The Group's objective is to make investments in the natural resource sector immediately prior to initial public offerings, at the IPO stage and in the aftermarket of companies quoted on AIM and Aquis markets and on other internationally recognised exchanges. Initial investments are for varying amounts but are usually in the £30,000 - £250,000 range. Investments will be made in both large cap resource stocks generating dividends as well as in smaller companies which may not be generating cash flow and often have further requirements to raise additional cash to continue their exploration and development programmes. Therefore, after appropriate due diligence, the Company may provide further funding and make follow-up market purchases to support investments it may have made in the past.

Key features of the Group's investment policy are as follows:

1. Participating in "passive style" equity investments where the Company does not play an active role in the operations or management of investee companies.
    
2. Making more "proactive style" equity investments where the Company participates in formulating the strategy of the underlying investments.
    
3. Making non-equity type investments by providing capital or assets in exchange for rights to a small percentage of future revenues and aligning Tiger to the success of its royalty partners.
    
4. Both pro-active and passive investments can be equity type investments or in the form of a royalty arrangement.
    

The proactive style of investment articulated above will involve the Tiger's officers taking executive roles in investee companies albeit generally through non-controlling stakes and generally being active in the management of the underlying investee company.