Last checked at 13 Apr 2015 14:00

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Tiger Resource Finance PLC. ('Tiger' or 'the Company')
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NAV Update
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The unaudited portfolio value (PV) (based on investments and cash only) at 31 March 2015 was 1.15 pence per ordinary share.Â
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Investments held by the Company as at 31/03/15
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Name | Number of shares | Share price | Valuation |
£ | £ | ||
African Pioneer PLC | 57,000,002 | (see note 2) | 210,000 |
Anglo American PLC | 11,500 | 10.1200 | 116,380 |
Ascent Resources PLC | 9,642,857 | 0.00125 | 12,054 |
Aurum Mining PLC | 8,333,333 | 0.00950 | 79,167 |
ETFS Physical Platinum | 2,250 | 73.9517 | 166,391 |
Jubilee Platinum PLC | 1,169,600 | 0.01325 | 15,497 |
MX OIL PLC | 400,000 | 0.02330 | 9,320 |
New World Oil and Gas PLC | 5,000,000 | 0.00105 | 5,250 |
Northern Petroleum PLC | 294,118 | 0.04250 | 12,500 |
PanContinental Oil and Gas NL | 885,714 | 0.00172 | 1,523 |
Papua Mining PLC | 230,000 | 0.08125 | 18,688 |
Praetorian Resources PLC | 400,000 | 0.03500 | 14,000 |
Revelo Resources Corp. | 216,667 | 0.04799 | 10,398 |
Rex Bionics PLC | 6,250 | 0.67500 | 4,219 |
Sovereign Mines of Africa Plc | 2,000,000 | 0.00385 | 7,700 |
Sunrise Resources PLC | 665,000 | 0.00275 | 1,829 |
Trap Oil PLC | 330,000 | 0.00800 | 2,640 |
Tertiary Minerals PLC | 1,330,000 | 0.02875 | 38,238 |
Xtract Resources PLC | 150,000,000 | 0.00175 | 262,500 |
Total Investments | 988,294 | ||
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Notes:
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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.
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2) African Pioneer PLC (quoted on ISDX) is a company incubated by Tiger and this investment is carried at cost for the purpose of computing the 31 March 2015 quarterly PV.
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3) Polar Star Mining Corp. was acquired in December 2014 and is now a wholly-owned subsidiary of Iron Creek Capital Corp (re-named Revelo Resources Corp. post acquisition). Polar Star shareholders received 0.26 common shares of Iron Creek for each Polar Star Share.
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4) Cash funds held by the Company at 31 March 2015 amounted to £607,194.
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5) 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 June 2015. The Company will disclose its investments on a quarterly basis when disclosing its PV.
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For further information please contact:
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Bruce Rowan, Chairman | Tel: +00 44 207 486 3997 |
Raju Samtani, Director | Tel: +00 44 777 594 6676 |
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