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LONDON - Tower Resources plc (AIM:TRP), an oil and gas company focused on Africa, announced Monday that shareholders approved all resolutions proposed at its Annual General Meeting (AGM).
According to a company press release, the five resolutions received strong support, with approval rates ranging from 95% to 98.7%. The meeting was held earlier in the day.
The company, which describes itself as building a balanced portfolio of energy opportunities across Africa, did not provide specific details about the content of the resolutions in its announcement.
Tower Resources is currently advancing operations in Cameroon while also holding exploration licenses in Namibia and South Africa. The company maintains joint ventures with EPI Group and New Age in these regions.
The voting results showed Ordinary Resolution 1 received 98.7% approval, Ordinary Resolution 2 received 97.8%, Ordinary Resolution 3 received 97.7%, and both Ordinary Resolution 4 and Special Resolution 5 received 95% approval.
Tower Resources is listed on London’s AIM market.
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