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McGrathNicol Restructuring has been appointed as voluntary administrator of Tiger Resources to assess the future of the company and its assets.
McGrathNicol Restructurings Rob Kirman and Rob Brauer will work alongside Tigers management and directors to explore options of either selling or recapitalising the company.
The voluntary administration does not extend to Tigers subsidiaries, including Socit dExploitation de Kipoi (SEK) and the Kipoi copper project.
However, Tigers interest in the Kipoi copper project will be considered in the assessment.
SEK is a 95 per cent-owned subsidiary of Tiger who operates the Kipoi copper project in the Democratic Republic of the Congo.
The mineral resource for the Kipoi copper project…
Read the full article at: https://www.australianmining.com.au/news/tiger-resources-enters-voluntary-administration/