Troubled Tigers Realm seeks rescue

ONE day after Australian coal miner Bounty Mining slipped into voluntary administration due to operational issues and depressed coking coal prices, Tigers Realm Coal is seeking to test investor appetite for backing exploitation of the fossil fuel in Russia.

Troubled Tigers Realm seeks rescue Troubled Tigers Realm seeks rescue Troubled Tigers Realm seeks rescue Troubled Tigers Realm seeks rescue Troubled Tigers Realm seeks rescue

Tigers Realms' outlook is not quite as grim as the Russian winter.

Tigers Realm has launched a 13-for-four accelerated renounceable entitlement offer to raise A$58 million - twice its market capitalisation - at 1.16c, a 14% discount.

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