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Share Name Share Symbol Market Type Share ISIN Share Description
Tower Resources Plc LSE:TRP London Ordinary Share GB00BZ6D6J81 ORD GBP0.00001
  Price Change % Change Share Price Shares Traded Last Trade
  -0.0025 -1.15% 0.215 11,656,672 15:53:47
Bid Price Offer Price High Price Low Price Open Price
0.21 0.22 0.22 0.215 0.2175
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 0.03 8
Last Trade Time Trade Type Trade Size Trade Price Currency
15:58:19 O 2,288,454 0.212 GBX

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Date Time Title Posts
24/9/202219:34Tower Resources, stratospheric RISER from 0.25p1,309
23/9/202221:02TOWER RESOURCES31,416
22/9/202209:02Tower Resources..A 100 BAGGAR IN THE MAKING from 0.25p to 25p.308
02/11/202109:10TRP board very quite on here10
03/8/202116:16Tower Resources with Volume Charts64

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Posted at 31/8/2022 19:39 by sheepshagger1
In Jan 2019 the TRP CEO bought £260,000 worth of shares at 1p !!!!!! 24 January 2019 Tower Resources plc Completion of Placing and Director's Dealings Grant of Options Issue of Warrants 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, further to the Company's announcement earlier today outlining the proposed placing and subscription (the "Placing") for 170 million new Ordinary Shares (the "Placing Shares"), the Company has successfully placed 170,000,000 new Ordinary Shares together with 85 million of attached three-year 1.25p warrants and raised gross proceeds totalling GBP1.7 million at a Placing Price of 1.00 pence per share. As previously disclosed, the purpose of the Placing is principally to fund long-lead items pursuant to the drilling of the Thali NJOM-3 well, offshore Cameroon, scheduled for Q2 2019, and for other costs related to the Thali work programme, and general working capital while the Company seeks to complete borrowing facilities to fund its forward work programme at Njonji in particular. As part of the Placing, Jeremy Asher, Chairman and CEO, has entered into an Agreement (the "Subscription Agreement") to subscribe for, in aggregate, 25,850,000 new Ordinary Shares in the Placing (with attached warrants) for GBP258,500 as further detailed below; and Peter Taylor (a Director of the Company) has entered into a Subscription Agreement in respect of 3,000,000 new Ordinary Shares in the Placing (with attached warrants) for GBP30,000 as further detailed below.
Posted at 30/8/2022 07:03 by moneymunch
August 2022 30 August 2022 Tower Resources plc Issue of share in lieu of fees to Bedrock Drilling Ltd Tower Resources plc (the "Company" or "Tower" (TRP.L, TRP LN)), the AIM listed oil and gas company with its focus on Africa, announces that it has issued 11,200,000 Ordinary shares in the Company (the "Fee Shares") to Bedrock Drilling Ltd ("Bedrock Drilling"), in lieu of fees to the value of £25,200. The Company has issued shares in lieu of fees on previous occasions to Bedrock Drilling, which provides well project management, well engineering services and drilling consultancy services to Tower's operations on the Thali block, offshore Cameroon, both to reduce cash costs and above all to align long term incentives with our well management team. It is expected that admission of the shares will become effective at 8.00 a.m. on or around 2 September 2022. Following admission of the shares, the Company's enlarged issued share capital will comprise 3,554,437,955 Ordinary shares of 0.001 pence each with voting rights in the Company. This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in the interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.
Posted at 24/8/2022 08:52 by neilyb675
one in, one out, LOL Your order can not be completed automatically Your order cannot be completed automatically at this time, but can still be submitted as a negotiated order. Reasons for this could include market volatility, the size of your order, or because there is not enough electronic stock available to match your order. Because your order cannot be completed automatically we cannot guarantee the share price at the time of your trade. Your order will be sent directly to our Dealers who will negotiate the best price available for your order in the market at that time. All orders will be completed in fair and due turn as soon as is practically possible. Once you have placed a negotiated order you do not have the facility to cancel this instruction online. BUY: 1000000 TRP - TOWER RESOURCES ORD GBP0.00001
Posted at 24/8/2022 08:32 by neilyb675
ticked up, BUT.......... Your order can not be completed automatically Your order cannot be completed automatically at this time, but can still be submitted as a negotiated order. Reasons for this could include market volatility, the size of your order, or because there is not enough electronic stock available to match your order. Because your order cannot be completed automatically we cannot guarantee the share price at the time of your trade. Your order will be sent directly to our Dealers who will negotiate the best price available for your order in the market at that time. All orders will be completed in fair and due turn as soon as is practically possible. Once you have placed a negotiated order you do not have the facility to cancel this instruction online. BUY: 1000000 TRP - TOWER RESOURCES ORD GBP0.00001
Posted at 24/8/2022 08:25 by neilyb675
Your order can not be completed automatically Your order cannot be completed automatically at this time, but can still be submitted as a negotiated order. Reasons for this could include market volatility, the size of your order, or because there is not enough electronic stock available to match your order. Because your order cannot be completed automatically we cannot guarantee the share price at the time of your trade. Your order will be sent directly to our Dealers who will negotiate the best price available for your order in the market at that time. All orders will be completed in fair and due turn as soon as is practically possible. Once you have placed a negotiated order you do not have the facility to cancel this instruction online. BUY: 1000000 TRP - TOWER RESOURCES ORD GBP0.00001
Posted at 23/8/2022 11:29 by neilyb675
