(via Thenewswire.ca)
Toronto, Ontario / TheNewswire / October 11, 2016 - Red Tiger Mining
Inc. (TSXV: RMN) (“Red Tiger” or the
“Company”) announces that it has received the resignation of Mr. Igor
Omelchenko from the Company’s Board of Directors and Audit Committee. The Board of Directors
thanks Mr. Omelchenko for his service and wishes him continued success
in his future endeavors.
About Red Tiger Mining
Red Tiger is engaged in copper cathode production, and in the exploration and development of copper
and gold projects through its wholly-owned subsidiary, Minerales Libertad, S.A. de C.V. (“Minerales”) at San Antonio de la Huerta,
in the state of Sonora, Mexico.
On July 1, 2013, Minerales placed the Luz del Cobre Copper Project, an open-pit, heap leach, copper
recovery operation into commercial production. The Company has other prospects on its over eleven-thousand-hectare concession at
various stages of exploration, and is potentially a gold producer in the mid-term.
Red Tiger is listed on the TSX Venture Exchange (symbol "RMN"). The number of shares
outstanding is 144,446,957.
For further information, please contact:
Red Tiger Mining Inc.
PO Box 23006 Castlewood, Toronto, ON M5N 3A8
info@redtigermining.com
www.redtigermining.com
David Lurie
Chief Executive Officer
dlurie@redtigermining.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is
defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
Forward-Looking Information
This press release contains certain “forward-looking information”. All statements, other
than statements of historical fact, that address activities, events or developments that Red Tiger believes, expects or anticipates
will or may occur in the future (including, without limitation, statements relating to the Private Placement, the
recommencement of mining operations and the filing and clearing of the PIFs with the TSX Venture Exchange) constitute
forward-looking information. This forward-looking information reflects the current expectations or beliefs of Red Tiger based on
information currently available to Red Tiger as well as certain assumptions including, without limitation, the assumption that Red
Tiger will complete the Private Placement and be granted TSX Venture Exchange approval in respect of the private placement, and be
able to recommence mining operations as proposed. Forward-looking information is subject to a number of significant risks and
uncertainties and other factors that may cause the actual results of Red Tiger to differ materially from those discussed in the
forward-looking information, and even if such actual results are realized or substantially realized, there can be no assurance that
they will have the expected consequences to, or effects on Red Tiger. Factors that could cause actual results or events to differ
materially from current expectations include, but are not limited to, TSX Venture Exchange approval for the Private Placement not
being obtained, unforeseen difficulties in connection with the process for recommencing production at Red Tiger’s mine.
Any forward-looking information speaks only as of the date on which it is made and,
except as may be required by applicable securities laws, Red Tiger disclaims any intent or obligation to update any forward-looking
information, whether as a result of new information, future events or results or otherwise. Although Red Tiger believes that the
assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future
performance and accordingly undue reliance should not be put on such information due to the inherent uncertainty
therein.
Copyright (c) 2016 TheNewswire - All rights reserved.