SI Capital Broker Appointment to MetalNRG plc

MetalNRG (LON:MNRG), the London NEX Exchange quoted natural resource investing company, is pleased to announce the appointment of SI Capital Limited as the Company’s corporate broker with immediate effect.  MetalNRG also announces, pursuant to the Strategic Financing announced on 20 March 2017, the issue and allotment of and the admission of the new placing and option conversion Ordinary Shares to trading on the NEX Exchange Growth Market.

Paul Johnson Chief Executive Officer of MetalNRG commented: 

“…The appointment of SI Capital is particularly notable.  Many investors are increasingly concerned that quoted companies choose their brokers carefully and in particular ensure that the brokers they appoint are fully aligned with existing shareholder interests.  In my work I have engaged numerous times with SI Capital over recent years and without question I view their corporate team with the greatest respect.  They are highly professional, unquestioningly capable and through this fundraise for a NEX Exchange company, have demonstrated they have material fundraising capability.”

NEX Exchange is also developing rapidly, and it is a significant part of my role to demonstrate this NEX quoted share is able to trade in a liquid fashion enabling investors to buy and sell on the market with relative ease.  The NEX Exchange team are taking positive steps to further support liquidity and that, combined with corporate proactivity of quoted companies will make NEX a strong competitor to other UK and overseas exchanges and one where growth companies can thrive.”

Appointment of SI Capital Limited

The Placing was arranged on MetalNRG’s behalf by the corporate broking team of SI Capital Limited which has been appointed as the Company’s broker with immediate effect.  The Board of MetalNRG look forward to working with SI Capital in the development of the Company and the expansion of its shareholder base.