Total Voting Rights and Broker Update

Tower Resources PLC

28 March 2024

 

28 March 2024

Tower Resources plc

("Tower" or the "Company")

Total Voting Rights and Broker Update

Tower Resources plc (AIM: TRP), the Africa-focused energy company, announces, for the purposes of the FCA's Disclosure and Transparency Rules, that the total issued share capital of the Company consists of 16,638,185,250 ordinary shares of 0.001 pence each with voting rights.

The total number of voting rights in the Company is 16,638,185,250 and this figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in the interest in, the share capital of the Company.

The Company also notes that its agreement with Panmure Gordon to act as joint broker for Tower Resources plc is being terminated at the end of the current quarter by mutual agreement. The Company would like to thank the team at Panmure Gordon for their contribution to the Company over the years and wish them the very best for the future.

Contacts:

Tower Resources plc Jeremy Asher Chairman & CEO Andrew Matharu VP - Corporate Affairs	[phone]
BlytheRay Financial PR Tim Blythe Megan Ray	[phone]
SP Angel Corporate Finance LLP Nominated Adviser and Joint Broker Stuart Gledhill Caroline Rowe Kasia Brzozowska	[phone]
Axis Capital Markets Limited Joint Broker Richard Hutchison Ben Tadd	[phone]
Novum Securities Ltd Joint Broker Jon Bellis Colin Rowbury	[phone]

About Tower Resources

Tower Resources plc is an AIM listed 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.

Tower's strategy is centred around stable jurisdictions that the Company knows well and that offer excellent fiscal terms. Through its Directors, staff and strategic relationship with EPI Group, Tower has access to decades of expertise and experience in Cameroon and Namibia, and its joint venture with New Age builds on years of experience in South Africa.

 

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