FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS. Tower Closes Non‐Brokered Private Placement
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY
FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS.
Tower Closes Non‐Brokered Private Placement
Vancouver, B.C. – May 8, 2019 ‐ Tower Resources Ltd. (“Tower” o r t h e “Company”) (TSXV: TWR; OTCQB:
TWRFF) is pleased to announce that the non‐brokered private pla cement previously announced on April 5,
2019 (the “Private Placement”) has now closed. Under the Private Placement, the Company issued 12,500,000
units (each a “Unit”) at a price of $0.04 per Unit for gross proceeds of $500,000. Each Unit was comprised of
on e ( 1) c omm on sh ar e i n t he c ap i t al of t he Com p an y ( e ac h a "Common Share") an d one ‐ h al f of one ( 1/2)
transferable Common Share purchase warrant (each whole warrant, a “Warrant”). Each Warrant entitles the
holder to purchase one Common Share at price of $0.10 per Common Share until May 8, 2020.
The Company intends to use the net proceeds from the Private Placement to fund a diamond drill program on
its Nechako property and for general working capital purposes.
All securities issued under the Private Placement, including securities issuable on exercise thereof, are subject
to a hold period expiring September 9, 2019.
In connection with the Private Placement, the Company paid a total of $3,535.00 in cash to eligible finders who
introduced subscribers to the Private Placement.
About Tower Resources
Tower is a Canadian based mineral exploration company focused on the discovery and advancement of
economic mineral projects in the Americas. The Company’s key exploration assets are the Rabbit North copper‐
gold porphyry project located between the New Afton and Highlan d Valley Copper mines, the Nechako gold
project near New Gold’s Blackwater project and the More Creek a nd Voigtberg gold projects in the Golden
Triangle area of Northern British Columbia.
On behalf of the Board of Directors,
Tower Resources Ltd.
Joe Dhami – President and CEO
(604) 558‐2565
www.towerresources.ca
Reader Advisory
This news release may include forward‐looking information that is subject to risks and uncertainties. All
statements within, other than statements of historical fact, ar e to be considered forward‐looking, including
s t a t e m e n t s w i t h r e s p e c t t o t h e c l o s i n g o f t h e P r i v a t e P l a c e m e n t and use of proceeds from the Private
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Placement. Although the Company believes the expectations expre ssed in such forward‐looking information
are based on reasonable assumptions, such information is not a guarantee of future performance and actual
results or developments may differ materially from those contai ned in forward‐looking information. Factors
that could cause actual results to differ materially from those in forward‐looking information include, but are
not limited to, fluctuations in market prices, successes of the operations of the Company, availability of capital
and financing and general economic, market or business conditio ns. 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.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.