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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.

Current stock price: 0.14p, down 2.8%

12-month change: down 39%

By Greg Rosenvinge, Alliance News reporter

Comments and questions to [email protected]

Copyright 2023 Alliance News Ltd. All Rights Reserved.


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Tower Resources
FTSE 100 Latest
Value8,809.74
Change53.53