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Tower Resources raises £9m in placing and announces open offer to shareholders

Graeme Thomson, CEO of Tower Resources (LON:TRP), tells Proactiveinvestors about the success of the recent placing and the Open Offer circular that has just been released for retail shareholders. This, the CEO says, enables retail investors to participate on an equal footing to institutional shareholders who so often have an advantage. Graeme also talks about the 'multi-billion barrel' potential of the company's field offshore Namibia.

Quick facts: Tower Resources PLC

Price: 0.53 GBX

AIM:TRP
Market: AIM
Market Cap: £5.85 m
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Full interview: 'Major oil firm' expresses interest in Tower Resources'...

Tower Resources PLC's (LON:TRP) Jeremy Asher speaks to Proactive London's Andrew Scott after revealing they're advancing partnering efforts - sharing key technical and commercial information with 'a major international oil company'. Asher says they've shared the information to explore the...

on 4/10/19

2 min read