2mill goes neg trade (with Halifax) Your order can not be completed automatically Your order cannot be completed automatically at this time, but can still be submitted as a negotiated order. Reasons for this could include market volatility, the size of your order, or because there is not enough electronic stock available to match your order. Because your order cannot be completed automatically we cannot guarantee the share price at the time of your trade. Your order will be sent directly to our Dealers who will negotiate the best price available for your order in the market at that time. All orders will be completed in fair and due turn as soon as is practically possible. Once you have placed a negotiated order you do not have the facility to cancel this instruction online. BUY: 2000000 TRP - TOWER RESOURCES ORD GBP0.00001
Posted at 21/8/2022 20:32 by sheepshagger1
Market cap on advfn is wrong and doesn't include the new shares issued. 3.5 billion shares in issue now. So at a share price of 1p we get a market cap of £35 million. "Following admission of the Placing Shares, the Company's enlarged issued share capital will comprise 3,543,237,955 Ordinary Shares of 0.001 pence each with voting rights in the Company"
Posted at 02/8/2022 07:02 by moneymunch
2 August 2022 Tower Resources plc Placing and Subscription to raise £1.5 million Cameroon Financing Update 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 announces that the Company has raised gross proceeds of £1,499,999 through a placing and subscription of approximately 857,142,286 new ordinary shares of 0.001 pence each (the "Placing Shares") at a price of 0.175 pence per Placing Share (the "Placing Price") (the "Placing"). As part of the Placing, Jeremy Asher, Chairman and CEO, has entered into a subscription agreement to subscribe for, in aggregate, 142,857,143 new Placing Shares in the Placing for £250,000 as further detailed below. Cameroon Financing Update The Company and BGFI Bank Group ("BGFI") are continuing to work on the documentation and final approvals for the loan to Tower Resources Cameroon SA ("TRCSA") towards the financing of the NJOM-3 well, as set out in the Company's announcement of 29 June 2022. This process is currently expected to be complete by the end of September 2022. In the meantime the Company is continuing to discuss additional financing options at the asset level, as also disclosed on 29 June 2022, for additional amounts in the US$5-10 million range with various parties, in order to complete the well financing or more. The Company is also progressing rig and service company contracts and would like to be in a position to make advance payments in respect of such contracts if required, in order to ensure rig and service availability. The Placing While the financing discussions in respect of the NJOM-3 well are concluded, the Company has raised approximately £1.5 million for the preparation of the drilling of the NJOM-3 well, including payments on account of services associated with the well, and for working capital purposes via the Placing and subscription. A small portion of the funds raised will also be used to advance the Company's other 2022 work programs in Namibia and South Africa, including the basin modelling work currently underway on the Company's Namibian license PEL 96. The Company has also issued a broker warrant in favour of Novum granting it the right to acquire 10,588,228 ordinary shares for a period of two years at a price of 0.425p per share. Jeremy Asher, Chairman and CEO, commented: "We are as confident as we can be about the completion of the TRCSA loan financing and other asset financing to complete the NJOM-3 well. We are also paying attention to the tighter markets for rigs and services, and we want to keep the operational discussions moving in parallel with the financial discussions. I have offered to participate in this Placing myself to underscore my personal confidence in our reaching our goals with the NJOM-3 well." Related Party Transaction The participation of Jeremy Asher constitutes a related party transaction in accordance with AIM Rule 13. Accordingly, Dr Mark Enfield and Paula Brancato, acting as the independent Directors, consider, having consulted with the Company's Nominated Adviser, share price Angel Corporate Finance LLP, that the terms of Jeremy Asher's participation in the Placing is fair and reasonable insofar as the Company's shareholders are concerned. The following table sets out the Directors' shareholdings and percentage interests in the issued share capital of the Company following completion of the Placing and subscription. https://www.londonstockexchange.com/news-article/TRP/placing-and-subscription-to-raise-ps1-5-million/15566323
Posted at 01/7/2022 07:03 by moneymunch
Tower Resources plc (the "Company" or "Tower" (TRP.L, TRP LN)), the AIM listed oil and gas company with its focus on Africa, announces the following issue of warrants to Directors and a consultant to the Company in lieu of fees. Warrants are being issued in lieu of GBP30,000 (in aggregate) of Directors fees to Paula Brancato and Mark Enfield (Non-Executive Directors), and Jeremy Asher (as Chairman) in settlement of fees due for the period from 1 July 2022 to 30 September 2022, to conserve the Company's working capital. The warrants are exercisable at a strike price of 0.295 pence ("Warrants"), which is the same as the closing share price of 0.295 pence per share on 30 June 2022. The Warrants are exercisable for a period of 5 years from the date of issue and those being issued are detailed below: As previously announced, the Directors will consider issuing further warrants in lieu of fees for each calendar quarter based on the closing price of the shares and the warrant valuation on the last day of the previous quarter and will make an election and announce the issue of warrants (if so elected) at the earliest opportunity in each calendar quarter. This election will be made by the Board with each Director taking into consideration the working capital position of the Company. The Company also announces the issue of 3,366,248 warrants, on the same terms as the Warrants issued to Directors, to Mr Duncan Rushworth, a consultant to the Company, in lieu of fees for his work for the Company during the period from 1 July 2022 to 30 September 2022. https://www.londonstockexchange.com/news-article/TRP/issue-of-warrants-to-directors/15520911
Posted at 04/6/2022 17:50 by sheepshagger1
Moneymonth et al We are getting close to drilling the Thali block in Q4 I expect TRP to get some debt meaning the arrangement will be 75% TRP and 25% beluga which is great for TRP holders. Lets assume we hit oil Has anyone calculated oil flows / revenue to TRP and the resultant share price ?
Tower Resources share price data is direct from the London Stock Exchange
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