Tower Resources (TSE:TWR) has released an update.
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Tower Resources Ltd. is set to raise $408,000 through a non-brokered private placement, offering 3.4 million flow-through units at $0.12 each, including warrants. These funds are earmarked for Canadian Exploration Expenses, with a finder’s fee applicable for non-related parties. The securities will be subject to a four-month hold period post-issuance.
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