Australia's Tigers Realm Coal dips on Russia woes

Tigers Realm Coal

17/04/2023 02:04

** Shares of Tigers Realm Coal Ltd  TIG.AX  slide as much as
4% to A$0.012 
    ** Co says operations of its Russian units, which produce
coal, "likely to be prohibited by, or subject to authorisation"
under Australian sanctions as per an indicative assessment by
Australia's Department of Foreign Affairs and Trade
    ** Says TIG does not agree with this view, is considering
applying for an exemption permit
    ** As of last close, TIG down 21.9% YTD

 (Reporting by Harshita Swaminathan)
 ((Harshita.Swaminathan@thomsonreuters.com))