Agreement

Tiger Resource Finance PLC
03 September 2003

                      TIGER RESOURCE FINANCE PLC ('Tiger')

Tiger Resource Finance plc ('Tiger') is pleased to announce that it has agreed
in principle to subscribe for up to C$330,000 of MIT Venture Corp. (MVC-V)
('MIT') common shares (post consolidation) at C$0.06 per share together with a
half warrant for one common share post consolidation exercisable at C$0.10 per
share valid for two years.

This subscription will assist with the initial development of the
silver-lead-zinc El Aguila property (valued approximately at C$500,000), which
Minmet plc (MNT.L) ('MinMet') has agreed in principle to vend into MIT for MIT
common shares (post consolidation) at C$0.10 per share.

The above agreements are subject to regulatory and board approvals.

The 1,000 ha. El Aguila property (elevation of 4,400 metres above sea-level) is
located 17 km North West of the historic large mining centre of Cerro de Pasco,
in the highly prospective Central Peru metallogenic belt. Exploration drilling
on the property has demonstrated the occurrence of a mineralised sheeted
fracture system and possible replacement mineralisation by a pyrite rich
hydrothermal breccia pipe. Drilling results have shown high levels of silver,
lead and zinc over variable widths.

Both MinMet and Tiger will have representation on the MIT Board and it is
expected that the agreements will complete by the end of October 2003.



For further information contact:
Colin Bird - 020 7590 8806




3 September, 2002


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