Mr. Joe Dhami reports

TOWER ENGAGES SIMONE CAPITAL FOR INVESTOR RELATIONS SERVICES

Tower Resources Ltd. has entered into a consulting agreement with Simone Capital Corp. dated July 29, 2026, and effective Aug. 1, 2026. Under the consulting agreement, Simone Capital will provide investor relations and capital market advisory services to the company on a month-to-month basis. Either party may terminate the consulting agreement on 30 days prior written notice. The services will include non-deal and deal road shows, co-ordinating introductory meetings and presentations with prospective investors, daily outreach to the investment community, telephone and e-mail campaigns, social media activities, webinars, and capital market advisory services.

As consideration for the services, the company will pay Simone Capital a cash fee of $6,500 per month, plus applicable taxes, payable monthly from the company's working capital. No securities, stock options, warrants or other equity-based compensation will be issued to Simone Capital under the consulting agreement.

Simone Capital is an Ontario corporation that provides investor relations and capital market advisory services. Simone Capital is owned and controlled by Anthony Simone, its president, who will be the individual principally responsible for providing the services to the company. Simone Capital and Mr. Simone are arm's length to the company. On July 17, 2026, Simone Capital participated in the company's private placement by acquiring 87,500 units at a price of 16 cents per unit. Each unit consisted of one common share of the company and one-half of one common share purchase warrant, resulting in Simone Capital acquiring 87,500 common shares and 43,750 warrants. Each warrant is exercisable to acquire one additional common share of the company at a price of 25 cents until July 17, 2027. Simone Capital currently owns an aggregate of 100,000 common shares of the company, inclusive of the 87,500 common shares acquired in the private placement, together with the 43,750 warrants described above. Except for those securities, neither Simone Capital nor Mr. Simone has any direct or indirect interest in the company or its securities, or any right or present intention to acquire such an interest.

The consulting agreement and the engagement of Simone Capital remain subject to the acceptance of the TSX Venture Exchange.

About Tower Resources Ltd.

Tower Resources is a mineral exploration company focused on the advancement of its 100-per-cent-owned Rabbit North gold project located in the Kamloops mining division of British Columbia and the evaluation of additional exploration opportunities in Canada.

We seek Safe Harbor.