Mr. David Lurie reports

RED TIGER REPORTS QUARTER ENDED SEPTEMBER 30, 2015 RESULTS

Red Tiger Mining Inc. is releasing its financial and operating results for the three and nine months ended Sept. 30, 2015. This news release should be read in conjunction with the company's unaudited financial statements for the three and nine months ended Sept. 30, 2015, and management's discussion and analysis (MD&A) for the corresponding period, available on the company's website and on SEDAR. All amounts are expressed in U.S. dollars unless stated otherwise.

Third quarter highlights:

• Comex grade 1 copper cathodes production of 299 tonnes for the three months ended Sept. 30, 2015;
• Copper sales of $1,419,869 for the three months ended Sept. 30, 2015, at an average realized price of $2.15 per copper pound;
• Total cash costs per copper pound of $1.35 and average realized margin of 80 cents per copper pound for the three months ended Sept. 30, 2015;
• Net loss of $3,170,735 or three cents per share for the three months ended Sept. 30, 2015;
• Adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) of negative $1,305,725 or adjusted EBITDA per share of negative one cent for the three months ended Sept. 30, 2015;
• Cash of $407,443 as at Sept. 30, 2015.

Year-to-date highlights:

• Comex grade 1 copper cathodes production of 1,279 tonnes for the nine months ended Sept. 30, 2015;
• Copper sales of $7,274,437 for the nine months ended Sept. 30, 2015, at an average realized price of $2.58 per pound;
• Total cash costs per copper pound of $1.46 and average realized margin of $1.12 per pound for the nine months ended Sept. 30, 2015;
• Net loss of $8,068,976 or seven cents per share for the nine months ended Sept. 30, 2015;
• Adjusted EBITDA of negative $1,898,996 or adjusted EBITDA per share of negative two cents for the nine months ended Sept. 30, 2015.

                       Third       Second        First        Fourth       Third       Second        First	      Fourth
                     quarter      quarter      quarter       quarter     quarter      quarter      quarter      quarter
                     of 2015      of 2015      of 2015       of 2014     of 2014      of 2014      of 2014      of 2013
Operating results
Mining           
Ore mined (tonnes)         -            -            -       160,116     248,408      283,480      331,465      293,355
Waste rock mined 
and removed 
(tonnes)                   -            -            -       707,319   1,273,452    1,343,687    1,297,719      997,378
Total mined 
(tonnes)                   -            -            -       867,435   1,521,860    1,627,167    1,629,184    1,290,733
Waste-to-ore ratio         -            -            -           4.4         5.1          4.7          3.9          3.4
Average grade of 
mined ore (total 
copper)                    -            -            -          1.25%       1.15%        1.16%        0.91%        0.84%
Ore crushed and 
stacked (tonnes)           -            -        2,425       148,241     250,133      279,910      319,457      292,329
Average grade of 
stacked ore 
(total copper)             -            -         1.38%         1.25%       1.15%        1.29%        1.03%        0.97%
Ore stockpiled at 
end of period 
(tonnes)              29,175       29,175       29,175        31,600      30,960       31,507       27,937       15,929
Average grade of 
ore stockpiled 
(total copper)          1.02%        1.02%        1.02%         1.02%       1.01%        1.06%        0.95%        0.84%
Copper cathodes   
produced (tonnes)        299          360          620         1,029       1,274        1,812        1,619        1,784
Financial
results (in 
dollars, except 
margin)
Copper sales     $ 1,419,869  $ 2,247,410  $ 3,607,158  $  6,357,452  $8,671,348  $12,466,706  $10,955,699  $12,884,804
Production costs     892,526    1,422,372    1,378,301     1,431,511   4,556,892    6,155,323    4,058,486    6,861,256
Net (loss) 
earnings          (3,170,735)  (1,965,638)  (2,932,603)  (16,959,843) (1,264,647)     144,871      (59,460)  (5,121,019)
Total cash 
costs per 
copper pound            1.35         1.61         1.38          1.60        1.73         1.65         1.33         1.65
Average 
realized price          2.15         2.83         2.64          2.80        3.09         3.12         3.07         3.12
Average realized    
margin                  0.80         1.22         1.26          1.20        1.36         1.47         1.74         1.47

We seek Safe Harbor.