Alianza Minerals Arranges $500,000 Financing $300,000 in Units for Exploration & Working Capital $200,000 in Flow Through for Yukon Exploration Application for Yukon Mineral Exploration Program Grant Filed
Trading Symbol (TSX-V: ANZ)
410-325 Howe Street
Vancouver, British Columbia
Canada V6C 1Z7
Tel: (604) 687 3520
Fax: 1-888-889-4874
www.alianzaminerals.com
March 27, 2018 NR18-06
Alianza Minerals Arranges $500,000 Financing
$300,000 in Units for Exploration & Working Capital
$200,000 in Flow Through for Yukon Exploration
Application for Yukon Mineral Exploration Program Grant Filed
Vancouver B.C. – March 27, 2018 - Alianza Minerals Ltd. (TSXV:ANZ) (“Alianza” or
the “Company”) is pleased to report that it has arranged a private placement of Units
to raise $300,000 and a private placement of Flow Through shares to raise $200,000.
Jason Weber, President and CEO, noted that “We are happy to have supportive
shareholders and will put these funds to good use as we have in prior years. In 2017,
the bulk of the financing raised was spent on exploration of the Horsethief Gold Project
in Nevada which is now ready for JV or drilling. This year we have plans to advance the
Haldane Silver Project, among others, and this financing will allow us to get that work
done. “
Financing Terms
Each Unit is comprised of one common share and one common share purchase warrant
at $0.10. The warrant is valid for two years from the date of closing of the offering and is
exercisable at $0.15 to acquire one common share.
The Flow Through Shares will be eligible for a tax deduction for Canadian income tax
payers for the 2018 year. These shares will be issued at $0.10 per share and the
proceeds will be spent on qualifying exploration expenditures on Alianza’s projects in
the Yukon Territory and mainly on the recently acquired Haldane Silver Property in the
Keno Hill Area.
Finder’s fees will be paid to eligible parties and members of Alianza’s Board of Directors
and Management team will be participating in this offering.
YMEP Application
Alianza is also in the process of filing an application for a grant of up to $40,000 under
the Yukon Mineral Exploration Program. Alianza may receive all or none of these funds,
and any amount received will be used to further the exploration program to be
conducted by Equity Exploration Consultants Ltd. on Alianza’s Haldane Silver Project
adjacent to the Keno Hill Silver District.
About Alianza Minerals Ltd.
Alianza increases the chances of success in mineral exploration by using the Prospect
Generator business model, focussing on gold and copper exploration in Latin America
and Nevada.
The Company has 37.4 million shares issued and outstanding, and is listed on the TSX
Venture Exchange (TSX-V: ANZ).
Mr. Murray Jones, MSc, P.Geo., of Equity Exploration Consultants Ltd. is a Qualified
Person as defined by National Instrument 43-101. Mr. Jones 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) 687-3520
Fax: (888) 889-4874
To learn more visit: www.alianzaminerals.com
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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 HISTORIC AL INFORMATION, INCL UDING STATEMENTS
RELATING TO THE COMP ANY'S FUTURE PLANS A ND OBJECTIVES OR EXP ECTED RESULTS,
MAY INCLUDE FORWARD -LOOKING STATEMENTS. FORWARD-LOOKING STATEMENTS A RE
BASED ON NUMEROUS AS SUMPTIONS AND ARE SU BJECT TO ALL OF THE RISKS AND
UNCERTAINTIES INHERE NT IN RESOURCE EXPLO RATION AND DEVELOPME NT. AS A RESULT,
ACTUAL RESULTS MAY V ARY MATERIALLY FROM THOSE DESCRIBED IN T HE FORWARD -
LOOKING STATEMENTS.