NAV Update

RNS Number : 7816S

Tiger Resource Finance PLC

10 July 2015

 

Tiger Resource Finance PLC. ('Tiger' or 'the Company')

NAV Update

The unaudited portfolio value (PV) (based on investments and cash only) at 30 June 2015 was 1.23 pence per ordinary share. 

Investments held by the Company as at 30/06/15

Name	Number of shares	Share price	Valuation
		£	£
African Pioneer PLC	59,529,532	(see note 2)	235,291
Anglo American PLC	11,500	9.18500	105,627
Ascent Resources PLC	9,642,857	0.00210	20,250
Aurum Mining PLC	8,333,333	0.01300	108,333
Duke Royalty Limited	20,000	0.51500	10,300
ETFS Physical Platinum	2,250	65.8911	148,255
Jubilee Platinum PLC	1,169,600	0.02200	25,731
MX OIL PLC	400,000	0.04320	17,280
New World Oil and Gas PLC	5,000,000	0.00260	13,000
Northern Petroleum PLC	294,118	0.07880	23,176
PanContinental Oil and Gas NL	885,714	0.00564	4,995
Papua Mining PLC	230,000	0.04250	9,775
Revelo Resources Corp.	216,667	0.10473	22,691
Rex Bionics PLC	6,250	0.57500	3,594
Sovereign Mines of Africa Plc	2,000,000	0.00220	4,400
Sunrise Resources PLC	665,000	0.00200	1,330
Trap Oil PLC	330,000	0.00320	1,056
Tertiary Minerals PLC	1,330,000	0.02875	38,238
Xtract Resources PLC	50,000,000	0.00275	137,500
Total Investments			930,822

 

Notes:

1)   The above PV calculation is based on 138,331,939 Ordinary shares with a nominal value of 1 pence each ("Ordinary shares") being the Company's issued share capital of 142,831,939 Ordinary shares less 4,500,000 Ordinary shares held in treasury.

2)   African Pioneer PLC (quoted on ISDX) is a company incubated by Tiger and this investment is carried at cost for the purpose of computing the 30 June 2015 quarterly PV.

3)   Praetorean Resources Plc shares have been consolidated on the basis of 1 New Ordinary share for every 20 existing shares and the company has been re-named Duke Royalty Limited.

4)   Cash funds held by the Company at 30 June 2015 amounted to £773,549.

5)   All future reporting will be made on a quarterly basis and accordingly the next announcement will disclose the PV per share and investments as at 30 September 2015. The Company will disclose its investments on a quarterly basis when disclosing its PV.

For further information please contact:

Bruce Rowan, Chairman	Tel: [phone]
Raju Samtani, Director	Tel: [phone]

 

END

 

 

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