Tower Resources CEO confident of success in Cameroon and Nam...| MENAFN.COM

Saturday, 10 December 2022 07:53 GMT

Tower Resources CEO confident of success in Cameroon and Namibia

(MENAFN- ProactiveInvestors)The chief executive of Tower Resources (LON:TRP) Graeme Thomson talks through the company's project plans in Cameroon and Namibia. On Wednesday Tower has raised £5.2mln in a share placing to fund its new project offshore Cameroon in the Niger Delta. Thomson says this provides Tower with lower risk appraisal and exploration potential in a shallow water proven-producing region. The proceeds raised mid-week will also fund ventures in Namibia which the CEO describes as 'an under-explored and highly prospective' area.

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