Last checked at 21 Aug 2009 10:32
PRESS RELEASE
21 August 2009
Share Price Movement
Tower Resources plc ("Tower" or the "Company")
Tower notes the recent movement in its share price and can confirm that the Directors are unaware of any reason directly related to Tower's activities for the movement.
As previously announced, a number of specialist external consultants alongside our technical team are contributing to a re-evaluation of Exploration Area 5, in Uganda, following the drilling of the Iti-1 well. This work is ongoing and is expected to conclude in the second half of September. At that time a comprehensive update will be issued to the market.
Contacts:
| Tower Resources plc | www.towerresources.co.uk |
| Peter Kingston, Chairman | 07802 804852 |
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| Astaire Securities (NOMAD and Broker) |
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| Andrew Raca (NOMAD) | 020 7448 4400 |
| Jerry Keen (Corporate Broking) | 020 7448 4492 |
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| Aquila Financial Limited (PR) | www.aquila-financial.com |
| Peter Reilly | 0118 979 4100 |