'tigers shareholders snap up shares'

Great result. Cashed up now for the next winter drill program at Amaam. Lodestone Equities (Gordon Toll,
ex-Fortescue Chairman) is an excellent endorsement for TIG..
Once pfs completed, cornerstone investor shouldn't be an issue. Well done to Owen, Tony and the team who proved they CAN raise funds for TIG in difficult times. Mark of great management.

Now's the time to load up.

nil.

http://www.smh.com.au/business/tigers-shareholders-snap-up-shares-20120711-21urm.html

'Tigers shareholders snap up shares'

DateJuly 11, 2012 - 9:56AM

Shareholders in Tigers Realm Coal have shown continued faith in the junior explorer, signing up for another $8.9 million worth of shares in a raising this week.

Despite a slump in the share price from 50 cents upon issue last August to 18 cents this week, institutional investors responded positively to the raising, which aimed to raise between $5 million and $10 million.

Ordinary shareholders will now be given a chance to buy up to $15,000 worth of shares, with all this weeks funds going toward further development of the company's coal asset in far eastern Russia.

Tigers initially floated with two assets, but recently divested its columbian coal interests to allow it to channel all funds and focus upon the Russian project.

Advertisement The company is the brainchild of well known mining personality Owen Hegarty, and is planned to be followed by other ventures using the Tigers Realm brand in commodities like copper and gold.

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