Under the Offering, the Company issued 2,812,500 flow-through units (each, a 'FT Unit') at a price of
In connection with the Offering, the Company paid
All securities issued under the Offering, including securities issuable on exercise thereof, are subject to a hold period expiring
About Tower Resources
Tower is a Canadian based mineral exploration company focused on the discovery and advancement of economic mineral projects in the
Contact:
Tel: (778) 996-4730
Email: www.towerresources.ca
Reader Advisory
This news release contains statements that constitute 'forward-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,' 'anticipate,' 'believe,' 'estimate,' 'expect,' 'must,' 'next,' 'propose,' and similar expressions, as they relate to the Company or its management, are intended to identify such forward-looking information. Without limiting the generality of the foregoing statements, the proposed use of the proceeds of the Offering is forward-looking information. Investors are cautioned that statements including forward-looking information are not guarantees of future business activities and involve risks and uncertainties, and that the Company's future business activities may differ materially from those described in the forward-looking information as a result of various factors, including but not limited to fluctuations in market prices, successes of the operations of the Company, continued availability of capital and financing, and general economic, market, and business conditions. There can be no assurances that such forward-looking information will prove accurate, and therefore, readers are advised to rely on their own evaluation of the risks and uncertainties. The Company does not assume any obligation to update any forward-looking information except as required under the applicable securities laws.
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