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TOWER RESOURCES

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poo bear - Fri, 22 Dec 06 :

Tower made The Times today



"Tower Resources, the oil and gas exploration and production company listed on London’s junior AIM, said that it is proposing to raise £1.04 million from a placing of 52 million shares at 2p each. Tower said that it intends to use the proceeds to develop its existing oil and gas assets, to expand its portfolio and for general working capital purposes. "

Nothing we dont know, but someone has taken notice and reported them instead of others that couls have been reported on.


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