REG - Tiger Resource Fin. - NAV Update <Origin Href="QuoteRef">TIRU.L</Origin>

Tiger Royalties and InvestmentsAnnouncement

16/07/2015 15:00

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: +00 44 207 486 3997
Raju Samtani, Director
Tel: +00 44 777 594 6676

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