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Tiger completes institutional component of capital raising

Perth, Western Australia: Tiger Resources Limited (ASX:TGS) (“Tiger” or the “Company”) is pleased to report the successful completion of the institutional component of its accelerated entitlement offer (“Institutional Entitlement Offer”) announced on 16 December 2015. The Institutional Entitlement Offer, together with the US$6 million placement to Resource Capital Funds (“RCF”) completed on 17 December 2015, have raised gross proceeds of approximately US$13 million.

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