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Tower Resources (TRP) Share News

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EARNINGS: Katoro Gold pretax loss narrows; Ondine Biomedical sales up

30th Sep 2024 13:43

(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Monday and not separately reported by Alliance News: Read More

UK shareholder meetings calendar - next 7 days

11th Jul 2024 14:21

Read More

EARNINGS AND TRADING: Brookfield mulls cash bid for Tritax EuroBox

3rd Jun 2024 20:49

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More

TRADING UPDATES: Diversified Energy offers dividend alternative

15th Feb 2024 16:02

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More

TRADING UPDATES: Seeing Machines revenue grows; Baron Oil strikes deal

8th Feb 2024 20:13

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More

IN BRIEF: Tower Resources to issue 317.6 million shares to placee

4th Oct 2023 15:32

Tower Resources PLC - Africa-focused oil and gas company - Says that Energy Exploration Capital Partners LLC requests the issue of 317.6 million Tower Resources shares, in accordance with the investment deed announced in mid-January. Says the purchase price of 0.04p per share, which was previously prepaid by Energy Exploration Capital Partners. This is set by mutual agreement, given that the market price remains below the floor price set out in the deed. Admission of the placing shares is expected to take place on or around Monday next week. Read More

EARNINGS: Beacon Energy and Kefi Gold & Copper losses widen

29th Sep 2023 14:29

(Alliance News) - The following is a round-up of earnings by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More

UK shareholder meetings calendar - next 7 days

10th Jul 2023 15:46

Read More

IN BRIEF: Pendragon Chief Operating Officer Martin Casha to resign

7th Jul 2023 10:44

Pendragon PLC - Nottingham, England-based automotive retailer - Says Martin Casha will resign from his chief operating officer role after 42 years of being with the firm to become the chief executive officer of Marshall Motor Group Ltd. Marshall Motor is a car dealing company. Says he will continue as COO until November 7. Read More

UPDATE: Jangada Mines notes Blencowe's completion of test work

19th Jun 2023 14:36

(Jangada Mines issued a correction amending percentage interest in Blencowe Resources to 12% from previously stated 9.5%). Read More

IN BRIEF: Tower Resources swings to a loss with numerous headwinds

19th Jun 2023 11:07

Tower Resources PLC - Africa-focused oil and gas company - Swings to an annual pretax loss of USD1.0 million from a profit of USD196,547 the prior year. The company posts no revenue for the year nor does it declare a dividend, both unchanged from the prior year. Tower Resources says that the war in Ukraine has deteriorated the general economic and market conditions, with the company warning that this could reach a point where it becomes impossible to raise equity finance in UK equities markets to fund exploration projects, nor debt to develop projects. Read More

Tower Resources hails basin modelling results in Namibia

16th Jun 2023 10:18

(Alliance News) - Tower Resources PLC on Friday said it undertook a basin and thermal maturity study within the license PEL 96 in Namibia. Read More

UPDATE: Tower Resources CEO stake in company falls amid placing

31st May 2023 11:58

Tower Resources PLC - Africa-focused oil and gas company - Stake of Chair & Chief Executive Officer Jeremy Asher in company falls to 7.2% from 16%, as company placed 4.60 billion new shares, under which Asher subscribed for 100.0 million new shares. When it announced the placing on May 16, firm said it will use the funds for preparation of drilling of the Njom-3 well, including associated services payments, and as working capital. Read More

IN BRIEF: Tower Resources CEO and chair reduces stake to 7.2% from 16%

30th May 2023 19:48

Tower Resources PLC - Africa-focused oil and gas company - Chair and Chief Executive Jeremy Asher lowers stake to 7.2% from 16%. No further details were provided. Read More

IN BRIEF: Tower Resources shares plunge after discounted placing

16th May 2023 14:14

Tower Resources PLC - Africa-focused oil and gas company - Raises GBP2.3 million in a conditional placing of 4.6 million shares at a price of 0.05p each, a 56% discount to Monday's closing price in London of 0.11p. Says it will use the funds for preparation of drilling of the Njom-3 well, including associated services payments, and as working capital. "A portion of the funds raised will also be used to advance the company's other 2023 work programs in Namibia and South Africa, including the ongoing basin modelling work currently underway on the company's Namibian license PEL 96," Tower says. Read More

AIM WINNERS & LOSERS: Rurelec jumps on Argentinian assets sale

16th May 2023 11:03

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday. Read More

TRADING UPDATES: Volex wins contract; Engage XR revenue jumps

27th Apr 2023 14:34

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More

AIM WINNERS & LOSERS: Engage XR jumps on quarterly revenue growth

27th Apr 2023 10:43

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday. Read More

IN BRIEF: Tower Resources to issue USD150,000 in shares to EECP

30th Mar 2023 14:35

Tower Resources PLC - Africa-focused oil and gas company - Says Energy Exploration Capital Partners LLC requests it issue 102.5 million shares for the price of 0.12 pence each, worth GBP123,000. EECP has pre-paid USD150,000 amid a wider placing of USD6 million in shares by Tower Resources with EECP in mid-January. Says application for placing shares to be admitted to trading on AIM in London has been made, with admission expected to take place on or around Tuesday next week. Read More

IN BRIEF: Tower Resources announces placing of up to USD6 million

16th Jan 2023 11:44

Tower Resources PLC - Africa-focused oil and gas company - Announces institutional share placing worth up to USD6 million with Energy Exploration Capital Partners LLC. Initially the placing will raise USD1.3 million at a premium price of 0.36p, after which EECP will invest up to USD1.8 million in aggregate for shares worth up to USD1.9 million. If required, Tower may raise a further USD3.0 million from Energy Exploration Capital Partners via a shares issue. Read More

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