TGS 0.00% 4.9¢ tiger resources limited

Ann: TGS Lender Voting Intention Statements, page-15

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    The destination of the Tiger:

    "....In granting the extension, the directors considered Sinomine's ambition to become a leading battery minerals company, the central role that Prospect's Arcadia lithium project might play in their strategy and the benefits to Prospect's shareholders of being engaged with a significant participant in a key market for its lithium products. The directors also noted that Sinomine appears to be quickly executing its strategy as evidenced by its conditional agreement (in conjunction with Shenzhen Oriental Fortune Capital Co., Ltd) to purchase the DRC operations of Tiger Resources Ltd (ASX:TGS) (principally cobalt assets, see Tiger Resources announcement dated 22 January 2018) for some US$260m. ..."

    https://www.abnnewswire.net/amp/en/...C)-Market-Update-to-Sinomine-Transaction.html
 
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