Business
Payment of Referral Fee Under The Sandstorm Royalty Transaction
(via TheNewswire) NOT FOR DISSEMINAITON IN THE UNITED STATES OR THROUGH UNITED STATES NEWS...
About this update from Tower Resources Ltd.
[{"type":"text","content":"Payment of Referral Fee Under The Sandstorm Royalty Transaction(via TheNewswire)\n\n \nNOT FOR DISSEMINAITON IN THE UNITED STATES OR THROUGH UNITED STATES NEWSWIRE SERVICES\n\n \n \nVANCOUVER B.C. / TheNewswire / May 9, 2017 - Tower Resources Ltd. (\"Tower\" or the \"Company\") further to the Company's news release April 6, 2017, the Company has paid $25,000 in cash and issued 172,413 share purchase warrants (the \"Warrants\") (together, the \"Referral Fee\") to Canaccord Genuity Corp. in connection with the completion of the Sandstorm Royalty transaction. Each Warrant is exercisable to purchase one common share at a price of $0.22 per common share until May 1, 2022. The Warrants are subject to a statutory hold period expiring September 2, 2017.\n\n\n \nThe Referral Fee was approved by the TSX Venture Exchange on April 24, 2017. \n\n\n \nThis news release does not constitute an offer to sell or the solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the U.S. Securities Act of 1933 or any state securities laws, and may not be offered or sold in the United States without registration under the U.S. Securities Act of 1933 and all applicable state securities laws, or an applicable exemption from registration requirements.\n\n \n \nAbout Tower Resources\n\n \n \nTower Resources Ltd. (TWR.V) is a Vancouver-based junior mineral exploration company focused on the discovery and advancement of economic mineral properties, primarily in British Columbia. The company's key exploration assets are Rabbit North, Nechako Gold and More Creek.\n\n \n \nFor further information contact:\n\n \n \nMark Vanry - Director, CEO & President\n\n\n \n(604) 558-2565\n\n\n \[email protected]\n\n\n \nwww.towerresources.ca\n\n \n \nNeither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.\n\n \n \nForward-Looking Statement Caution\n\n\n \nThis news release contains certain \"forward-looking statements\", as defined in the United States Private Securities Litigation Reform Act of 1995, and within the meaning of Canadian securities legislation. The Company cautions that forward-looking statements are based on the beliefs, estimates and opinions of the Company's ma...