logo-loader
viewTiger Resources Limited

Tiger Resources in ASX trading halt

au_africa_globe_350_56709667d8f0f.jpg

Tiger Resources (ASX:TGS) has been granted a trading halt by the ASX pending details in relation to finalisation of the debt refinancing facility, and a capital raising.

In October Tiger agreed a terms sheet with Taurus Mining Finance Fund and International Finance Corporation, a member of the World Bank Group.

This was for a common terms agreement for a US$162.5 million secured financing facility for the refinancing and expansion of the Kipoi Copper Project.

The project is located in the Katanga Province of the Democratic Republic of Congo.

The halt will remain in place until the opening of trade on Friday 18th December 2015, or earlier if an announcement is made to the market.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.

Quick facts: Tiger Resources Limited

Price: - -

ASX:TGS
Market: ASX
Market Cap: -
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Xpediator PLC's CFO Robert Ross and COO of Logistics Romania to step up as...

Xpediator PLC's (LON:XPD) CFO Robert Ross speaks to Proactive's Andrew Scott following the news chief executive Stephen Blyth will step down from the position. Blyth will continue as a director in the position of founder and non-executive deputy chairman. While the search for a permanent...

1 day, 16 hours ago

2 min read