7 Mar 2012 07:00

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PRESS RELEASE Â | 07 March 2012 Â |
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Tower Resources plc
("Tower" or the "Company")
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Directorate Change
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Tower Resources plc ("Tower"), LN: TRP, the AIM listed company with oil and gas exploration assets offshore Namibia, confirms that, in light of the earlier than anticipated completion of operations on the Mvule-1 exploration well in Uganda Licence EA5, Peter Kingston, Chief Executive, has stepped down from the Board of Directors with immediate effect.
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Peter's intention to step down from the Board was previously announced by Tower on 28th November 2011. The Board subsequently initiated a search for a suitable successor and will update the market on this matter in due course.
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Tower's Chairman, Jeremy Asher, commented:
"The Board would like to thank Peter for his contribution to the Company. Peter has left Tower in a strong position to pursue its interests offshore Namibia and we would like to wish him all the best in the future."
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Contacts:
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