Tiger Resource PLC NAV Update (8913C)
04 October 2018 - 1:09AM
UK Regulatory
TIDMTIR
RNS Number : 8913C
Tiger Resource PLC
03 October 2018
For immediate release
3 October 2018
Tiger Resource PLC
('Tiger' or 'the Company')
NAV Update
The unaudited portfolio value ("PV") (based on investments and
cash only) at 30 September 2018 was 0.56 pence per ordinary
share.
Investments held by the Company as at 30/09/18
Name Number of Share price Valuation
shares
GBP GBP
(see note
African Pioneer PLC 59,529,532 2) 141,046
Anglo American PLC 11,500 17.230 198,145
BMR Group Plc (note 3) 2,500,000 0.0000 0
Barkby Group Plc 60,606 0.0375 2,273
Block Energy Plc 1,250,000 0.0310 38,750
Bezant Resources Plc 55,555,556 0.0039 216,667
Corallian Energy Limited
(note 4) 20,000 1.5000 30,000
ETFS Copper 1,760 19.953 35,118
Galileo Resources plc 6,516,667 0.0109 71,032
Goldquest Mining Corp. 173,500 0.0964 16,725
Jubilee Metals Group
PLC 1,169,600 0.0240 28,070
Pantheon Resources 31,500 0.1640 5,166
Revelo Resources Corp. 216,667 0.0060 1,300
Royal Dutch Shell Plc
B shares 5,400 26.890 145,206
Total Investments 929,498
Notes:
1) The above PV calculation is based on 184,347,070 Ordinary
shares with a nominal value of 0.1 pence each ("Ordinary Shares")
being the Company's issued share capital of 188,847,070 Ordinary
Shares less 4,500,000 Ordinary Shares held in treasury.
2) African Pioneer PLC ("APP") is a private investment company
in which Tiger owns 50.75 per cent of the issued share capital 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) The shares of BMR Group Plc ("BMR") were suspended at the
company's request on 7 February 2018 and subsequently de-listed in
August 2018. This investment is being carried at zero valuation
until further details are released by BMR Plc relating to the
company's future plans.
4) Tiger holds 20,000 shares in Corallian Energy Limited
("Corallian"), an oil and gas appraisal and exploration company
which has an interest in 5 petroleum licences in the UK and
operates in the private domain. This investment has been valued at
cost.
5) Cash funds held by the Company at 30 September 2018 amounted to GBP99,646.71.
6) All reporting is made on a quarterly basis and accordingly
the next announcement will disclose the PV per share and
investments as at 31 December 2018. 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 +44 (0)20 7581 4477
Roland Cornish
Beaumont Cornish (Nomad) Felicity Geidt +44 (0)20 7628 3369
Email:corpfin@bcornish.co.uk
First Equity Limited
(Joint Broker) Jason Robertson +44 (0)20 7374 2212
Novum Securities Plc Jon Belliss +44 (0)20 7399 9425
(Joint Broker)
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
NAVEASEDEEDPFFF
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