Tiger Resources Limited

Published : September 11th, 2007

Contractual Arrangements - Kipoi Project, DRC

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Tiger Resources Ltd.

Contractual Arrangements - Kipoi Project, DRC

Balcatta, Western Australia, Australia. September 11, 2007. Tiger Resources Ltd. (ASX: TGS, Frankfurt: A0CAJF):

As previously announced, Tiger Resources is acquiring an interest in the Kipoi Project, located in the Katanga Province in the south east of the Democratic Republic of Congo. The Kipoi Project is currently owned by SEK sprl, a company jointly owned by Congo Minerals sprl and Gecamines, a DRC State-controlled mining company.

Pursuant to its contractual arrangements with Gecamines, Congo Minerals is required to fund completion of a feasibility study at the Kipoi Project. Pursuant to its contractual arrangements with the owners of Congo Minerals, Tiger Resources has undertaken to complete a feasibility study at the Kipoi Project by 31 January 2009.

Congo Minerals has advised Tiger Resources that the contractual arrangements and activities of Congo Minerals at the Kipoi Project have recently been the subject of a review by the DRC Government Commission currently reviewing all contracts entered into by DRC State-controlled mining companies, including Gecamines. Congo Minerals has indicated that the Government Commission's initial report on its contractual reviews is expected to be presented to the DRC Parliament later this year.

As noted above, Tiger Resources' contractual arrangements with the owners of Congo Minerals require the completion of a feasibility study at the Kipoi Project by 31 January 2009. Congo Minerals has advised that Gecamines has written to it seeking to clarify the timing of completion of the feasibility study, with an expectation that the study be completed in the near future. It is understood that similar requests have been made to other partners of Gecamines exploring for and developing resource projects in the Katanga Province. Representatives of Congo Minerals and Tiger Resources are to meet with Gecamines' senior management to clarify Gecamines' expectations and ensure that the Kipoi Project is developed as quickly as possible in accordance with an agreed timeframe that is in the interests of all stakeholders.

Tiger Resources will advise the market of future developments in respect of the review by the Government Commission and the timing for completion of the feasibility study as and when factual information is available.

For further information in respect of the Company's activities, please contact:

Tiger Resources Ltd.

D. J. Young, Managing Director
dyoung@tigerez.com

Richard Taylor, Investor Relations
rtaylor@tigerez.com

Reg Gillard, Chairman
gillardr@crcpl.com.au

30 Ledgar Road, Balcatta, Western Australia 6021
Australia
Tel. +61 (8) 9240 1933
Fax +61 (8) 9240 2406
tiger@tigerez.com
http://www.tigerez.com/
http://www.tigerresources.de/

AXINO AG
investor & media relations
Königstraße 26
70173 Stuttgart
Germany
Tel. +49 (711) 25359230
Fax +49 (711) 25359233
http://www.axino.de/

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This mail distribution is a service of AXINO AG, Stuttgart on behalf of Tiger Resources Ltd, Perth, Australia. This message is for information purposes only. AXINO AG does not take any liability for the correctness of the information sent. Recipients, that make investment decisions or transactions, are completely acting on their on responsibility.

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Tiger Resources Limited

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CODE : TGS.AX
ISIN : AU000000TGS2
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Tiger Res. is a copper exploration company based in Australia.

Tiger Res. develops copper and cobalt in Congo Dem. Rep. of, and holds various exploration projects in Congo Dem. Rep. of.

Its main asset in development is KIPOI in Congo Dem. Rep. of.

Tiger Res. is listed in Australia and in Germany. Its market capitalisation is AU$ 97.6 millions as of today (US$ 65.4 millions, € 58.9 millions).

Its stock quote reached its highest recent level on April 29, 2011 at AU$ 0.64, and its lowest recent point on October 28, 2016 at AU$ 0.02.

Tiger Res. has 1 992 270 080 shares outstanding.

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10/23/2015Tiger Resources' Congo copper mine gets $160 mln investment
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Corporate news of Tiger Resources Limited
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6/30/2016Tiger appoints Non Executive Directors
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12/31/2015Tiger gibt Ernennung eines neuen Chairman bekannt
12/31/2015Tiger Announces Appointment of New Chairman
12/17/2015Retail Offer Booklet
12/17/2015Tiger completes institutional component of capital raising
12/15/2015Tiger Announces Funding Package and Operations Update
10/22/2015Taurus and IFC to provide USD162.5M Kipoi Financing
10/13/2015Tiger appoints Mark Connelly to the Board
9/2/2015African Down Under Presentation
8/28/2015Tiger's 2015 Half-Yearly Report
8/16/2015Resignation of Chief Executive Officer
7/31/2015Positive Results for Kipoi Debottlenecking Study
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4/24/20152014 Annual Report
4/10/2015Timing of 2015 AGM
3/31/20152014 Annual Financial Statements
1/29/2015Kipoi 2015 guidance and outlook presentation
12/7/2014Kipoi Expansion and Funding Update
10/21/2014September 2014 Quarterly Report
11/2/2007Further significant drill results at Kipoi Central, includin...
9/11/2007Drill Results Confirm Significant New Zones of Copper and Si...
9/11/2007Contractual Arrangements - Kipoi Project, DRC
8/1/20074th Quarter Report 2006/2007
6/30/2007General Meeting: Outcome Of Resolutions
6/25/2007Board Resignation
5/10/2007Closes A$ 18,000,000 Financing To Fund DRC Exploration And D...
4/10/2007A$ 17,500,000 Financing To Fund DRC Exploration And Developm...
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AUSTRALIA (TGS.AX)FRANKFURT (RH8.F)
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