Perth, Western Australia: Tiger Resources Limited (ASX: TGS) (Tiger or Company) advises that Banque Commerciale Du Congo SA (BCDC) has agreed to extend the maturity date for its existing US$15 million overdraft facility, which it has provided to the Company’s subsidiary, Société d’Exploitation de Kipoi SA (“SEK SA”), from 28 February 2018 to 31 December 2018.
The interest rate applicable to the facility will remain unchanged at 9.25% per annum. Interest will be charged monthly by debit to the account. No other fees or commissions are payable in respect of the extension or the facility.