Tower Resources Receives Approval to Amend Term of Warrants

Febr ruary 20, 2018 TWR: T TSX Ventur re Exchang ge

NEW WS RELEAS SE

Tower Resources R Receives Ap pproval to A Amend Term m of Warra ants

Vancouver, B.C. -

• Tower Reso ources Ltd. (“ “Tower” or th he “Company y”) announce es that the TSX X

Ventu ure Exchange e (the "Excha ange") has co onsented to a an extension on the term of 15,000,00 te comm mon share pur rchase warran nts (the "Warrants") that w were issued u under the Com mpany's privat placem ment of units s completed o on September r 16, 2016. The Warrant ts have an ex xercise price o of h 16, 2018. The Compan $0.15 per common n share and w were set to exp pire on March ny has receive ed conse ent from the E Exchange to extend the ex xpiry date of f the Warrants s to Septemb ber 16, 2018 i in accord dance with Ex xchange polic cies.

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 h, Nechako G Gold and Mor re Creek k.

Towe er Resources Ltd.

Mark Vanry - Dire ector, CEO & President (604) 558-2565 [email protected] www.towerresourc ces.ca

Neit ther the TSX V Venture Excha ange nor the In nvestment Indu ustry Regulato ory Organizati ion of Canada accepts respon a nsibility for the e adequacy or a accuracy of th his release.