Company: Tiger Resource Finance PLC
TIDM: TIR
Headline: Net Asset Value(s)
Released: 12-Jan-2012



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: +0044 (0) 207 486 3997
Raju Samtani, Director   Tel: +0044 (0) 777 594 6676