Tiger recapitalises with $18.2m facility

September 26, 2017

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Copper miner Tiger Resources has secured an $18.2-million facility to support ongoing operations and to fund initiatives to improve the performance of its Kipoi copper project, in the Democratic Republic of Congo.

The new facility, which has a 13% a year interest rate, was agreed to with two of Tiger’s current senior lender group, and will run until the end of September 2018.

Category: General