Quarter-end portfolio value update

Tiger Royalties and Investments PLC

11 April 2024

 

For immediate release                                                                                        11 April 2024

Tiger Royalties and Investments Plc

('Tiger' or 'the Company')

Quarter-end Portfolio Value Update

The unaudited portfolio value ("PV") (based on investments and cash only) at 31 March 2024 was 0.07 pence (31 December 2023 - 0.08 pence), both per ordinary share. 

Cash and investments held by the Company as at 31/03/24

Name		Number of shares	Share price	Valuation
			£	£
African Pioneer Plc		8,810,056	0.01850	162,986
Bezant Resources Plc		83,870,371	0.00020	16,774
Caerus Mineral Resources Plc (2)		500,000	0.01130	5,650
Galileo Resources Plc		6,516,667	0.01050	68,425
Goldquest Mining Corp.		173,500	0.08920	15,476
Jubilee Metals Group Plc		869,600	0.05600	48,698
Kendrick Resources Plc		83,333	0.00480	400
Total Investments				318,409
Cash				51,980
Total cash and Investments				370,389

Notes:

1)   The above PV calculation is based on 535,128,554 Ordinary shares with a nominal value of 0.1 pence each being the Company's issued share capital of 539,628,554 Ordinary Shares less 4,500,000 Ordinary Shares held in treasury.

2)   On 1 November 2022, the 13,618 shares in Corallian Energy Limited ("CEL") held by Tiger were sold as part of a sale of CEL to Shell UK Limited ("SUKL") for a potential total consideration of £3.20 for each CEL share. The final contingent payment being £1.10 per CEL share, computing to a total amount £14,979.80 was received by Tiger on 22 January 2024.

3)   All reporting is made on a quarterly basis and accordingly the next announcement will disclose the PV per share and investments at 30 June 2024. The Company will disclose its investments on a quarterly basis when disclosing its PV.

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.

For further information please contact:

Tiger Royalties and Investments Plc	Raju Samtani, Director	[phone]
Beaumont Cornish (Nomad)	Roland Cornish Felicity Geidt	[phone]
	Email:[e-mail]

Novum Securities Plc              Jon Belliss                                      [phone]

(Broker)

 

END