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NAV Update

7 Jan 2011 12:44

RNS Number : 1124Z
Tiger Resource Finance PLC
07 January 2011
 

 

 

 

 

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

 

NAV Update

 

The unaudited portfolio value (PV) (based on investments and cash only) at 31 December 2010 was 4.68p per ordinary share. 

 

Investments held by the Company as at 31/12/10

 

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

 

Notes:

 

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.

 

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.

 

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.

 

 

For further information please contact:

 

Bruce Rowan, Chairman

Tel: +00 44 207 486 3997

Raju Samtani, Director

Tel: +00 44 207 581 4477

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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