Last checked at 5 Feb 2016 07:00
5 February 2016
Tower Resources plc
Directorate Change
Tower Resources plc (the "Company" or "Tower" (TRP.L, TRP LN)), the AIM listed Africa focussed oil and gas exploration company announces that Mr Peter Blakey, Non-Executive Director, has decided to retire from the Board and will therefore not stand for re-election at the Company's next AGM expected to be held in April 2016.
Mr Blakey, 75, was a founder of Tower in 2005 and has been influential in the start-up and development of a number of successful companies in the oil & gas sector during his career.
Commenting on Mr Blakey's retirement, Jeremy Asher, Chairman, stated that "Peter has played a great role in the Company's development and we are all extremely grateful for all he has done. He leaves us with a newly strengthened Board and a great new licence in a proven basin in Cameroon to appraise and develop. Graeme Thomson, CEO, stated "Peter has been a wonderful colleague and has worked tirelessly for shareholders over many years. We wish him every happiness and good health".
Contacts
Tower Resources
Graeme Thomson (CEO)Andrew Matharu (VP - Corporate Affairs)+44 20 7253 6639
Peel Hunt LLP (Nominated Adviser and Broker)
Richard Crichton/Ross Allister+44 20 7418 8900
Vigo Communications
Chris McMahon/Alex Aleksandrov+44 20 7016 9572