NAV Update

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
 
END
 
 
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