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Posted by
Two Blokes Jul 1 -
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Tower Resources PLC (AIM:TRP) announced it has increased its existing bridge loan to £750,000, from £500,000, to support working capital as completion of a key farm-out deal nears. "The purpose of the Bridge Loan remains to provide the company with working capital flexibility in preparation for the drilling of the NJOM-3 well on the Thali license in Cameroon,” chief executive Jeremy Asher said in a statement.
