Statement re potential return of capital

RNS Number : 5880J

Tiger Resource Finance PLC

01 July 2011

 

Tiger Resource Finance plc

Statement re potential return of capital

Tiger Resource Finance Plc ("the Company" or "Tiger") announces that its board of directors (the "Board") is currently considering a return of capital to shareholders. The Board is of the opinion that market conditions have dictated that the price of the Company's shares do not reflect the underlying value of the Company's investments and cash.  In order to align the market value with the net asset value of the Company, the Board is assessing a return of capital to shareholders from Tiger's distributable reserves.

A further announcement regarding this proposed transaction will be made in due course.

For further information, please contact:

Tiger Resource Finance plc
Bruce Rowan, Chairman	Tel: [phone]
Raju Samtani, Director	Tel: [phone]
finnCap	Tel: [phone]
Corporate Finance - Matthew Robinson/Christopher Raggett
Corporate Broking - Joanna Weaving/Simon Starr

 

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