12 Jan 2012 16:20
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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 December 2011 was 3.59 pence per ordinary share.Â
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Investments held by the Company as at 31/12/11
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Name | Number of shares | Share price GBP | Valuation GBP |
African Eagle Resources Plc | 1,241,174 | 0.054 | 67,023 |
Aurum Mining Plc | 8,333,333 | 0.031 | 258,333 |
Ascent Resources Plc | 9,642,857 | 0.030 | Â 289,286 |
Dominion Petroleum Ltd | 2,400,000 | 0.068 | 163,200 |
ETFS Physical Platinum | 2,250 | 89.79 | 202,027 |
In-Solve Plc | 625,000 | 0.0350 | 21,875 |
Nautical Petroleum Plc | 136,502 | 2.567 | 350,401 |
New World Oil and Gas Plc | 5,000,000 | 0.085 | 425,000 |
Northern Petroleum Plc | 294,118 | 0.712 | 209,412 |
Sovereign Mines of Africa Plc | 2,000,000 | 0.066 | 132,000 |
Sunrise Resources Plc | 665,000 | 0.009 | 5,985 |
Tertiary Minerals Plc | 1,330,000 | 0.069 | 91,770 |
U3O8 Holdings Plc | 4,166,666 | 0.009 | 37,500 |
Vatukoula Gold Mines Plc | 150,000 | 0.702 | 105,300 |
Total Investments | 2,359,112 |
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Notes:
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1) The above PV calculation is based on 122,571,939 Ordinary shares with a nominal value of 1 pence each ("Ordinary shares") being the Company's issued share capital of 127,071,939 Ordinary shares less 4,500,000 million Ordinary shares held in treasury.
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2) 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 2012. 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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