Tigers Realm Coal Limited (AU:TIG) has released an update.
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Tigers Realm Coal Limited has agreed to sell its Russian coal assets, including the Amaam North project and the Beringovsky Coal Terminal, to APM-Invest for $49 million, subject to shareholder approval. The company plans to return the proceeds from the sale to its shareholders. This strategic move follows challenges faced by the company, and is aimed at unlocking value for shareholders.
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