Last checked at 6 Jul 2010 07:00
Tiger Resource Finance plc ('Tiger' or 'the Company')
NAV Update
The unaudited portfolio value (PV) (based on investments and cash only) at 30 June 2010 was 3.57p per ordinary share.
Investments held by the Company as at 30/06/10
| Name | Number of shares | Share price GBP | Valuation GBP |
| African Eagle Resources Plc | 1,241,174 | 0.0413 | 51,260 |
| Aquarius Platinum Ltd | 18,182 | 3.2830 | 59,692 |
| Ascent Resources Plc | 9,642,857 | 0.0350 | 337,500 |
| ETFS Physical Platinum | 2,250 | 101.04 | 227,340 |
| Franconia Minerals Corp | 475,733 | 0.2027 | 96,431 |
| In-Solve Plc | 625,000 | 0.0250 | 15,625 |
| Minmet Plc | 873,574 | 0.0100 | 8,736 |
| Nautical Petroleum Plc | 450,000 | 1.6550 | 744,750 |
| Northern Petroleum Plc | 294,118 | 0.9700 | 285,294 |
| Pacific North West Capital Corp | 566,500 | 0.0855 | 48,436 |
| Sovereign Mines of Africa Plc | 2,000,000 | 0.0650 | 130,000 |
| Sunrise Resources Plc | 665,000 | 0.0060 | 3,990 |
| Tertiary Minerals Plc | 1,330,000 | 0.0275 | 36,575 |
| U3O8 Holdings Plc | 4,166,666 | 0.0038 | 15,833 |
| Vatukoula Gold Mines Plc | 13,333,332 | 0.0198 | 264,000 |
| Total Investments |
|
| 2,325,462 |
Notes:
1) The Company reduced its holding in Ascent Resources Plc to 9.6M shares realising further profits from this investment in the second quarter.
2) Tiger made an investment of £100,000 in Sovereign Mines of Africa a junior resource company focused on unlocking mineral resource potential of the African continent while working in partnership with African governments. An investment of £250,000 was also made in Northern Petroleum Plc, an oil and gas exploration, development and production company focused on the European Union and nearby areas. Both investments are currently trading at a premium to Tiger's entry prices.
3) All future reporting will be made on a quarterly basis and accordingly the next announcement will disclose the PV per share and investment valuation as at 30 September 2010.
For further information please contact:
| Colin Bird, CEO | Tel: +00 27 11 253 3280 |
| Michael Nolan, Director | Tel: +00 353 1 662 4351 |