- Metal Tiger said it had amended an agreement with Cobre that would allow the latter to increase the size of its IPO in Australia to A$10m.

Metal Tiger said it would now be issued with an additional 750k Cobre shares for a nominal subscription price of, in aggregate, A$1.

The issuance was in order to compensate the company for the dilutive effects of the increased fundraise.

At 9:43am: [LON:MTR] Metal Tiger Plc Ord 0.01p share price was +0.08p at 1.28p

Story provided by