Vancouver, British Columbia–(Newsfile Corp. – February 1, 2019) – Tower Resources Ltd. (TSXV: TWR) (OTCQB: TWRFF) (“Tower” or the “Company“) announces that Garett Macdonald has tendered his resignation as President, Chief Executive Officer and a director of the Company. Mr. Macdonald’s departure will be effective as of February 28, 2019 in order to assist in facilitating a smooth transition to new management. The Board of Directors is actively seeking a new President and CEO, and has identified a number of qualified candidates.
Gerald Shields, Chairman of Tower, stated: “On behalf of the Board I wish to thank Mr. Macdonald for his service to the Company and wish him well in his future endeavours.”
About Tower Resources
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 are the Rabbit North copper-gold porphyry project located between the New Afton and Highland Valley Copper mines, the Nechako gold project near New Gold’s Blackwater project and the More Creek and Voigtberg gold projects in the Golden Triangle area of Northern British Columbia.
On behalf of the Board of Directors, Tower Resources Ltd.
Gerald Shields – Chairman
This news release may contain statements which 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” and similar expressions, as they relate to the Company, or its management, are intended to identify such forward-looking statements. Investors are cautioned that any such forward-looking statements 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 in the forward-looking statements 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 or business conditions. There can be no assurances that such information will prove accurate and, therefore, readers are advised to rely on their own evaluation of such 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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