Tigers Realm Coal Limited (AU:TIG) has released an update.
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Tigers Realm Coal Limited has announced the successful shareholder approval for the sale of its Russian operations, which includes its main operating entity and associated licenses and subsidiaries, for a total sum of US$49 million. The company is exploring a capital return to shareholders and considering its future on the ASX, including a potential delisting and wind-up. Shareholders will be kept informed as the company works to satisfy remaining conditions and finalize the transaction.
For further insights into AU:TIG stock, check out TipRanks’ Stock Analysis page.