logo-loader
Tiger Resources Ltd

Tiger Resources managing director buys shares on-market

coppercathodeproduction_358x266_54812d9189002.jpg

Tiger Resources (ASX:TGS) managing director Bradley Marwood has acquired 704,314 shares in the company through an on-market trade.

He paid $98,604, or $0.14 each, taking his total holding up to 3,159,230 shares.

This follows finance director Stephen Hills acquiring 1 million shares on-market for $127,500.

In November, Tiger was assigned a ‘B-’ credit rating from Standard and Poor’s and a provisional ‘B2’ credit rating from Moody’s Investor Services.

This first time assignment of credit ratings is a milestone as the company progresses its strategy to restructure its existing facilities.

It has also maintained its 2014 production guidance of 14,000 tonnes copper cathode from its Kipoi Copper Project in the Democratic Republic of Congo following strong performance in the September quarter.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

Quick facts: Tiger Resources Ltd

Price: $0.05

Market: ASX
Market Cap: $97.62 m
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

Full interview: Zena Pay looks to help cannabis industry navigate the...

Fig House communication’s Dave Carter joined Steve Darling from Proactive Vancouver to discuss Zena Pay. They provide software solutions that specialize in payment, plant tracking, cannabis business management software, supply chain management, compliance management and government auditing...

23 hours, 16 minutes ago

2 min read