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

Tiger Royalties and InvestmentsAnnouncement

10/10/2017 13:36

RNS Number : 2189T
Tiger Resource Finance PLC
10 October 2017
For Immediate Release
10 October 2017
Tiger Resource Finance PLC 
('Tiger' or 'the Company')
NAV Update
The unaudited portfolio value ("PV") (based on investments and cash only) at 30 September 2017 was 0.83 pence per ordinary share.
Investments held by the Company as at 30/09/17
Name
Number of shares
Share price 
Valuation
African Pioneer PLC
59,529,532
(see note 2)
144,743
Anglo American PLC
11,500
13.395
154,042
Ascent Resources PLC
482,142
0.0295
14,223
Cabot Energy Plc
294,118
0.0437
12,853
Duke Royalty Limited 
20,000
0.3625
7,250
ETFS Physical Platinum
2,250
65.041
146,342
ETFS Copper
1,760
21.009
36,975
Galileo Resources plc
6,516,667
0.0205
133,592
Jersey Oil and Gas Plc
3,300
0.6550
2,161
Jubilee Platinum PLC
1,169,600
0.0430
50,293
MX OIL PLC
400,000
0.0060
2,400
PanContinental Oil and Gas NL
885,714
0.0029
2,569
Pantheon Resources
31,500
0.5075
15,986
Papua Mining PLC
230,000
0.0137
3,151
Revelo Resources Corp.
216,667
0.0239
5,178
Rex Bionics PLC
6,250
-
-
Rockrose Energy Plc
95,000
1.1750
111,625
Sovereign Mines of Africa Plc
2,000,000
0.0027
5,400
Sunrise Resources PLC
665,000
0.0019
1,263
Tertiary Minerals PLC
1,330,000
0.0052
6,916








Total Investments


856,962




Notes: 
1) The above PV calculation is based on 138,331,939 ordinary shares with a nominal value of 0.1 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") 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) Rex Bionics Plc was suspended from trading on AIM on 30 May 2017 and hence has been carried at nil valuation.
4) Cash funds held by the Company at 30 September 2017 amounted to 297,534.66 
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 31 December 2017. 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 BellissTel: +44 (0)207 382 8300

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