Metal Tiger has raised A$5m (£2.7m) at a price of $0.37/share (0.20p). Sandfire Resources (SFR.ASX), a company that Metal Tiger holds a 3.4% interest in, has upgrade its JORC 2012 compliant mineral resource estimate for the A4 Copper-Silver Deposit, located in the Kalahari Copper Belt of Botswana. Metal Tiger also owns a 2% net smelter royalty over c. 8,000km2 of Sandfire's licence holdings in the Kalahari Copper Belt, which contain the A4 Deposit.
