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29 Aug 2011

Clayton Utz acts on Tigers Realm Coal IPO and listing

Melbourne, 29 August 2011: Clayton Utz has advised coal explorer Tigers Realm Coal as issuer in connection with its A$37.5 million Initial Public Offering and listing on the Australian Stock Exchange today.

Tigers Realm Coal, which is part of the Tigers Realm Minerals Australian based resources group, is focused on developing two coking coal  projects, the Amaam coking coal project in Far Eastern Russia and the Landazuri coking coal project in Colombia, South America. It listed today with a market capitalisation of approximately A$182 million.

The Company's vision is to become a significant participant in the seaborne coking coal market by advancing its projects through resource delineation and scoping studies.

Clayton Utz Melbourne partner Charles Rosedale led the firm's team, with support from partner Brendan Groves and lawyers Warrick Louey and Sarah Pfeiler and Graduate-at-Law Peter Hamblin.

Commenting on today's listing Charles said: "We are delighted to have assisted Tigers Realm Coal with its listing on the Australian Stock Exchange in these challenging market conditions. This continues the firm's recent IPO success having recently advised Collins Foods on its successful Initial Public Offering and listing on the Australian Securities Exchange on 5 August."

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Clayton Utz communications are intended to provide commentary and general information. They should not be relied upon as legal advice. Formal legal advice should be sought in particular transactions or on matters of interest arising from this communication. Persons listed may not be admitted in all States and Territories.