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03 Dec 2018 | 09:23

Metal Tiger buys small stake in Greatland Gold

Metal Tiger said it had bought a small stake in gold producer Greatland Gold for around £253k.

Metal Tiger paid 1.72p per share to take a 0.46% interest in the company.

'Metal Tiger is delighted to once again become a shareholder of Greatland Gold following the recent announcement of a world class gold discovery at Greatland's Havieron licence in the Paterson region of Western Australia,' chief executive Michael McNeilly said.

'We are highly encouraged by the indicative size of this new gold discovery at Havieron, given the exceptional drilling and geophysical results Greatland has announced to date.'

At 9:23am: (LON:MTR) Metal Tiger Plc Ord 0.01p share price was +0.03p at 1.43p

Story provided by StockMarketWire.com
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