Miami, United States, December 2, 2015 ? Mr. Francis Scola (?Scola?), 3737 Collins Ave,
Miami Beach Florida, 33140, announces that, pursuant to a private transaction (the
?Transaction?), he acquired 55,866,152 common shares (the ?Acquired Shares?) of Red Tiger
Mining Inc. (?Red Tiger?), representing approximately 43.61% of the issued and outstanding
common shares of Red Tiger. Pursuant to the Transaction, Scola paid US$1,036,000 for the
Acquired Shares, which is approximately US$0.0185 (equivalent to approximately CAD$0.0247
based on the US$ to CAD$ bank of Canada noon exchange rate of 1.3372 on December 1, 2015)
per Red Tiger common share.
Prior to the acquisition of the Acquired Shares, Scola beneficially owned and/or exercised
control or direction over 80,000 Red Tiger common shares, representing approximately 0.06% of
the issued and outstanding common shares of Red Tiger on an undiluted basis. Scola also holds
common share purchase warrants entitling Scola to acquire up to 16,800,000 Red Tiger common
shares and Red Tiger stock options entitling him to acquire up to 600,000 Red Tiger common
shares. Following the acquisition of the Acquired Shares, Scola beneficially owns and/or
exercises control or direction over...
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