01:01:31 EDT Fri 03 May 2024
Enter Symbol
or Name
USA
CA



Tower Resources Ltd
Symbol TWR
Shares Issued 145,000,000
Close 2023-10-19 C$ 0.10
Market Cap C$ 14,500,000
Recent Sedar Documents

Tower Resources grants options to buy 2.6M shares

2023-10-19 18:22 ET - News Release

Mr. Joe Dhami reports

TOWER ANNOUNCES ISSUANCE OF EQUITY INCENTIVES

Tower Resources Ltd. has approved, subject to acceptance by the TSX Venture Exchange, the grant of 2.6 million incentive stock options to acquire common shares in the capital of the company. One million eight hundred thousand 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 Oct. 19, 2028, at 12 cents 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 Ltd.

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 British Columbia, 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's Blackwater project and the More Creek epithermal gold project on the critical red line structural zone connecting the mineral deposits of the Golden Triangle.

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