RE: Finance Approved22 Nov 2022 11:42
Cameroon Financing:
"has been approved by the credit committee of the Cameroon bank."
Tower is pleased to announce that its subsidiary, Tower Resources Cameroon S.A ("TRCSA"), has been notified by BGFI Bank Group ("BGFI"), the largest bank group in Central Africa, that the medium term loan of approximately US$7 million for which TRCSA and BGFI agreed a term sheet at the end of June 2022 (the "Loan"), has been approved by the credit committee of the Cameroon bank.