Alliance Mining Reports on Bissett Gold Mine Camp Contract
March 15, 2021 TSX.v: ALM
Alliance Mining Reports on Bissett Gold Mine Camp Contract
Vancouver, British Columbia: Alliance Mining Corp. (TSX.V: ALM) (“Alliance” or the
“Company”) reports that Tiberius Gold Corp. (“Tiberius”), a private company, is in breach of its
obligations to the Company under a January 27, 2017 mineral property option agreement (the
“Option Agreement”). The Option Agreement property comprises 14 mineral claims located in
the Bissett gold camp in Manitoba (the “Property”). Despite Alliance having made all of the
option payments to acquire 100 percent of the Property, Tiberius has failed to transfer the claims
to Alliance. With its repeated requests to Tiberius failing to achieve any resolution to this
matter, the Company has instructed its legal counsel to enforce aggressively its entitlement to the
Property.
ON BEHALF OF THE BOARD
Chris Anderson
Director
FOR FURTHER INFORMATION PLEASE CONTACT:
Alliance Mining Corp.
(604) 488-3900
Investor Relations: 604-488-3900
E-mail: [email protected]
Forward-Looking Statement Cautions: This press release contains certain "forward-looking statements" within the meaning of Canadian
securities legislation, including statements relating to a breach of the Option Agreement (as defined above) and the Company legal action to
enforce its entitlement to the Property. Although the Company believes that such statements are reasonable based on current circumstances,
it can give no assurance that such expectations will prove to be correct. Forward-looking statements are statements that are not historical
facts, and by their nature, refer to future events. The Company cautions that forward-looking statements are based on the beliefs, estimates
and opinions of the Company's management on the date the statements are made and they involve a number of risks and uncertainties,
including the possibility the Company may not be successful in its legal action to enforce the performance of the Option Agreement.
There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those
anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims
any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or
otherwise, except as required by law or the policies of the TSX Venture Exchange. Readers are encouraged to review the Company’s complete
public disclosure record on SEDAR at www.sedar.com.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange)
accept responsibility for the adequacy or accuracy of this release.
Alliance Mining Corp.
888 Dunsmuir Street - Suite 888, Vancouver, B.C., V6C 3K4