Alianza Minerals arranges $850,000 Financing $250,000 in Units for Exploration & Working Capital $600,000 in Flow Through for BC & Yukon Exploration
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
December 7, 2018 NR18-15
Alianza Minerals arranges $850,000 Financing
$250,000 in Units for Exploration & Working Capital
$600,000 in Flow Through for BC & Yukon Exploration
Vancouver B.C. – December 7, 2018 - Alianza Minerals Ltd. (TSXV:ANZ) (“Alianza”
or the “Company”) is pleased to report that it has arranged a financing of $850,000 to
further advance its projects in BC, Yukon, Nevada and Peru.
“This financing is the last piece required to carry out our next phase of work at the
Haldane silver project in the Keno District, Yukon. We recently received our permit and
this will provide the funds for additional trenching and our first drill test of this high-grade
silver target,” stated Jason Weber, P.Geo., President and CEO of Alianza. “This leads
into a very active 2019 with programs planned on several projects.”
Financing Terms – Non-Flow Through Shares
Each non-flow through unit is comprised of one common share and one common share
purchase warrant at $0.05. The warrant is valid for two years from the date of closing of
the offering and is exercisable at $0.10 to acquire one common share.
Financing Terms – Flow Through Shares
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 $0.06 per share and the
proceeds will be spent on qualifying exploration expenditures in British Columbia and
Yukon Territory.
Finder’s fees of 7.5% in cash and 7.5% in finder’s warrants will be paid to eligible
parties. Members of Alianza’s board of directors and management team will be
participating in this offering.
Use of Proceeds
Alianza will use proceeds of this financing to advance its Haldane silver project in the
Keno District, Yukon. The 2018 field program identified a new silver vein target at the
Bighorn Anomaly, 2.5 km from known mineralization at the MHVS targets where work
extended the potential strike length to over 3.5 km. Trenching and/or drilling are planned
for these targets.
A portion of the funds will also be used to advance earlier-stage projects to the drill-
ready stage, to find partners for existing projects and to identify new exploration projects
in key jurisdictions. Field programs are planned for the newly-acquired high-grade KRL
gold property in the Golden Triangle, BC and are being considered for the Bellview, BP
(Nevada) and Tim (Yukon) properties to identify and prioritize drill targets.
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, Nevada and
Peru.
The Company has 45.1 million shares issued and outstanding and is listed on the TSX
Venture Exchange (TSX-V: ANZ).
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) 687-3520
Fax: (888) 889-4874
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 HISTORIC AL INFORMATION, INCL UDING STATEMENTS
RELATING TO THE COMP ANY'S FUTURE PLANS A ND OBJECTIVES OR EXP ECTED RESULTS,
MAY INCLUDE FORW ARD-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 DESCRIBE D IN THE FORWARD -
LOOKING STATEMENTS.