Tower Shareholders Approve Consolidation

September 8, 2011 TWR: TSX Venture Exchange

NEWS RELEASE

TOWER SHAREHOLDERS APPROVE CONSOLIDATION

Mark Vanry, President and CEO of Tower Energy Ltd. (“the Company”), is pleased to announce that the Company’s shareholders voted in favour of each of management’s recommendations at the Special and Annual Shareholder Meeting which was held in Vancouver on September 7, 2011. Among those recommendations was the election to the Company’s board of directors of Len Guenther, Mark Vanry, Steve Vanry and Richard Wyman, the consolidation of share capital on the basis of one (1) post-consolidated Common Share for four (4) Common Shares currently held and the change of the Company’s name to Tower Resources Ltd.

The Company currently has 91,347,725 issued and outstanding Common Shares and will have 22,836,931 issued and outstanding Common Shares following consolidation.

In addition to shareholder approval, the consolidation and name change are subject to acceptance for filing by the TSX Venture Exchange.

TOWER ENERGY LTD.

“Mark Vanry”

President & CEO

530 – 510 Burrard Street Vancouver, BC, Canada V6C 3A8 Tel: (604) 558-2565 Cell: (778) 997-7573 Email: [email protected]

Neither the TSX Venture Exchange nor its Regulatory Service (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.