Tiger Oil and Energy, Inc. (OTCPK:TGRO) announced an equity line of funding of 1,200,000 shares at a price of $0.50 per share for gross proceeds of $600,000 on December 12, 2013. The transaction will include participation from existing investor Chancery Lane Investment Group. The company will issue no more than 400,000 in one tranche for a period of 12 months till December 12, 2014 and another 12 months if the company and investor agree upon the same.
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- Tiger Oil and Energy, Inc. announced that it expects to receive $0.60 million in funding from Chancery Lane Investment Group.