Mr. Joe Dhami reports

TOWER ANNOUNCES FINAL TRANCHE CLOSING OF NON-BROKERED FLOW-THROUGH PRIVATE PLACEMENT

Tower Resources Ltd. has closed the final tranche of its flow-through non-brokered private placement for aggregate gross proceeds of up to $2,157,000. Under the offering, the company issued a total of 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). In connection with the final tranche, the company issued 6,228,000 common shares for gross proceeds of $1,557,000. The company intends to use the net proceeds from the offering for expenditures that 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.

In connection with the final tranche, the company paid finders' fees of $92,100 in cash equal to 6 per cent of the gross proceeds raised and issued 368,400 compensation warrants, exercisable at 25 cents until Oct. 30, 2026, equal to 6 per cent of the total number of common shares sold to a qualified non-related party, in accordance with the policies of the TSX Venture Exchange.

All securities issued under the first tranche, including securities issuable on exercise thereof, will be subject to a hold period expiring March 3, 2026, 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.