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Proactive end of day news wrap: Galileo Resources, Anglo Pacific, Kromek ...
A taste of the small cap stories on the Proactive newswire today
Company
Tower Resources PLC
LON:TRP
Tower Resources PLC is an energy company building a balanced portfolio of energy opportunities in Africa across the exploration and production cycle in oil and gas and beyond. The company's current focus is on advancing its operations in Cameroon to deliver cash flow through short-cycle development and rapid production with long term upside, and de-risking attractive exploration licenses through acquiring 3D seismic data in the emerging oil and gas provinces of Namibia and South Africa, where world-class discoveries have recently been made.
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Petrofac plunges on news of Serious Fraud Office investigation
A look at some of the biggest London-listed risers and fallers today
Tower Resources shares suspended amid financial uncertainty
“We are enormously disappointed by this development," said chairman and chief executive Jeremy Asher.
FTSE 100 closes at record high after third-straight week of gains
At the close, the UK blue chip index was up 0.7%, or 48.8 points at 7,435.4, not far below its all-time record of 7,447.0
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Proactive news round-up: MaxCyte, Horizon Discovery, WideCells Group …
A glance at some of the stories on the Proactive newswire today.
Connemara Mining says new man is good but not that good
A glance at the largest rises and falls in London at 3.30pm
Tower Resources completes sale of Western Sahara business
"The successful sale of Comet with its exploration acreage in the SADR represents the completion of the first stage of a portfolio review by Tower,” said Jeremy Asher, Tower chief executive.
Proactive news summary, including Metal Tiger plc, Sula Iron and Gold PLC, VinaCapital Vietnam Opportunity Fund, Tower Resources PLC and more
A look at some of the significant small cap news stories on the day
Tower Resources unveils board changes as part of cost-cutting
Tower Resources plc unveiled a raft of management changes as part of its cost cutting
Tower Resources launches open offer to take new funding up to £1.5mln
The funding comes amid hopes that the company can deliver a farm-out deal to bring in a partner for its Thali licence offshore Cameroon.
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Proactive weekly oil highlights: 88 Energy, Aminex, Hurricane Energy and more...
Weekly round up of news headlines from the world of oil...
Risers & Fallers: Mporium Group, Avon Rubber, Gable...
Some of the main news-driven share changes at 4.00pm
Proactive news highlights: Avation, Deltex Medical, Harvest Minerals, Sound Energy and more...
The window for all appeals against Sirius Minerals' North Yorkshire project has ended, Tower Resources raises £1.03mln of new capital and Avation has reported record revenues.
Riser and Fallers: Including Micro Focus and Strat Aero
Strat Aero's share price flew high after its subsidiary secured a £2.5mln contract win with the UK Environmental Agency
Investments and investor services
Small cap highlights: Investors ride the Gulf Keystone rollercoaster
Any small cap round-up of this week must start with a trip on the rollercoaster that is Gulf Keystone Petroleum Limited
Tower Resources focuses on near-term opportunity in South Africa
Tower's 2016 programme will now be 'self funded' due to the exit from an expensive deep water project.
Tower Resources exits Kenya, confident its portfolio reboot will deliver
Tower Resources is now focused on Atlantic margin.