Ambrian Advises on A$21.9 million Placing for Tiger Resources Limited

Ambrian Partners Limited (“Ambrian”), a wholly-owned subsidiary of Ambrian Capital plc, has acted as broker and deal arranger to Tiger Resources Limited (“Tiger”), the copper and cobalt exploration and development company focused on the Katanga copper belt in the Democratic Republic of Congo (“DRC”). Ambrian advised Tiger in raising A$21.9 million (US$18.6 million).

Tiger (tickers: ASX or TSX: TGS) proposes to issue 121.4 million shares in total at a price of A$0.18 per share. Net proceeds of the capital raising will be allocated towards bringing its Kipoi project into production, further development of its Lupoto projects and for general working capital purposes.

For more information please visit www.tigerresources.com.au.

Ambrian Capital plc (AIM: AMBR) is the holding company of Ambrian Partners Limited, Ambrian Commodities Limited and Ambrian Metals Limited.
 
Ambrian Partners Limited is a focused investment bank known in the market today for its leading positions in the metals & mining, oil & gas and cleantech sectors. It provides corporate finance advice, equity research, sales and trading and market making services. Ambrian Partners has been ranked first in the AIM Basic Materials Sector in the Hemscott Advisers Rankings and was voted No. 1 for small- and mid-cap mining in the Extel Survey of fund managers in 2009. Ambrian Partners is a member of the London Stock Exchange and is authorised and regulated by the Financial Services Authority.

Enquiries:

Mark Wellesley-Wood/Richard Greenfield 
Ambrian Partners Limited
+44 (0) 20 7634 4700

Charlotte Kirkham/Ben Simons
M: Communications
+44 (0) 20 7920 2331/2340

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