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

The unaudited portfolio value ('PV') (based on investments and cash only) at 30th June 2016 was 0.80 pence per ordinary share.

 

Investments held by the Company as at 30th June 2016

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.



 

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