alianza logo 2021

Alianza Minerals Closes Flow-Through Private Placement

 

(TheNewswire)

   

Vancouver, BC TheNewswire - June 16, 2021 - Alianza Minerals Ltd. ( TSXV:ANZ ) ( OTC:TARSF ) (" Alianza" or the "Company" ) is pleased to report that the financing announced on May 31, 2021 and June 9, 2021 has now been closed.  A total of $1,261,240 from the issuance of the flow-through shares was raised to increase the size of the Company's Haldane Silver Project drill program in the Keno Hill District, Yukon.

 

"We are delighted to have the continued support from our shareholders. Our drilling program at Haldane is well underway and with this financing closed, we will continue to follow up on the excellent results from the 2020 program," stated Jason Weber, P.Geo., President and CEO of Alianza.

 

  Financing Terms – Flow-Through Shares  

 

The flow-through shares will be eligible for a tax deduction for Canadian income tax payers for 2021. These shares were issued at $0.12 per share and the proceeds will be spent on qualifying exploration expenditures in the Yukon Territory. A total of 10,510,333 flow-through shares were issued at closing.

 

Finder's fees of 7% in cash and 7% in finder's warrants were paid to eligible parties. All securities are subject to a four-month hold expiring on October 15, 2021.

 

This news release does not constitute an offer of securities for sale in the United States. The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and such securities may not be offered or sold within the United States absent U.S. registration or an applicable exemption from U.S. registration requirements.

 

  About Alianza Minerals Ltd.  

 

Alianza employs a hybrid business model of joint venture funding and self-funded projects to maximize opportunity for exploration success. The Company currently has gold, silver and base metal projects in Yukon Territory, British Columbia, Colorado, Nevada and Peru. Alianza currently has one project (Tim, Yukon Territory) optioned out to Coeur Mining, Inc. and a copper exploration alliance in the southwestern United States with Imperial X PLC, soon to change its name to Cloudbreak Discovery PLC. Alianza also is seeking partners on other 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. is a Qualified Person as defined by National Instrument 43-101. Mr. Weber supervised the preparation of the technical information contained in this 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.

 

Melanie Barbeau

 

mbarbeau@renmarkfinancial.com

 

Tel: (416) 644-2020 or (514) 939-3989

 

   www.renmarkfinancial.com   

 

  To learn more visit:     www.alianzaminerals.com    

 
 
 

  NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. STATEMENTS IN THIS NEWS RELEASE, OTHER THAN PURELY HISTORICAL INFORMATION, INCLUDING STATEMENTS RELATING TO THE COMPANY'S FUTURE PLANS AND OBJECTIVES OR EXPECTED RESULTS, MAY INCLUDE FORWARD-LOOKING STATEMENTS. FORWARD-LOOKING STATEMENTS ARE BASED ON NUMEROUS ASSUMPTIONS AND ARE SUBJECT TO ALL OF THE RISKS AND UNCERTAINTIES INHERENT IN RESOURCE EXPLORATION AND DEVELOPMENT. AS A RESULT, ACTUAL RESULTS MAY VARY MATERIALLY FROM THOSE DESCRIBED IN THE FORWARD-LOOKING STATEMENTS.  

 

Copyright (c) 2021 TheNewswire - All rights reserved.

 

News Provided by TheNewsWire via QuoteMedia

The Conversation (0)
Silver and gold bullion bars stacked on a reflective surface, black background.

Bert Dohmen: Gold, Silver Key as Stock Market Bull Trap Looms

Bert Dohmen, founder and CEO of Dohmen Capital Research, sees physical gold and silver as key safe havens as a potential bull trap in the broad stock market plays out.

"We said we're probably going to go to a new high in a major, widely watched index like the S&P 500 (INDEXSP:.INX). It's going to be by a small amount a new high, and that's going to close the bull trap," he said.

Keep reading...Show less
Gold bars on financial charts and a notebook.

Top 5 ASX Gold Stocks of 2025

Gold continued to perform well through the second quarter of 2025, reaching a new all-time high of AU$5,425 per ounce on April 22.

The price surge has occurred amid volatile equity and financial markets since the start of the year, driven by concerns over a global trade war and escalating geopolitical tensions in the Middle East.

The rising gold price has also been supported by uncertainty over a looming debt crisis in the United States. Some investors have turned away from dollar-denominated haven assets, such as US Treasuries, in favour of precious metals like gold.

Keep reading...Show less
Gold nugget displayed on an antique balance scale with a dark background.

Meeka Metals Reports First Gold Pour at Murchison Project

Meeka Metals (ASX:MEK) has poured the first gold at its flagship Murchison project in Western Australia.

The pour happened on Tuesday (July 1), and in a Wednesday (July 2) press release, the company said the project’s production is in line with schedule, happening within 12 months of breaking ground.

Murchison sits near several multimillion-ounce gold mines and hosts a large, high-grade resource of 1.2 million ounces at 3 grams per tonne (g/t) gold on granted mining leases.

Keep reading...Show less
Sun Summit Minerals (TSXV:SMN)

Sun Summit Minerals

Keep reading...Show less

Latest Press Releases

Related News

×