Tower Announces Issuance of Equity Incentives
Tower Announces Issuance of Equity Incentives
Vancouver, B.C. – October 19, 2023 - Tower Resources Ltd. (“Tower” or the “Company”) (TSXV: TWR) has
approved, subject to acceptance by the TSX Venture Exchange, the grant of 2,600,000 incentive stock
options (the “Options”) to acquire common shares in the capital of the Company (each a “Common
Share”). 1,800,000 of the Options were granted to officers and directors and the remainder to employees
and consultants of the Company. The Options are non-transferable and exercisable until October 19, 2028,
at $0.12 per Option, subject to vesting provisions, with one-third vesting on the date of grant and one-
third vesting ever anniversary thereafter.
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, all in B.C., are the
Rabbit North copper-gold porphyry project located between the New Afton copper-gold and Highland
Valley copper mines in the Kamloops mining district, the Nechako porphyry-associated gold-silver project
near Artemis’ Blackwater project and the More Creek epithermal gold project on the critical “red line”
structural zone connecting the mineral deposits of the Golden Triangle.
On behalf of the Board of Directors
Tower Resources Ltd.
Joe Dhami, President and CEO
(778) 996-4730
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.
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.