Tiger extends loan

TIGER Resources has extended a $US100 million ($A128 million) loan entered into last year with Taurus Mining Finance Fund as concerns linger on its stretched balance sheet.

Tiger extends loan Tiger extends loan Tiger extends loan Tiger extends loan Tiger extends loan

Under the new changes the loan, which is currently drawn to $75 million, will expire on October 17 and Tiger has the right to extend that date to January 31, 2016.