7 Jan 2011 12:44
Â
Â
Â
Â
Tiger Resource Finance plc ('Tiger' or 'the Company')
Â
NAV Update
Â
The unaudited portfolio value (PV) (based on investments and cash only) at 31 December 2010 was 4.68p per ordinary share.Â
Â
Investments held by the Company as at 31/12/10
Â
Name | Number of shares | Share price GBP | Valuation GBP |
African Eagle Resources Plc | 1,241,174 | 0.1200 | 148,941 |
Aquarius Platinum Ltd | 18,182 | 3.5200 | 64,001 |
Ascent Resources Plc | 9,642,857 | 0.0913 | 880,393 |
ETFS Physical Platinum | 2,250 | 111.12 | 250,020 |
Franconia Minerals Corp | 475,733 | 0.5496 | 261,463 |
In-Solve Plc | 625,000 | 0.0550 | 34,375 |
Minmet Plc | 873,574 | 0.0100 | 8,736 |
Nautical Petroleum Plc | 150,000 | 3.9600 | 594,000 |
Northern Petroleum Plc | 294,118 | 1.0900 | 320,589 |
Pacific North West Capital Corp | 566,500 | 0.0808 | 45,773 |
Sovereign Mines of Africa Plc | 2,000,000 | 0.1075 | 215,000 |
Sunrise Resources Plc | 665,000 | 0.0598 | 39,767 |
Tertiary Minerals Plc | 1,330,000 | 0.0725 | 96,425 |
U3O8 Holdings Plc | 4,166,666 | 0.0100 | 41,667 |
Vatukoula Gold Mines Plc | 266,667 | 2.0100 | 536,001 |
Total Investments | 3,537,151 |
Â
Notes:
Â
1) Vatukoula Gold Mines Plc ("Vatukoula") consolidated its ordinary shares with 1 new share issued for 50 previously held ordinary shares resulting in Tiger holding 266,667 Vatukoula shares at 31 December 2010.
Â
2) The investments held by the Company performed well with investments (excluding cash) reflecting an increase of 44% in the quarter ended 31 December 2010.
Â
3) 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 March 2011. The Company will disclose its investments on a quarterly basis when disclosing its PV.
Â
Â
For further information please contact:
Â
Bruce Rowan, Chairman | Tel: +00 44 207 486 3997 |
Raju Samtani, Director | Tel: +00 44 207 581 4477 |
Â
Follow the stocks