Tiger Resource Regulatory News (TIR)

Tiger Resource Finance PLC

('Tiger' or 'the Company')

NAV Update

The unaudited portfolio value ("PV") (based on investments and cash only) at 31 March 2017 was 1.20 pence per ordinary share. 

Investments held by the Company as at 31/03/17

Notes:

1) The above PV calculation is based on 138,331,939 Ordinary shares with a nominal value of 0.1 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) African Pioneer PLC ("APP") has now been delisted from ISDX Markets and this investment is valued on the basis of Tiger's share of APP's assets (cash and investments) as at 31 March 2017 for the purpose of computing the quarterly PV.

3) New World Oil and Gas Plc ("NWOG") shares are suspended from trading and this investment is carried at nil valuation at 31 March 2017.

4) Rockrose Energy Plc shares were suspended from trading on 14 September 2016 pending the company's proposed acquisition of the non-operated interests in the Wytch Farm (7.43%), Scott (5.16%) and Telford (2.36%) fields from Maersk Oil North Sea UK Ltd. This investment is carried at the prevailing share price prior to suspension from trading.

5) Cash funds held by the Company at 31 March 2017 amounted to £488,262.97.

6) 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 2017. The Company will disclose its investments on a quarterly basis when disclosing its PV.

For further information please contact:Tiger Resource Finance PlcRaju Samtani, Director Tel: +44 (0)207 581 4477

finnCap Limited (Nominated Adviser)

Christopher Raggett/Scott Mathieson Tel: +44 (0)207 220 0500

Beaufort Securities Limited (Joint Broker) Jon Belliss Tel: +44 (0)207 382 8300

The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.