The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksTower Resources Share News (TRP)

Share Price Information for Tower Resources (TRP)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.0215
Bid: 0.021
Ask: 0.022
Change: 0.00 (0.00%)
Spread: 0.001 (4.762%)
Open: 0.0215
High: 0.022
Low: 0.0215
Prev. Close: 0.0215
TRP Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

AIM WINNERS & LOSERS: Frontier Developments sinks as game sales worry

Mon, 22nd Nov 2021 10:30

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

----------

AIM - WINNERS

----------

Escape Hunt PLC, up 12% at 36.98 pence, 12-month range 12.33p-46.85p. Issues 7.4 million shares in oversubscribed open offer. As a result, raises GBP17.2 million from issue.

----------

Coral Products PLC, up 10% at 16.00 pence, 12-month range 4.25p-16.00p. Completes sale of freehold premises at North Florida Road Haydock, Merseyside to Glenbrook CP Ltd for about GBP3.5 million. Net proceeds "will be used to support organic growth whilst allowing the Company to seek acquisitions to augment its existing activities and reward shareholders for their long term support," company says.

----------

AIM - LOSERS

----------

Frontier Developments PLC, down 37% at 1,558.00 pence, 12-month range 1,558p-3,430p. Sinks to 12-month low as it widens annual revenue guidance to GBP100 million to GBP130 million. "The wide guidance range is indicative of the variability of outcomes across our whole portfolio as we approach the important holiday season," company says. Notes sales of new Jurassic World Evolution 2 game since November 9 release have been lower than expected on the PC platform. "We believe this is potentially a short-term effect from a more crowded release window than expected, with a number of other highly anticipated titles launching in the same window. Simultaneous release on PlayStation and Xbox consoles of both digital and physical versions went ahead smoothly, and console sales numbers are largely as expected," company adds. Continues to project Jurassic World Evolution 2 to overtake Jurassic World Evolution in terms of revenue in its first 12 months from release.

----------

Tower Resources PLC, down 11% at 0.39 pence, 12-month range 0.22p-0.54p. Yet to receive confirmation of farm-out to Beluga Energy Ltd of 49% non-operating working interest in its Thali production sharing contract in Cameroon. "To date, Tower has received no objection to the transaction, nor any further request for information from the Cameroon Minister of Mines, Industry & Technological Development, and whilst Tower believes that the conditions for the approval have been met, Tower is yet to receive a formal letter confirming MINMIDT's approval of the transaction," company says. Adds: "While the company waits for a formal decret, Beluga continues to work on its financing process, and the company continues to work with the intended rig provider and service companies on the schedule and terms for the NJOM-3 well."

----------

By Paul McGowan; paulmcgowan@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
8 May 2019 13:49

Tower Resources flags slight delay to drilling on NJOM3

(Sharecast News) - Africa-focussed oil and gas company Tower Resources updated the market on operations on the Thali block in Cameroon on Wednesday, reiterating that it was in the final stages of planning the NJOM3 well, which would be drilled to a total depth of 1,100 metres.

Read more
8 May 2019 10:58

Tower Resources Forced To Delay Cameroon Work After Further Data

LONDON (Alliance News) - Tower Resources PLC is to delay work at the Thali block in Cameroon after getting further data from two other wells, it said Wednesday.Tower had been planning to to

Read more
3 May 2019 18:33

Tower Resources Assigns Half Of Bridging Loan To Joint Broker Clients

LONDON (Alliance News) - Tower Resources PLC on Friday said Pegasus Petroleum Ltd has agreed to assign 50% of a bridging loan to clients of its joint broker.Pegasus Petroleum is owned by to

Read more
16 Apr 2019 12:54

Tower Resources Gets Bridging Loan While Seeking Cameroon Financing

LONDON (Alliance News) - Tower Resources PLC on Tuesday said it has agreed a USD750,000 bridging loan with a single lender as it works to secure funding for its Thali offshore oil project in in at

Read more
8 Feb 2019 10:35

WINNERS & LOSERS SUMMARY: Earthport Up In Visa-Mastercard Bidding War

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Friday.----------FTSE 100 - down 2.4%. Citigroup has reduced its rating -

Read more
8 Feb 2019 08:51

Tower Resources Optimistic As Total Finds Gas Next Door

LONDON (Alliance News) - Tower Resources PLC on Friday noted the discovery by Total SA of "significant gas condensate" at the Brulpadda exploration well in South Africa.The well a

Read more
24 Jan 2019 10:38

WINNERS & LOSERS SUMMARY: St James's Place Gains After Resilient 2018

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Thursday.----------FTSE 100 - WINNERS----------St up The

Read more
24 Jan 2019 09:48

Tower Resources Raises GBP1.7 Million Via Share Placing (ALLISS)

LONDON (Alliance News) - Tower Resources PLC on Thursday raised GBP1.7 million via issue of 170.0 million shares at 1 pence each.Shares in the company were trading down 24% at 0.91p oil gas

Read more
7 Dec 2018 14:22

Tower Resources Signs Contract For Thali Licence Drill Rig In Cameroon

LONDON (Alliance News) - Tower Resources PLC said Friday it has signed a contract for a jack-up rig needed to begin drill operations at its Thali licence, offshore Cameroon.The contract was

Read more
7 Dec 2018 08:43

Tower Resources signs contract for jack-up rig in Cameroon

(Sharecast News) - Africa-focussed oil and gas company Tower Resources announced on Friday that its wholly-owned subsidiary, Tower Resources Cameroon, has signed a contract with Vantage Drilling International for the Topaz Driller jack-up rig to provide drilling operations for the NJOM-3 well.

Read more
7 Nov 2018 12:13

Tower Resources Signs New Petroleum Agreement With Namibian Government

LONDON (Alliance News) - Tower Resources PLC said Wednesday that unit Tower Resources (Namibia) Ltd has signed a new petroleum deal with the government of Namibia.The agreement covers an in

Read more
1 Nov 2018 09:18

Tower Resources moving forward after Thali reserves report

(Sharecast News) - Africa-focussed oil and gas company Tower Resources announced the results of an independent reserves report on Thursday, across its Thali licence, offshore Cameroon, in which it held a 100% licence interest.

Read more
23 Oct 2018 12:55

David And Monique Newlands Build 5% Stake In Evgen Pharma (ALLISS)

LONDON (Alliance News) - Evgen Pharma PLC said Tuesday that David and Monique Newlands now own 5.06% stake in the company.The Newlands' holding before the transaction, if any, was not

Read more
28 Sep 2018 13:59

Tower Resources Interim Loss Widens On Exploration Asset Impairment

LONDON (Alliance News) - Tower Resources PLC on Friday reported a significantly wider interim loss on increased impairments during the half.In the six months ended June, the oil and gas to

Read more
21 Sep 2018 11:43

Tower Resources Unit Seeks Partner For Algoa-Gamtoos Licence

LONDON (Alliance News) - Tower Resources PLC said Friday that New Age Energy Algoa Ltd, the operator of the Algoa-Gamtoos licence in South Africa, is seeking a partner for a share of the licence a

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.