Tower Resources Announces Appointment of New Director and Interim CFO

Marc ch 8, 2018 TWR: T TSX Ventur re Exchang ge

NEW WS RELEAS SE

Tower Resou T urces Annou unces Appointment of N New Direct tor and Inte erim CFO

Vancouver, B.C. - Tower Reso ources Ltd. (“ “Tower” or th he “Compan ny”) is pleased to announce, subjec change"), th ct to the approval of th he TSX Ven nture Exchang ge (the "Exc hat Mr. Gare ett

to the Board of Directors of Tower. M Mr. Macdonald d is currently a ience as a mining enginee with over 20 0 years of ind dustry experi er includ ding an exten nsive backgro ound in proje ect developm ment and min ne operations. He has bee en involv ved with seve eral public co ompanies at b both manage ement and bo oard level and d has manage ed feasibility and into constr large technical pro ograms through concept, f ruction. After r roles in min ne opera ations and eng gineering wit th senior Can nadian mining g firms Teck k, Placer Dom me and Sunco or Energ gy, Mr. Macd donald served d as the Vice President of f Operations for Rainy Ri iver Resource es prior to the sale o of Rainy Riv ver to New G Gold in 2013

3. Mr. Macd donald holds a Master’s i in Busin vey Business School and a Bachelor i ness Administration from Western Un niversity – Iv in neering (Mining) from Lau Engin urentian Unive ersity.

the approval of the Excha The C Company is a also pleased to announce, , subject to t ange, that M Ms. inancial Offi Lesia Burianyk ha as been appo ointed as Inte erim Chief Fi icer of the C Company. M Ms. Buria anyk is a Ch hartered Prof fessional Acc countant (CA A) and holds a Bachelo or of Busines ss Admi inistration deg gree from Sim mon Fraser U University. Ms

s. Burianyk w was previousl ly employed a as an au udit manager at a leading Canadian ac ccounting firm m where she e specialized in the minin ng try. She has significant e indust experience w with financial l reporting re equirements and providin ng corpo orate services.

Mr. M Macdonald an nd Ms. Burian nyk succeed Mr. Steven V Vanry as dire ector and CFO O respectively y. Mr. V Vanry has res signed to foc cus on his va arious other b business inter rests. Tower would like t to thank k Mr. Vanry f for his many years of serv vice to the Co ompany and w wishes him th he very best i in his fu uture endeavou urs.

The B Board of Dire ectors of Tow wer is now co omprised of Mr. Mark Va anry, Mr. Ric chard Wyman n, Mr. G Gerald Shields s, Mr. Stuart A Averill and M Mr. Garett Ma acdonald.

Abou ut Tower Res sources

er Resources Ltd. (TWR.V) is a Van Towe ncouver base ed junior min neral explora ation compan ny focuse ed on the dis scovery and advancement t of economi ic mineral pr rojects, prima arily in Britis sh Colum mbia. The Co ompany’s key y exploration n assets are R Rabbit North, , Nechako Go old, Voigtber rg and M More Creek.

Tower Resources Ltd.

Mark Vanry - Director, CEO & President (604) 558-2565 [email protected] www.towerresources.ca

Reader Advisory

This news release may contain statements which constitute “forward-looking information”, including statements regarding the plans, intentions, beliefs and current expectations of the Company, its directors, or its officers with respect to the future business activities of the Company. The words “may”, “would”, “could”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” and similar expressions, as they relate to the Company, or its management, are intended to identify such forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future business activities and involve risks and uncertainties, and that the Company’s future business activities may differ materially from those in the forward-looking statements as a result of various factors, including, but not limited to, fluctuations in market prices, successes of the operations of the Company, continued availability of capital and financing and general economic, market or business conditions. There can be no assurances that such information will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. The Company does not assume any obligation to update any forward-looking information except as required under the applicable securities laws.

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