Tower Resources Appoints Mr. Mark N.J. Ashcroft, P.Eng. as Technical Advisor
Tower Resources Appoints Mr. Mark N.J. Ashcroft, P.Eng. as Technical Advisor
Vancouver, B.C. ‐ May 17, 2018 ‐ Tower Resources Ltd., (“Tower” or the “Company”) (TSXV: TWR)
is pleased to announce the appointment of Mark Ashcroft as a technical advisor to the Company.
Mr. Ashcroft has been involved in the global mining industry an d the North American and
European debt and equity markets since 1990. Mr. Ashcroft is cu rrently the President & CEO of
Aurelius Minerals Ltd. He served as President & CEO of Stonegate Agricom Ltd. from 2008 to 2014,
where he successfully led the company to a $51.75 million IPO a nd listing on the TSX in 2010.
From 2007 to 2008, Mr. Ashcroft successfully developed the mini ng finance business of Versant
Partners in sales, trading and corporate finance. From 2003 to 2008 he worked with Toll Cross
Securities Inc., a boutique institutional firm in Toronto where he became Managing Director and
Head of Investment Banking. Fro m 2001 to 2003, he was a member of the Mining and Metals
Team at Standard Bank’s New York office, where he was responsible for providing metals trading
and project financing solutions to mid‐tier developers and producers in Canada and Latin America.
From 1999 to 2000, he was a member of the Mining and Metals Team of Barclays Capital, a leading
provider of project finance to the mining industry. From 1996 t o 1998, Mr. Ashcroft worked in
Mines Technical Services at Inco Limited’s Ontario Division, wh ere he qualified as a Professional
Engineer in Ontario. From 1990 to 1996, through his undergraduate studies, he worked in various
operating roles in North and South America and Australia. Mr. Ashcroft holds a Bachelor of
Engineering (Mining) degree from Laurentian University and a Master’s of Science (Finance,
Regulation and Risk Management) from the ISMA Centre of the University of Reading.
“ I a m v e r y p l e a s e d t o w e l c o m e M a r k t o t h e T o w e r t e a m , ” c o m m e n t ed Garett Macdonald,
President & CEO. “His extensive capital markets and project development experience will be
invaluable as we advance our highly prospective gold‐copper projects in British Columbia and
evaluate development projects to add to the Company.”
About Tower Resources
Tower is a Canadian based mineral exploration company focused o n the discovery and
advancement of economic mineral projects. The Company’s key exploration assets are the Rabbit
North copper‐gold porphyry project located between the New Afton and Highland Valley Copper
mines, the Nechako gold project near New Gold’s Blackwater project and the More Creek &
Voigtberg gold projects in the Golden Triangle area of Northern British Columbia.
On behalf of the Board of Directors,
Tower Resources Ltd.
Garett Macdonald – President, CEO & Director
(604) 558‐2565
www.towerresources.ca
Reader Advisory
This news release may contain st a t e m e n t s w h i c h c o n s t i t u t e “ f o r ward‐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”, “a nticipate”, “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 activi ties and involve risks and
uncertainties, and that the Company’s future business activitie s 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, s uccesses of the operations of t he Company, continued availability
of capital and financing and general economic, market or busine ss conditions. There can be no
assurances that such information will prove accurate and, there fore, 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 fo r the adequacy or accuracy of this
release.