REG - Tiger Royalties&Invs - TAO Strategies transaction completes

Tiger Royalties and InvestmentsAnnouncement

14/05/2025 07:00

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RNS Number : 5323I  Tiger Royalties and Investments PLC  14 May 2025

14 May 2025

Tiger Royalties and Investments Plc

('Tiger' or 'the Company')

Tiger Successfully Completes £250,000 Strategic Investment in Tao Strategies Singapore

Tiger Royalties and Investments Plc (AIM: TIG), an investment vehicle focused
on incubating technology and mining projects, is pleased to announce that it
has completed the £250,000 equity investment in Tao Strategies Singapore
("Tao Strategies") following satisfaction of all conditions precedent outlined
in the Letter of Intent announced on 9 May, 2025.

The £250,000 investment secures an equity position in Tao Strategies, with
the funds tobe used to scale Tao Strategies' operations with additional
subnodes and advanced AI model development. With this investment complete,
Tiger has created a foundation for its wider TAO Strategy within the Bittensor
ecosystem, which currently maintains a market capitalisation of c.USD$3.3
billion, with a daily turnover of often over USD$100 million.

Jonathan Bixby, Chief Executive Officer of Tiger, commented: "The successful
completion of this strategic investment in Tao Strategies marks another
significant milestone for Tiger as we execute on our vision to build a
diversified portfolio across the Bittensor landscape, and position Tiger at
the forefront of the democratisation of intelligence."

Olivia Edwards, Founder of Tao Strategies Singapore, added: "With Tiger's
investment now complete, we can accelerate the deployment of our validator
node operations and strengthen our position in the Bittensor network.

GLOSSARY:

"Bittensor
Subnet"
self-contained incentivised ecosystem built on top of the Bittensor
network

"Nodes"
participants in the Bittensor network

"Miners"
producers of digital commodities

"Validator Nodes"
 
evaluators of the quality of work of the miners

"Subnodes"
 
supporters of the main nodes

 

For further information please contact:

 

 Tiger Royalties and Investments Plc  Jonathan Bixby                                  +44 (0) 20 7581 4477
 Beaumont Cornish (Nomad)             Roland Cornish & Felicity Geidt                 +44 (0) 20 7628 3369

 Fortified Securities                 Guy Wheatley                                    +44 (0) 7493 989014

 (Broker)                             Email: guy.wheatley@fortifiedsecurities.com
                                      (mailto:guy.wheatley@fortifiedsecurities.com)
 Novum Securities                     Jon Belliss                                     +44 (0) 20 7399 9425

 (Broker)
 Yellow Jersey PR                     Charles Goodwin & Annabelle Wills               +44 (0) 20 3004 9512

 

Beaumont Cornish Limited ("Beaumont Cornish") is the Company's Nominated
Adviser and is authorised and regulated by the FCA. Beaumont Cornish's
responsibilities as the Company's Nominated Adviser, including a
responsibility to advise and guide the Company on its responsibilities under
the AIM Rules for Companies and AIM Rules for Nominated Advisers, are owed
solely to the London Stock Exchange. Beaumont Cornish is not acting for and
will not be responsible to any other persons for providing protections
afforded to customers of Beaumont Cornish nor for advising them in relation to
the proposed arrangements described in this announcement or any matter
referred to in it.

 

This announcement contains inside information for the purposes of Article 7 of
Regulation 2014/596/EU as it forms part of the UK law pursuant to the
European Union (Withdrawal) Act 2018

 

Notes to Editor

 

Tiger Royalties and Investments Plc (AIM: TIG) is an investment vehicle
focused on incubating technology projects. Following the acquisition of Bixby
Technology Inc. in early 2025, the Company will focus on identifying
technology enterprises to invest in and incubate by providing incubation
services and strategic guidance to technology entrepreneurs whilst continuing
in its existing investing policy of identifying and investing in the global
natural resources sector.

 

Bixby Technology Inc. will be focused on targeting new fast-growth technology
products and projects, these may include equity, securities, meme coins and
other form of beneficial interests or digital assets.

 

For more information, please visit: https://www.tigerinvests.com
(https://www.tigerinvests.com/)

About Bittensor
Often described as the "Bitcoin of AI," Bittensor is an open-source, proof-of-stake blockchain that creates a global marketplace for machine-learning models and compute. Participants earn TAO tokens in proportion to the usefulness of the intelligence they provide, fostering a merit-based, permissionless environment for AI research and deployment.
About Tao Strategies Singapore
Tao Strategies Singapore intends to operate validator and miner nodes on the Bittensor network, providing critical infrastructure that secures the chain and facilitates the exchange of AI models. The company's mission is to accelerate the decentralisation of intelligence by lowering barriers to participation and maximising network performance.
About Tiger Royalties and Investments Plc
 Tiger Royalties and Investments Plc (AIM: TIG) is an investment vehicle focused on incubating technology projects. Following the acquisition of Bixby Technology Inc. in early 2025, the Company will focus on identifying technology enterprises to invest in and incubate by providing incubation services and strategic guidance to technology entrepreneurs whilst continuing in its existing investing policy of identifying and investing in the global natural resources sector.  Bixby Technology Inc. will be focused on targeting new fast-growth technology products and projects, these may include equity, securities, meme coins and other forms of beneficial interests or digital assets.

 

 

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