JOHANNESBURG (miningweekly.com) – Aim-listed Metal Tiger announced on Wednesday that a joint venture (JV) between it and other parties in Thailand, has started an initial public offering (IPO) process to list on the Aim in the second quarter of this year.
Through the JV, Metal Tiger, Karnchanaburi Exploration and Mining and Boh Yai Mining Company own the Song-Toh and Boh-Yai Thai silver-lead-zinc mines, in Thailand.
The mines are located 300 km north-west of Bangkok in Thailand and primarily produce zinc but also some lead and silver.
“The IPO of the Thai JV is expected to realise significant value for all interested parties and shareholders and create a highly attractive company on the Aim for investors to gain exposure to a near-term production silver-lead-zinc project,” said Metal Tiger CEO Michael McNeilly.
Edited by: Chanel de Bruyn
Creamer Media Senior Deputy Editor Online
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