Tower Resources PLC Result of Annual General Meeting

RNS Number : 9827W

Tower Resources PLC

18 July 2024

 

18 July 2024

Tower Resources plc

("Tower" or the "Company")

Result of Annual General Meeting

 

Tower Resources plc (the "Company" or "Tower" (TRP.L, TRP LN)), the AIM listed oil and gas company with its focus on Africa, is pleased to announce that at the Annual General Meeting ("AGM") of the Company held earlier today, all the resolutions proposed in the notice of meeting were duly passed.

The voting in respect of each resolution was as follows:

                                                                                           In favour             Against                

Ordinary Resolution 1                                                    97.5%         2.5%                     

Ordinary Resolution 2                                                    86.5%         13.5%                     

Ordinary Resolution 3                                                    97.5%         2.5%                       

Ordinary Resolution 4                                                    92.3%         7.7%                     

Special Resolution 5                                                        92.3%         7.7%            

 

 

Contacts:

 

Tower Resources plc Jeremy Asher Chairman & CEO   Andrew Matharu VP - Corporate Affairs	[phone]
BlytheRay Financial PR Tim Blythe Megan Ray	[phone]
SP Angel Corporate Finance LLP Nominated Adviser and Joint Broker Stuart Gledhill Kasia Brzozowska	[phone]
Novum Securities Limited Joint Broker Jon Beliss Colin Rowbury	[phone]
Axis Capital Markets Limited Joint Broker Richard Hutchison	[phone]

 

About Tower Resources

Tower Resources plc is an AIM listed energy company building a balanced portfolio of energy opportunities in Africa across the exploration and production cycle in oil and gas and beyond. The Company's current focus is on advancing its operations in Cameroon to deliver cash flow through short-cycle development and rapid production with long term upside, and de-risking attractive exploration licenses through acquiring 3D seismic data in the emerging oil and gas provinces of Namibia and South Africa, where world-class discoveries have recently been made.

Tower's strategy is centred around stable jurisdictions that the Company knows well and that offer excellent fiscal terms. Through its Directors, staff and strategic relationship with EPI Group, Tower has access to decades of expertise and experience in Cameroon and Namibia, and its joint venture with New Age builds on years of experience in South Africa.

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