11:47 AM EST - Tiger Resources Limited : provided clarification of its sales arrangements from the Kipoi Copper Project following media reports of a government ban on exports of copper and cobalt concentrates from the Democratic Republic of Congo (DRC). Tiger believes there will be no material impact on its operations or the continued sale of copper concentrate from Kipoi. All copper concentrate produced at Kipoi is sold at the mine-gate under the terms of an off-take contract with Trafigura Beheer BV. The copper concentrate is currently sold either to domestic customers in the DRC or exported to the Chambishi smelter in Zambia. The percentage of copper concentrate sold by export in Q1 2013 was 17%. Tiger Resources Limited
shares T.TGS are trading unchanged at $0.25.
