Mr. Joe Dhami reports

TOWER ANNOUNCES INCREASE TO NON-BROKERED FLOW-THROUGH PRIVATE PLACEMENT

Tower Resources Ltd. has increased its previously announced flow-through non-brokered private placement (see Oct. 8, 2025, press release). The company now intends to raise aggregate gross proceeds of up to $2,157,000. Under the offering, the company will issue up to 8,628,000 common shares in the capital of the company at 25 cents per share, which qualify as flow-through shares for the purposes of the Income Tax Act (Canada). The company intends to use the net proceeds from the offering for expenditures which qualify as Canadian exploration expenses, within the meaning of the Income Tax Act (Canada), primarily for a 3,000-metre diamond drilling program on the Rabbit North property. The company closed the first tranche of the offering on Oct. 14, 2025 (see Oct. 15, 2025, press release).

In connection with the offering, the company may pay a finder's fee in cash equal to 6 per cent of the gross proceeds raised and issue compensation warrants exercisable at 25 cents for one year from the date of issuance equal to 6 per cent of the total number of common shares sold to qualified non-related parties in accordance with the policies of the TSX Venture Exchange.

All securities issued under the offering, including securities issuable on exercise thereof, will be subject to a hold period expiring four months and one day from the date of issuance in accordance with the rules and policies of the exchange and applicable Canadian securities laws.

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 orogenic gold and porphyry copper-gold 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.

We seek Safe Harbor.