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SFRRF / Metal Tiger completes sale of 1,300,000 shares in Sandfire Resources, raising gross proceeds of about A$6.929mln

Metal Tiger completes sale of 1,300,000 shares in Sandfire Resources, raising gross proceeds of about A$6.929mln
Metal Tiger PLC (AIM:MTR, OTC:MRTTF, ASX:MTR), the AIM and ASX listed investor in natural resources opportunities, said it has completed the sale of 1,300,000 shares in Sandfire Resources at approximately A$5.357 per share, raising gross proceeds of approximately A$6.929mln. Metal Tiger said it has used part of the proceeds of the sale to take up its pre-emptive rights in the retail component of Sandfire's entitlement offer for a total investment of A$2,034,824.50 for an additional 473,215 shares in Sandfire at a price of A$4.30 per share. Read More
Posted: Dec 6 2022, 11:04
Author Name: Proactive Investors
Views: 110637

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