Tiger Gold Corp. Announces Upsize of Offering Special Warrants to $18,000,000 - Seite 2

Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106 - Prospectus and Registration Exemptions, the Special Warrants will be offered for sale on a commercially reasonable efforts agency basis to eligible purchasers resident in each of the provinces and territories of Canada other than Quebec (the "Qualifying Jurisdictions") and/or in jurisdictions outside of Canada that are mutually agreed to by the Company and SCP, provided that no prospectus filing, registration statement or comparable obligation arises and the Company does not thereafter become subject to continuous disclosure obligations in such jurisdictions.

Tiger will pay the Agents a cash commission in an amount equal to 6% of the gross proceeds from the sale of the Special Warrants under the Offering (including, for certainty, any Special Warrants issued in connection with the Over-Allotment Option) and the number of compensation special warrants (the "Compensation SWs") equal to 2% of the aggregate number of Special Warrants issued by the Company under the Offering. Each Compensation SW may be exercised by the Agents for one compensation option of the Company (a "Compensation Option") entitling the Agents to purchase one common share of the Company (the "Compensation Shares") at an exercise price per Compensation Share that is equal to the Issue Price. Each of the Compensation SWs and the Compensation Options shall each have a term of 36 months following the Closing Date; provided, however, that Special Warrants sold to purchasers under a "president's list" to be provided by the Company to the Agents (the "President's List"), up to a maximum of C$5,000,000 in gross proceeds, will be subject to a reduced Cash Commission equal to 2% of the gross proceeds from such sale. The completion of the Offering remains subject to the approval of the TSX Venture Exchange (the "Exchange").

This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities, nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful, including any of the securities in the United States of America. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "1933 Act") or any state securities laws and may not be offered or sold within the United States or to, or for account or benefit of, U.S. Persons (as defined in Regulation S under the 1933 Act) unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration requirements is available.

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