Perth, Australia (ABN Newswire) - Tiger Resources Limited (ASX:TGS) provides the Investor Presentation Acquisition of Remaining 40% in Kipoi with the executive summary reproduced below.

Acquisition

- Tiger to acquire all rights and interests of 40% shareholding in SEK SA, excluding the 2.5% gross income royalty (retained by Gecamines)

- Acquisition price of US$111.0 million

Acquisition Funding

- Placement of A$19.5 million

- 1:5 Entitlement Offer to raise A$53.9 million

- US$100.0 million bridge facility (subject to customary conditions to drawdown)

Capital Raising

- Placement and fully underwritten accelerated non-renounceable entitlement offer

- Offer price of A$0.30 per share

Acquisition Timing

- US$6.5 million deposit paid

- US$104.5 million balance due by 10 November 2014

Government Interest

- After completion of the acquisition, Tiger intends to cede a 5% interest in SEK to the DRC Government to align Kipoi's mining titles with the DRC Mining Code.

To view the Investor Presentation, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-TGS-689291.pdf



About Tiger Resources Limited:

Tiger Resources Limited (ASX:TGS) has established itself as a producing copper/cobalt company with excellent growth potential after making the transition from an explorer. We have a highly-rated portfolio of properties, all strategically located on the world renowned Katanga Copperbelt in the Democratic Republic of the Congo (DRC), central Africa.



Source:

Tiger Resources Limited



Contact:

Tiger Resources Limited
T: +61-8-6188-2000
F: +61-8-6188-2099
WWW: www.tigerez.com