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
21 Sep 2018 11:28

Tower Resources and operator seek farm-out partner at Algoa-Gamtoos

(Sharecast News) - Africa-focussed oil and gas company Tower Resources updated the market on its Algoa-Gamtoos licence in South Africa, in which it holds a 50% interest through its wholly-owned subsidiary Rift Petroleum, together with the operator New Age Energy Algoa, on Friday.

Read more
17 Sep 2018 11:31

Tower Resources Secures Extension To Thali Exploration Licence

LONDON (Alliance News) - Africa-focused oil and gas exploration company Tower Resources PLC said on Monday it has been granted a one-year extension to its initial exploration period for the Thali

Read more
20 Aug 2018 13:09

Tower Resources makes solid progress on Thali licence

(Sharecast News) - Africa-focussed oil and gas company Tower Resources updated the market on its operations at the Thali licence in Cameroon, conducted through its wholly-owned subsidiary Tower Resources Cameroon, on Monday, confirming that it has completed its environmental and social impact assessment (ESIA).

Read more
20 Aug 2018 12:36

Tower Resources Gets Environmental Clearance For Thali Licence

LONDON (Alliance News) - Tower Resources PLC said Monday it received clearance to start drilling operations in the Thali licence area in Cameroon.Tower Resources shares were trading 7.4% at

Read more
8 May 2018 12:14

Tower Resources Narrows 2017 Loss As Drilling Program Continues

LONDON (Alliance News) - Tower Resources PLC said Tuesday that the company loss for 2017 narrowed significantly compared to 2016 as impairment charges were not repeated as focuses on drilling gas

Read more
2 Apr 2018 18:10

CANADA STOCKS-TSX drops as financials, energy stocks weigh

(Update prices) By Medha Singh April 2 (Reuters) - Canada's main stock index dropped on Monday, led by a slide in energy companies as crude oil and by in a a

Read more
2 Apr 2018 15:20

CANADA STOCKS-TSX inches lower as financial, energy sectors weigh

April 2 (Reuters) - Canada's main stock index fell on Monday due to losses in the financial and energy sectors amid a revival in trade war fears after decided to impose on

Read more
27 Mar 2018 13:48

Canadian railways in a catch-22 over crude shipment

By Anirban Paul and Ahmed Farhatha March 27 (Reuters) - Canadian railway operators see a lucrative opportunity to transport more crude oil to the United States as a in

Read more
23 Mar 2018 11:49

CANADA STOCKS-TSX futures dip on trade war fears

March 23 (Reuters) - Futures for Canadian main stock index fell on Friday on rising fears of a global trade war after U.S. President Donald Trump announced tariffs on Chinese

Read more
23 Mar 2018 04:44

UPDATE 1-Petronas says involved in TransCanada's proposal to build gas pipeline extension

KUALA LUMPUR, March 23 (Reuters) - Malaysia's Petronas said on Friday it is one of the producers involved in TransCanada's proposal to expand a up

Read more
19 Mar 2018 12:26

CANADA STOCKS-TSX futures down as Fed caution weighs

March 19 (Reuters) - Futures pointed to a lower opening for Canada's main stock index on Monday as markets remained nervous ahead of a U.S. central it

Read more
9 Mar 2018 21:24

UPDATE 1-CANADA STOCKS-TSX ends higher alongside global stocks, oil, metals

By Nichola Saminather TORONTO, March 9 (Reuters) - Canada's main stock index closed higher on Friday, lifted by strong gains in oil and metals

Read more
9 Mar 2018 15:08

CANADA STOCKS-TSX up slightly as full-time jobs drop offset by oil, metals gains

By Nichola Saminather TORONTO, March 9 (Reuters) - Canada's main stock index was marginally higher on Friday as a drop in full-time jobs wage 1

Read more
8 Mar 2018 21:27

UPDATE 1-CANADA STOCKS-TSX recovers after Trump exempts Canada from tariffs

By Nichola Saminather TORONTO, March 8 (Reuters) - Canada's main stock index closed higher on Thursday, with all sectors but one in after Trump

Read more
8 Mar 2018 15:16

CANADA STOCKS-TSX recovers as Trump promise of flexibility eases tariff fears

By Nichola Saminather TORONTO, March 8 (Reuters) - Canada's main stock index advanced on Thursday, with all sectors but one in on receding of 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.