REG - Tiger Resource Fin. - Net Asset Values <Origin Href="QuoteRef">TIRU.L</Origin>

Tiger Royalties and InvestmentsAnnouncement

13/10/2015 07:01

RNS Number : 0231C
Tiger Resource Finance PLC
13 October 2015
Tiger Resource Finance PLC 
('Tiger' or 'the Company')
NAV Update
The unaudited portfolio value ("PV") (based on investments and cash only) at 30 September 2015 was 1.09 pence per ordinary share.
Investments held by the Company as at 30/09/15
Name
Number of shares
Share price 
Valuation
African Pioneer PLC
59,529,532
(see note 2)
235,291
Anglo American PLC
11,500
5.50900
63,353
Ascent Resources PLC
9,642,857
0.00120
11,571
Aurum Mining PLC
8,333,333
0.00880
73,333
Duke Royalty Limited 
20,000
0.62500
12,500
ETFS Physical Platinum
2,250
51.6600
116,235
Galileo Resources plc
10,416,667
0.01730
180,208
Jersey Oil and Gas Plc
3,300
0.17250
569
Jubilee Platinum PLC
1,169,600
0.03250
38,012
MX OIL PLC
400,000
0.02450
9,800
New World Oil and Gas PLC
5,000,000
0.00053
2,650
Northern Petroleum PLC
294,118
0.03880
11,411
PanContinental Oil and Gas NL
885,714
0.00184
1,630
Papua Mining PLC
230,000
0.02750
6,325
Revelo Resources Corp.
216,667
0.03933
8,522
Rex Bionics PLC
6,250
0.50000
3,125
Sovereign Mines of Africa Plc
2,000,000
0.00260
5,200
Sunrise Resources PLC
665,000
0.00275
1,829
Tertiary Minerals PLC
1,330,000
0.03120
41,496
Xtract Resources PLC
50,000,000
0.00250
125,000




Total Investments


948,060
















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 September 2015 quarterly PV.
3) Trap Oil Plc shares have been consolidated on the basis of 1 New Ordinary share for every 100 existing shares and the company has been re-named Jersey Oil and Gas Plc 
4) Cash funds held by the Company at 30 September 2015 amounted to 556,670.
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 2015. 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

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