share price was +0.18p at 2.93p