TGS 0.00% 4.9¢ tiger resources limited

TGS Tiger to Roar !!!!!!!!!!!!!!!!

  1. 1,430 Posts.
    TIGER RESOURCES LIMITED 2002-11-06 ASX-SIGNAL-G

    HOMEX - Perth

    +++++++++++++++++++++++++
    Tiger has completed a placement of 2,000,000 fully paid ordinary
    shares together with 2,000,000 free attaching options to raise
    $100,000 for the purpose of continuing its resources exploration
    activities and general working capital. The issue of the placement
    options referred to is subject to shareholder approval.

    Recent months has seen a continuation of World events that suggest
    the security and defence sectors will remain buoyant for some time
    with particular emphasis on counter terrorism, with the elimination
    of weapons of mass destruction and surveillance as key drivers within
    those sectors. Recent publications such as the September 2002 issue
    of Popular Science, "The New War in Space," and continued sensitivity
    in various world trouble spots indicate that Tiger's ALTRAV system is
    well placed to fill a niche in emerging space systems development.

    Work on potential testing programs is near completion and it is
    planned these be discussed with Australian Defence officials and
    Government agencies in Canberra before the return visit to the United
    States. The aim of these discussions will be to determine Australian
    interest in developing a cooperative testing program with the United
    States of America for Tiger Defence Systems and to examine potential
    linkages into existing and emerging Australian Defence programs and
    capabilities.

    Mr Des Mitting is planning a return visit to the United States of
    America in November/December 2002 when he will take up the
    invitation to brief senior personnel at the China Lake Weapons
    Testing Centre in California on Tiger systems. While in the United
    States, Mr Mitting also plans to have discussions with Defence
    officials about potential testing programs for Tiger Defence systems
    (Directed Energy Blast and ALTRAV). He will continue to develop
    Tiger's profile and market penetration strategy in the USA with
    emphasis on Joint Venture opportunities with US companies identified
    during the previous visit and subsequent discussions.

    Because the company's exploration tenements are located on private
    farm land in the South West (WA) exploration will re-commence after
    the 2002 harvest is completed.

    R J Collins
    DIRECTOR

    the patient will see this tiger ROAR!!!!!!!!!!!!!!
    Good trading

    Ytrade



 
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