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NAV Update - Net Asset Value(s)

Tiger Resource Finance plc ('Tiger' or 'the Company')
NAV Update

The unaudited portfolio value (PV) (based on investments and cash only) at 30 June 2013 was 2.37 pence per ordinary share.

Investments held by the Company as at 30/06/2013

Name Number of shares Share price GBP Valuation GBP
African Eagle Resources Plc 1,241,174 0.00125 1,551
African Pioneer Plc 57,000,002 (see note 2) 210,000
Anglo American Plc 11,500 12.66000 145,590
Ascent Resources Plc 9,642,857 0.00825 79,554
Astar Minerals Plc 4,000,000 0.00125 5,000
Aurum Mining Plc 8,333,333 0.02500 208,333
BP Plc 58,500 4.55250 264,045
ETFS Physical Platinum 2,250 84.63309 190,424
Jubilee Platinum Plc 1,169,600 0.05875 68,714
New World Oil and Gas Plc 5,000,000 0.00675 33,750
Northern Petroleum Plc 294,118 0.30500 89,706
PanContinental Oil and Gas NL 885,714 0.03007 26,633
Papua Mining Plc 230,000 0.75000 172,500
Petroceltic International Plc 1,666,000 1.37000 91,297
Praetorian Resources plc 400,000 0.21500 86,000
Sovereign Energy Plc 40,000,000 (see note 2) 40,000
Sovereign Mines of Africa Plc 2,000,000 0.02125 42,500
Sunrise Resources Plc 665,000 0.00525 3,491
Taipan Resources Inc 310,000 0.14695 45,555
Trap Oil Plc 330,000 0.10875 35,888
Tertiary Minerals Plc 1,330,000 0.04875 64,838
U3O8 Holdings Plc 4,166,666 (see note 3) -
Union MedTech Plc 625,000 0.01450 9,063
Vatukoula Gold Mines Plc 150,000 0.06245 9,368
Wentworth Resources Ltd 220,000 0.56917 125,217
Xtract Energy plc 344,827,584 0.00235 810,344
Total Investments

2,859,360

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. The investments of £210,000 and £40,000 respectively in African Pioneer Plc (quoted on ISDX) and Sovereign Energy Plc relate to companies incubated by Tiger and are carried at cost for the purpose of computing the 30 June 2013 quarterly PV.
     
  3. The investment in U3O8 Holdings Plc has been marked down to nil whilst the company is suspended from trading on ISDX.
     
  4. Cash funds held by the Company at 30 June 2013 amounted to £421,307.32.
     
  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 2013. The Company will disclose its investments on a quarterly basis when disclosing its PV.
     

For further information please contact:

Bruce Rowan, Chairman Tel: +0044 (0) 207 486 3997
Raju Samtani, Director   Tel: +0044 (0) 777 594 6676



 

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