12 Jan 2012 16:20
Tiger Resource Finance plc ('Tiger' or 'the Company')
NAV Update
The unaudited portfolio value (PV) (based on investments and cash only) at 31 December 2011 was 3.59 pence per ordinary share.
Investments held by the Company as at 31/12/11
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 | 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 |
Notes:
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.
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.
For further information please contact:
Bruce Rowan, Chairman | Tel: +00 44 207 486 3997 |
Raju Samtani, Director | Tel: +00 44 777 594 6676 |
Tiger Resource (TIR)