Tower Resources Raises £280,000 Through Subscription
The energy company has raised £280,000 through a subscription, with the shares issued at a discount of less than 5% to the previous closing price.
The energy company has raised £280,000 through a subscription, with the shares issued at a discount of less than 5% to the previous closing price.
The oil and gas company has raised £550,000 through a discounted subscription, suggesting low investor confidence.
The oil and gas explorer reports widening losses and delayed operations due to pending government approvals, despite securing farm-out agreements. Financial pressures mount as debt increases significantly.
The oil and gas company has expanded its existing Bridge Loan by £250,000, providing additional working capital ahead of planned drilling activities.
The energy company has expanded its Bridge Loan by £250,000 to provide additional working capital ahead of drilling in Cameroon.
The energy company has secured a rig contract for its operations in Cameroon, with favorable terms compared to previous offers. The contract is expected to have a positive impact on the company's earnings.
The energy company announces the posting of its annual report and notice of annual general meeting.
The oil exploration company reported increased annual losses and significant project delays. Despite some positive developments, it faces ongoing challenges in securing approvals and funding for its operations.
The oil and gas company has granted restricted shares to its directors and employees as part of its long-term incentive plan.
The oil and gas company has secured a £500,000 bridge loan to provide working capital flexibility ahead of drilling operations.