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Company Tiger Resource Finance PLC
TIDM TIR
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NAV Update

Released 11:20 09-Oct-2013
Number 1035Q11

RNS Number : 1035Q
Tiger Resource Finance PLC
09 October 2013
 

 

Tiger Resource Finance PLC. ('Tiger' or 'the Company')

 

NAV Update

 

The unaudited portfolio value (PV) (based on investments and cash only) at 30 September 2013 was 2.44 pence per ordinary share. 

 

Investments held by the Company as at 30/09/13

 

Name

Number of shares

Share price

Valuation

£

£

African Eagle Resources PLC

1,241,174

0.00350

4,344

African Pioneer PLC

57,000,002

(see note 2)

210,000

Anglo American PLC

11,500

15.1800

174,570

Ascent Resources PLC

9,642,857

0.01125

108,482

Astar Minerals PLC

4,000,000

0.00155

6,200

Aurum Mining PLC

8,333,333

0.02625

218,750

BP PLC

58,000

4.33100

251,198

ETFS Physical Platinum

2,250

84.80107

190,802

Jubilee Platinum PLC

1,169,600

0.05125

59,942

New World Oil and Gas PLC

5,000,000

0.01000

50,000

Northern Petroleum PLC

294,118

0.35375

104,044

PanContinental Oil and Gas NL

885,714

0.03986

35,305

Papua Mining PLC

230,000

0.55500

127,650

Petroceltic International PLC

66,640

1.49375

99,544

Polar Star Mining Corp

833,333

0.09628

80,233

Praetorian Resources PLC

400,000

0.16000

64,000

Sovereign Energy PLC

40,000,000

(see note 2)

40,000

Sovereign Mines of Africa PLC

2,000,000

0.03250

65,000

Sunrise Resources PLC

665,000

0.00700

4,655

Taipan Resources Inc

310,000

0.16849

52,232

Trap Oil PLC

330,000

0.10375

34,238

Tertiary Minerals PLC

1,330,000

0.05375

71,488

U3O8 Holdings PLC

4,166,666

0.00200

8,333

Union MedTech PLC

625,000

0.01450

9,063

Vatukoula Gold Mines PLC

150,000

0.07825

11,738

Wentworth Resources Ltd

220,000

0.45774

100,703

Xtract Resources PLC

344,827,584

0.00250

862,069





Total Investments



3,044,583





 

 

 

 

 

 

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 September 2013 quarterly PV.

 

3)   Cash funds held by the Company at 30 September 2013 amounted to £331,774.86

 

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 31 December 2013. 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
 
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NAV Update - RNS