Last checked at 10 Jul 2014 08:57
Tiger Resource Finance PLC. ('Tiger' or 'the Company')
NAV Update
The unaudited portfolio value (PV) (based on investments and cash only) at 30 June 2014 was 1.91 pence per ordinary share.
Investments held by the Company as at 30/06/14
Name | Number of shares | Share price | Valuation |
£ | £ | ||
African Eagle Resources PLC | 1,241,174 | 0.00340 | 4,220 |
African Pioneer PLC | 57,000,002 | (see note 2) | 210,000 |
Anglo American PLC | 11,500 | 14.30000 | 164,450 |
Ascent Resources PLC | 9,642,857 | 0.00750 | 72,321 |
Astar Minerals PLC | 400,000 | 0.01650 | 6,600 |
Aurum Mining PLC | 8,333,333 | 0.01625 | 135,417 |
ETFS Physical Platinum | 2,250 | 84.09091 | 189,205 |
Jubilee Platinum PLC | 1,169,600 | 0.01525 | 17,836 |
New World Oil and Gas PLC | 5,000,000 | 0.00650 | 32,500 |
Northern Petroleum PLC | 294,118 | 0.25625 | 75,368 |
PanContinental Oil and Gas NL | 885,714 | 0.01275 | 11,293 |
Papua Mining PLC | 230,000 | 0.22500 | 51,750 |
Petroceltic International PLC | 66,640 | 1.59000 | 105,958 |
Polar Star Mining Corp | 833,333 | 0.03580 | 29,833 |
Praetorian Resources PLC | 400,000 | 0.12000 | 48,000 |
Sovereign Energy PLC | 40,000,000 | (see note 3) | - |
Sovereign Mines of Africa PLC | 2,000,000 | 0.00975 | 19,500 |
Sunrise Resources PLC | 665,000 | 0.00475 | 3,159 |
Trap Oil PLC | 330,000 | 0.08875 | 29,288 |
Tertiary Minerals PLC | 1,330,000 | 0.05500 | 73,150 |
U3O8 Holdings PLC | 4,166,666 | (see note 5) | - |
Rex Bionics PLC | 6,250 | (see note 6) | 11,219 |
Vatukoula Gold Mines PLC | 150,000 | 0.02300 | 3,450 |
Wentworth Resources Ltd | 220,000 | 0.46725 | 102,795 |
Xtract Resources PLC | 344,827,584 | 0.00235 | 810,345 |
Total Investments | 2,207,657 | ||
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 investment of £210,000 in African Pioneer PLC (quoted on ISDX) relates to a company incubated by Tiger and is carried at cost for the purpose of computing the 30 June 2014 quarterly PV.
3) The investment of £40,000 in Sovereign Energy PLC has been written off at 31 December 2013.
4) Cash funds held by the Company at 30 June 2014 amounted to £428,911.22
5) The investments in U308 Holdings Plc have been marked down to nil whilst the company is suspended from trading on ISDX.
6) Following the reverse takeover of Rex Bionics Limited (New Zealand) by Union Medtech Plc, Union Medtech has changed its name to Rex Bionics PLC.
7) 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 2014. 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 |