(TheNewswire)
Vancouver, BC - TheNewswire - April 25, 2022 - Alianza Minerals Ltd. (TSXV:ANZ ) ( OTC:TARSF) (“ Alianza ” or the “ Company ”) is pleased to announce a non-brokered privateplacement of 10 million Units of the Company at a price of C$0.075 perUnit for gross proceeds to the Company of up to $750,000 (the “ Offering ”).
Each Unit is comprised of one common share and one half of a commonshare purchase warrant. Each full common share purchase warrant willentitle the holder to purchase one common share for a period of threeyears from closing of the placement for $0.125 per common share. Thecommon share purchase warrants are non-transferable.
The proceeds from this private placement will be used to fund variousactivities of Alianza including exploration conducted outside ofCanada, project generation and marketing of projects in 2022, investorrelations out-reach programs and other corporate overhead costs.
Jason Weber, President and CEO of Alianza, noted that “After strongsilver exploration results in 2021, we are making plans for furtherdrilling at Haldane and will continue to advance our other projectsfocused on copper, silver and gold with our optionee partners.”
The closing of the Offering is expected to occur in mid-May, 2022, andis subject to receipt of all necessary regulatory approvals includingthe TSX Venture Exchange (the “TSXV”). Finder’s fees of 7% incash will be paid to eligible parties. The common shares and warrantsissued with respect to the Offering will be subject to a hold periodof four months and one day in accordance with applicable securitieslaws.
This news release does not constitute an offer of securities for salein the United States. The securities being offered have not been, norwill they be, registered under the United States Securities Act of1933, as amended, and such securities may not be offered or soldwithin the United States absent U.S. registration or an applicableexemption from U.S. registration requirements.
About Alianza Minerals Ltd.
Alianza is a discovery focused minerals exploration company, workingto provide metals for the modern economy following best ESG practices.Alianza has ongoing exploration programs at the 100% owned flagshipHaldane Silver Project in the prolific Keno Hill District, YukonTerritory. Additionally, the Company has a portfolio of gold, silverand base metal projects in YukonTerritory, British Columbia, Colorado, Nevada and Peru. Alianza hasone silver project (Tim, Yukon Territory) optioned to Coeur Mining,Inc., two copper projects (Klondike and Stateline, Colorado) optionedto Allied Copper Corp. and is actively seeking partners to advanceother projects.
The Company is listed on the TSX Venture Exchange under the symbol“ANZ” and trades on the OTCQB market in the US under the symbol“TARSF”.
Mr. Jason Weber, P.Geo., President and CEO of Alianza Minerals Ltd. isa Qualified Person as defined by National Instrument 43-101. Mr. Webersupervised the preparation of the technical information contained inthis release.
For further information,contact:
Jason Weber, President and CEO
Sandrine Lam, Shareholder Communications
Tel: (604) 807-7217
Fax: (888) 889-4874
Renmark Financial Communications Inc.
Scott Logan
slogan@renmarkfinancial.com
Tel: (416) 644-2020 or (212) 812-7680
To learn more visit: www.alianzaminerals.com
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NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATIONSERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSXVENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACYOF THIS RELEASE. STATEMENTS IN THIS NEWS RELEASE, OTHER THAN PURELYHISTORICAL INFORMATION, INCLUDING STATEMENTS RELATING TO THE COMPANY'SFUTURE PLANS AND OBJECTIVES OR EXPECTED RESULTS, MAY INCLUDEFORWARD-LOOKING STATEMENTS. FORWARD-LOOKING STATEMENTS ARE BASED ONNUMEROUS ASSUMPTIONS AND ARE SUBJECT TO ALL OF THE RISKS ANDUNCERTAINTIES INHERENT IN RESOURCE EXPLORATION AND DEVELOPMENT. AS ARESULT, ACTUAL RESULTS MAY VARY MATERIALLY FROM THOSE DESCRIBED IN THEFORWARD-LOOKING STATEMENTS.
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