Metal Tiger PLC - natural resources-focused investor - subscribes for 1.4 million units in base metals explorer Pan Global Resources Inc at a price of CAD0.18 each for a total investment of CAD250,000, worth around GBP146,000. Each unit consists of one share in Pan Global and one-half of one share purchase warrant exercisable at a price of CAD0.28 for a period of two years following the closing date of the fundraise.
Current stock price: 24.50 pence
Year-to-date change: up 78%
By Lucy Heming; lucyheming@alliancenews.com
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