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Tower Resources closes final tranche of non-brokered private placement, raises $640,200

PUBT·07/21/2026 21:10:49
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Tower Resources closes final tranche of non-brokered private placement, raises $640,200
  • Tower Resources closed the final tranche of a non-brokered private placement, issuing 4,001,250 units at $0.16 for gross proceeds of $640,200.
  • Each unit included one common share, plus a half-warrant exercisable at $0.25 through July 17, 2027.
  • Proceeds earmarked for general working capital, corporate purposes.
  • Paid finder’s fees of $20,940 in cash, issued 130,875 finder’s warrants exercisable at $0.16 through July 17, 2027.
  • Directors bought 200,000 units; securities carry a hold period until Nov. 18, 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tower Resources Ltd. published the original content used to generate this news brief on July 21, 2026, and is solely responsible for the information contained therein.