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Patric Barry, President of Tiger International Resources, reports that the company has applied to the South Australian Government for an expansion of the present size and boundaries of the Flinders Ranges Diamond Project mining claims in South Australia by approx. 450 sq. kms. An area which the company considers prospective for diamonds became available. The company has mapped locations on this area where diamond indicator minerals have been located, and will include this area in the project area for future work. Tiger International also reports that the United States Securities and Exchange Commission (SEC) has granted the company a 20F Registration which is a full reporting registration in the United States. This registration has two advantages for Tiger, a) the company is now fully registered in the United States which eases the way for listing on the OTC Bulletin Board or the Nasdaq; and b) the 20F Registration permits stockbrokers in the United States to solicit activity in the company's shares if they choose to do so. Tiger International management met recently with the Australian Stock Exchange listings department to learn if Tiger may colist in Australia under the ASX Foreign Issuer Exemption Policy. Tiger management was disappointed to learn that the ASX requires a company to have a A$fifty million asset prior to being approved for such a listing under the Foreign Issuer Exemption, although Tiger has prepared a submission to the ASX for it's review to see if there is a way for Tiger to colist on both the Vancouver Stock Exchange and the Australian Stock Exchange. Tiger management is aware of the recent decline in the company's share price, which it believes is due to weak sharemarket conditions. A solution to this weak share price is being sought which may include applications for listing on other stock exchanges. Tiger International Resources Inc. Patric Barry This press release has been neither approved nor disapproved by the Vancouver Stock Exchange which takes no responsibility for its contents.
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