Metal Tiger PLC (ASX:MTR, OTC:MRTTF) will now be known as Strata Investment Holdings PLC to better reflect the change in the company’s investment policy.
The new name takes effect today, with Strata now solely listed on the Australian Stock Exchange bearing a new ticker code of SRT.
The investment company, which focuses on natural resources opportunities, did not elaborate on its new investment policy.
New strategic direction
“We are excited to announce that Metal Tiger will now be known as Strata Investment Holdings and will be branded STRATA,” its chief executive officer Michael McNeilly said.
“This change in name reflects our company's exciting new vision and strategic direction as we transition towards implementing our New Investment Policy.
“We firmly believe that this new brand perfectly aligns with our aspirations for growth and success in the future.”
Operational status quo
The rebrand will not affect contracts, agreements, and legal obligations currently in place. Nor will it affect Strata’s present operations or financial standing.
“As we make this transition as a sole listed ASX company, we would like to take this opportunity to express our gratitude to all of our shareholders and stakeholders for their unwavering support,” McNeilly said.
“Our commitment to creating value for our shareholders and stakeholders remains unchanged, and we are thrilled about the opportunities that lie ahead.
“We are confident that with our new investing policy, the future of Strata Investment Holdings looks brighter than ever before.”
New social media
In conjunction with the name change, a new website www.strataplc.com has been launched, with new social media handles @strataplc for Twitter and Strata Investment Holdings plc for LinkedIn.
Strata focuses on project investments, equity investments and holds a small portfolio of royalties.
Its investee company Cobre Ltd (ASX:CBE) said last month that a 10,000-metre aircore drilling program is currently underway at its Kitlanya West Project in Botswana.