Jan 24 (Reuters) - Metal Tiger PLC MTRM.L :
* REG-METAL TIGER PLC UPDATE ON COBRE INVESTMENT
* METAL TIGER - TOTAL VALUE OF METAL TIGER'S 19.4 MILLION SHARES IN COBRE AT IPO PRICE OF A$0.20 IS EQUAL TO A$3.9M
* METAL TIGER - COBRE WILL LIST ON AUSTRALIAN STOCK EXCHANGE WITH AN IPO RAISING, IN AGGREGATE, A$10.0M, ON OR AROUND 31 JANUARY 2020.