You misunderstand what has happened here. Tigers Realm Minerals...

You misunderstand what has happened here. Tigers Realm Minerals is more or less a private "Incubater" Company, for the want of a better word. The Directors have decided it has done its job, viz, used the shareholders' investment to "incubate" TIG, NXE and ARS. In my view this achievement is without parallel in recent times but exactly coincided with the worst commodity downturn in recent history. The shares being held on behalf of the shareholders are simply being returned to them so they become liquid and it is called an in-specie distribution.
It wasn't done on the spur of the moment but was planned a year ago but has had to wait, for various administrative reasons.
The market will be flooded to some extent and one might expect the price to drop. That's no different from what has plagued TIG SP for the last few years. An artificially low SP because of virtually no trading.
Look out, however. TIG will soon be making some money. If we are not bought out soon I will be very surprised. If I'm wrong we will get rich anyway.