Metal Tiger said MOD Resources, its JV partner in Botswana, has entered into a trading halt on the ASX until 26 September 2016 pending the release of the maiden JORC compliant resource for the T3 target in the Kalahari Copper Belt.
The trading halt temporarily suspends trading in the shares of MOD resources whilst the company processes price sensitive news and prepares relevant market announcements, in this case in respect of the T3 JORC compliant maiden resource.
Following release of the price sensitive news, MOD resources will resume trading on the ASX.
The shares of Metal Tiger will however continue to trade on the AIM market in London and the Board of the Company look forward to releasing details of the T3 maiden resource statement very shortly.
At 9:52am: (LON:MTR) Metal Tiger Plc Ord 0.01p share price was +0.2p at 3.3p