2 Feb 2011 12:11
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Tower Resources plc
("the Company")
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Press Speculation
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Further to recent press speculation, Tower Resources plc (AIM: TRP) confirms that it intends to shortly complete a placing of new ordinary shares. It is intended that funds raised pursuant to such placing will be utilised for the development of the Company's existing interests in sub-Saharan Africa and for general working capital purposes. A further announcement will be made in due course.
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Contacts:
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Tower Resources plc | Β www.towerresources.co.uk | ||
Peter Kingston, Chairman | Β 07802 804852 | ||
Northland Capital Partners Ltd (NOMAD and Joint Broker) | |||
Gavin Burnell / Edward Hutton | Β 020 7492 4750 | ||
Charles Vaughan (Broking) Β Westhouse Securities (Joint Broker) Tim Feather / Matthew Johnson Β Walbrook PR | Β Β Β Β 0207 601 6100 | ||
Bob Huxford | Β 020 7933 8780 | ||
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