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

Tiger Royalties and InvestmentsAnnouncement

08/07/2016 11:50

RNS Number : 6930D
Tiger Resource Finance PLC
08 July 2016
Tiger Resource Finance PLC 
('Tiger' or 'the Company')
NAV Update
The unaudited portfolio value ("PV") (based on investments and cash only) at 30 June 2016 was 0.80 pence per ordinary share.
Investments held by the Company as at 30/6/16
Name
Number of shares
Share price 
Valuation
African Pioneer PLC
59,529,532
(see note 2)
112,000
Anglo American PLC
11,500
7.2690
83,594
Ascent Resources PLC
482,142
0.0068
3,279
Aurum Mining PLC
8,333,333
0.0090
75,000
Duke Royalty Limited 
20,000
0.4800
9,600
ETFS Physical Platinum
2,250
72.003
162,007
Galileo Resources plc
10,416,667
0.0105
109,375
Jersey Oil and Gas Plc
3,300
0.2062
680
Jubilee Platinum PLC
1,169,600
0.0280
32,749
MX OIL PLC
400,000
0.0088
3,520
New World Oil and Gas PLC
5,000,000
0.0006
3,000
Northern Petroleum PLC
294,118
0.0380
11,176
PanContinental Oil and Gas NL
885,714
0.0017
1,505
Papua Mining PLC
230,000
0.0200
4,600
Revelo Resources Corp.
216,667
0.0463
10,032
Rex Bionics PLC
6,250
0.3250
2,031
Rockrose Energy Plc
100,000
0.4550
45,500
Sovereign Mines of Africa Plc
2,000,000
0.0029
5,800
Sunrise Resources PLC
665,000
0.0017
1,131
Tertiary Minerals PLC
1,330,000
0.0138
18,354




Total Investments


694,933
















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 ("APP") has now been delisted from ISDX and is valued on the basis of Tiger's share of APP's net assets on 30 June 2016 for the purpose of computing the quarterly PV.
3) Cash funds held by the Company at 30 June 2016 amounted to 410,014. 
4) 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 2016. The Company will disclose its investments on a quarterly basis when disclosing its PV.
For further information please contact:

Tiger Resource Finance Plc
Bruce Rowan, Chairman  Tel: +44 (0)207 486 3997
Raju Samtani, Director  Tel: +44 (0)207 581 4477
finnCap Limited (Nominated Adviser)
Christopher Raggett/Scott Mathieson  Tel: +44 (0)207 220 0500
The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.

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