Tiger Resource Finance PLC Net Asset Value(s) (2189T)
October 10 2017 - 8:32AM
UK Regulatory
TIDMTIR
RNS Number : 2189T
Tiger Resource Finance PLC
10 October 2017
For Immediate Release
10 October 2017
Tiger Resource Finance PLC
('Tiger' or 'the Company')
NAV Update
The unaudited portfolio value ("PV") (based on investments and
cash only) at 30 September 2017 was 0.83 pence per ordinary
share.
Investments held by the Company as at 30/09/17
Name Number of Share price Valuation
shares
GBP GBP
African Pioneer (see note
PLC 59,529,532 2) 144,743
Anglo American
PLC 11,500 13.395 154,042
Ascent Resources
PLC 482,142 0.0295 14,223
Cabot Energy Plc 294,118 0.0437 12,853
Duke Royalty Limited 20,000 0.3625 7,250
ETFS Physical Platinum 2,250 65.041 146,342
ETFS Copper 1,760 21.009 36,975
Galileo Resources
plc 6,516,667 0.0205 133,592
Jersey Oil and
Gas Plc 3,300 0.6550 2,161
Jubilee Platinum
PLC 1,169,600 0.0430 50,293
MX OIL PLC 400,000 0.0060 2,400
PanContinental
Oil and Gas NL 885,714 0.0029 2,569
Pantheon Resources 31,500 0.5075 15,986
Papua Mining PLC 230,000 0.0137 3,151
Revelo Resources
Corp. 216,667 0.0239 5,178
Rex Bionics PLC 6,250 - -
Rockrose Energy
Plc 95,000 1.1750 111,625
Sovereign Mines
of Africa Plc 2,000,000 0.0027 5,400
Sunrise Resources
PLC 665,000 0.0019 1,263
Tertiary Minerals
PLC 1,330,000 0.0052 6,916
Total Investments 856,962
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") is a private investment company
and this investment is valued on the basis of Tiger's share of
APP's assets (cash plus investments) at the quarter end date for
the purpose of computing the quarterly PV.
3) Rex Bionics Plc was suspended from trading on AIM on 30 May
2017 and hence has been carried at nil valuation.
4) Cash funds held by the Company at 30 September 2017 amounted to GBP297,534.66
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 31 December 2017. The Company will disclose
its investments on a quarterly basis when disclosing its PV.
The information communicated in this announcement is inside
information for the purposes of Article 7 of Regulation
596/2014.
For further information please contact:
Tiger Resource Finance Plc
Raju Samtani, Director Tel: +44 (0)207 581 4477
Beaumont Cornish (Nominated Adviser) Tel: +44 (0) 207 628 3396
Roland Cornish/ Felicity Geidt
Beaufort Securities Limited (Joint Broker)
Jon Belliss Tel: +44 (0)207 382 8300
This information is provided by RNS
The company news service from the London Stock Exchange
END
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