Tower Resources Adopts Advance Notice Policy
Tower Resources Adopts Advance Notice Policy
Vancouver, B.C. – May 8, 2023 - Tower Resources Ltd. (“Tower” or the “Company”) (TSXV: TWR)
announces that its board of directors (the "Board") has adopted an advance notice policy (the "Policy")
which includes, among other things, a provision that requires advance notice be given to the Company in
circumstances where nominations of persons for election to the Board are made by shareholders of the
Company other than pursuant to: (i) a requisition of a meeting made pursuant to the provisions of
the Business Corporations Act (British Columbia) (the "Act"); or (ii) a shareholder proposal made pursuant
to the provisions of the Act.
Additionally, the Policy sets a deadline by which holders of record of common shares of Tower must
submit director nominations to the Company prior to any annual or special meeting of shareholders, sets
forth the information that a shareholder must include in the notice to the Company, and establishes the
form in which the shareholder must submit the notice for that notice to be in proper written form.
In the case of an annual meeting of shareholders, notice to the Company must be made not less than 30
days nor more than 65 days prior to the date of the annual meeting. However, in the event that the annual
meeting is to be held on a date that is less than 40 days after the date on which the first public
announcement of the date of the annual meeting was made, notice may be made not later than the close
of business on the tenth (10th) day following such public announcement.
In the case of a special meeting of shareholders (which is not also an annual meeting) notice to the
Company must be made not later than the close of business on the fifteenth (15th) day following the day
on which the first public announcement of the date of the special meeting was made.
Tower will, at its annual and special meeting scheduled for June 27, 2023, seek shareholder approval to
amend the articles of the Company to include the provisions of the Policy.
The full text of the Policy is available under the Company's SEDAR profile at www.sedar.com.
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, both 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 and the Nechako gold-silver project near Artemis’
Blackwater project.
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.