Company: Tiger Resource Finance PLC
TIDM: TIR
Headline: Net Asset Value(s)
Released: 09:20 07-Jul-2011
RNS Number: 9555J09



Tiger Resource Finance plc ('Tiger' or 'the Company')

NAV Update

The unaudited portfolio value (PV) (based on investments and cash only) at 30 June 2011 was 4p per ordinary share.

Investments held by the Company as at 30/06/11

Name

Number of shares

Share price

GBP

Valuation

GBP

African Eagle Resources Plc

1,241,174

0.1000

124,117

Aurum Mining Plc

8,333,333

0.0350

291,667

Ascent Resources Plc

9,642,857

0.0330

318,214

Dominion Petroleum Ltd

2,400,000

0.0363

87,120

ETFS Physical Platinum

2,250

105.35

237,037

In-Solve Plc

625,000

0.0500

31,250

Nautical Petroleum Plc

136,502

3.1300

427,251

New World Oil and Gas Plc

5,000,000

0.0625

312,500

Northern Petroleum Plc

294,118

0.7900

232,353

Sovereign Mines of Africa Plc

2,000,000

0.1050

210,000

Sunrise Resources Plc

665,000

0.0282

18,753

Tertiary Minerals Plc

1,330,000

0.0775

103,075

U3O8 Holdings Plc

4,166,666

0.0093

38,750

Vatukoula Gold Mines Plc

150,000

0.9425

141,375

Total Investments



2,573,462

Notes:

  1. Investments in Acquarius Platinum Ltd, Duluth Metals Ltd and Pacific North West Corporation were realised in the quarter.  Part-disposals were also made in Nautical Petroleum Plc and Vatukoula Gold Mines Plc.
  2. Tiger made investments of £250,000 each in Aurum Mining Plc and New World Oil and Gas Plc.
  3. 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 September 2011. The Company will disclose its investments on a quarterly basis when disclosing its PV.

For further information please contact:

Tiger Resource Finance plc

Bruce Rowan, Chairman Tel: +00 44 207 486 3997
Raju Samtani, Director   Tel: +00 44 777 594 6676

This information is provided by RNS
The company news service from the London Stock Exchange

END