Tower Resources plc (the “Company” or “Tower” (TRP.L, TRP LN)), the AIM-listed Africa-focussed oil and gas exploration company, is pleased to announce that Andrew Smith has joined the Company as Financial Controller and Company Secretary.

Andrew, aged 36, joins Tower from Sterling Energy plc where he was the Group Financial Controller and Company Secretary for the AIM listed, Africa focused exploration-producer. There he worked closely on the company’s exploration assets in Kurdistan, Madagascar and Cameroon as well as managing the key financial relationships on the oil producing Chinguetti licence in Mauritania. He also worked on securing the company’s entry into Somaliland in 2013. Andrew spent a number of years working in the real-time passenger information industry before moving into the oil and gas sector in 2006 with Matra Petroleum plc. There he worked as the Group Financial Controller and helped facilitate Matra’s move into the Russian Federation as well as divesting its legacy acreage in Eastern Europe and participating in numerous equity fundraising rounds. Andrew also worked for Xcite Energy plc on the appraisal and re-development of its North Sea Bentley field.

Andrew holds a BA degree in Accounting from Staffordshire University and is a qualified Chartered Accountant.

Graeme Thomson, CEO, commented: “We are pleased to welcome Andrew to Tower, whose experience is highly relevant to our areas of activity and focus. All finance and company secretarial functions will now be in-house as we look to further expand our operated activities.”

Tower Resources

Graeme Thomson (CEO)
Andrew Matharu (VP – Corporate Affairs)
+44 20 7253 6639

Peel Hunt LLP (Nominated Adviser and Joint Broker)

Richard Crichton/Charles Batten
+44 20 7418 8900

GMP Securities Europe LLP (Joint Broker)

Rob Collins/Emily Morris
+44 20 7647 2800

Vigo Communications

Chris McMahon/Peter Reilly
+44 20 7016 9572

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