News Insights
In recent updates, Tower Resources plc (AIM: TRP) announced an amendment to its Total Voting Rights statement, correcting the total issued share capital from 29,315,709,933 to 29,315,709,993 shares. This adjustment aligns with a previous announcement made on January 22, 2025, regarding the company's enlarged issued share capital. Tower remains focused on transparency in accordance with the FCA's Disclosure and Transparency Rules, allowing shareholders to gauge their interests accurately.
Additionally, on January 22, 2025, Tower Resources confirmed the exercise of warrants amounting to 271,018,518 ordinary shares at an exercise price of 0.027 pence per share, generating approximately £73,175. Following this exercise, the total number of outstanding warrants and options has escalated to 1,648,332,365, representing 5% of the fully diluted share capital. These developments reflect Tower Resources' ongoing financial maneuvering and commitment to bolstering its share structure amidst its operational efforts in the African oil and gas market.
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