REG - Tiger Resource Fin. - Net Asset Value(s) <Origin Href="QuoteRef">TIRU.L</Origin>

Tiger Royalties and InvestmentsAnnouncement

10/01/2018 10:00

RNS Number : 4779B
Tiger Resource Finance PLC
10 January 2018
For immediate release
10 January 2018
Tiger Resource Finance PLC 
('Tiger' or 'the Company')
NAV Update
The unaudited portfolio value ("PV") (based on investments and cash only) at 31 December 2017 was 0.65 pence per ordinary share.
Investments held by the Company as at 31/12/17
Name
Number of shares
Share price 
Valuation
African Pioneer PLC
59,529,532
(see note 2)
126,997
Anglo American PLC
11,500
15.495
178,193
Ascent Resources PLC
482,142
0.0140
6,750
Berkeley Mineral Resources Plc
2,500,000
0.0163
40,750
Cabot Energy Plc
294,118
0.0513
15,088
Duke Royalty Limited 
20,000
0.3900
7,800
ETFS Physical Platinum
2,250
65.230
146,767
ETFS Copper
1,760
22.939
40,372
Galileo Resources plc
6,516,667
0.0133
86,672
Goldquest Mining Corp.
173,500
0.2139
37,112
Jersey Oil and Gas Plc
3,300
1.9150
6,319
Jubilee Metals Group PLC
1,169,600
0.0380
44,445
MX OIL PLC
400,000
0.0053
2,120
PanContinental Oil and Gas NL
611,813
0.0026
1,591
Pantheon Resources
31,500
0.6750
21,262
Papua Mining PLC
230,000
0.0118
2,714
Revelo Resources Corp.
216,667
0.0133
2,882
Rex Bionics PLC
6,250
-
-
Rockrose Energy Plc
95,000
1.2700
120,650
Sovereign Mines of Africa Plc
2,000,000
0.0027
5,400
Sunrise Resources PLC
665,000
0.0018
1,197
Tertiary Minerals PLC
1,330,000
0.0205
27,265








Total Investments


922,346




Notes: 
1) The above PV calculation is based on 184,347,070 Ordinary shares with a nominal value of 0.1 pence each ("Ordinary shares") being the Company's issued share capital of 188,847,070 Ordinary shares less 4,500,000 Ordinary shares held in treasury.
2) African Pioneer PLC ("APP") is a private investment company and this investment is valued on the basis of Tiger's share of APP's assets (cash plus investments) at the quarter end date for the purpose of computing the quarterly PV.
3) Jubilee Platinum Plc changed its name to Jubilee Metals Group Plc
4) Rex Bionics Plc was suspended from trading on AIM on 30 May 2017 and subsequently cancelled on 3 July 2017 and hence has been carried at nil valuation.
5) Cash funds held by the Company at 31 December 2017 amounted to 267,606.56 
6) All reporting is made on a quarterly basis and accordingly the next announcement will disclose the PV per share and investments as at 31 March 2018. The Company will disclose its investments on a quarterly basis when disclosing its PV.
The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.
For further information please contact:

Tiger Resource Finance Plc
Raju Samtani, Director  Tel: +44 (0)207 581 4477
Beaumont Cornish (Nominated Adviser)  Tel: +44 (0) 207 628 3396
Roland Cornish/ Felicity Geidt


  
Beaufort Securities Limited (Joint Broker) 
Jon Belliss Tel: +44 (0)207 382 8300
 

This information is provided by RNS
The company news service from the London Stock Exchange
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