Ann: Transaction Update 4 July 2018, page-2

Tiger Resources Limited (ASX: TGS) (“Tiger” or the “Company”) notes that, under the Share Purchase
Agreement (“SPA”) and Royalty Deed (“Royalty Deed”) with Sinomine Fuhai (Hong Kong) Overseas
Resource Investment Co., Ltd. (“Sinomine HK”) for the sale of 100% of its shares in Tiger’s subsidiaries
(“Transaction”), the parties have a termination right if completion did not occur by 30 June 2018. As noted
in Tiger’s last Activities Report for the Quarter Ended 31 March 2018, the complexity of the Transaction
resulted in delays and, consequently, completion did not occur by 30 June 2018. However, at this time
none of the parties has given notice of termination and they are continuing discussions on terms under
which they would be prepared to continue to progress the transaction. The Company has set a timeframe
for discussions to be concluded of close of business Perth on Friday 6 July 2018.

Hopefully by the end of the week the deal will be terminated.