Alianza Minerals Financing Increased to $1 million
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
February 13, 2020 NR20-04
Alianza Minerals Financing Increased to $1 million
Alianza Minerals Ltd. (TSXV: ANZ OTC: TARSF) (“Alianza” or the “Company”) is
pleased to report that the $250,000 financing announced on January 30, 2020 has been
oversubscribed and increased to $1 million. The final amount raised will be announced
upon closing of the offering but it will be approximately 20 million units at $0.05 for a
total of $1,000,000.
Jason Weber, President & CEO, noted that “management appreciates the support of
shareholders and participants in the current financing, enabling us to significantly
expand the placement. We are very much looking forward to 2020 and our first drill
program in Nevada with our partner Hochschild PLC in April.”
Financing Terms
Each Unit is comprised of one common share and one common share purchase warrant
at $0.05 per unit. The warrant is valid for three years from the date of closing of the
offering and is exercisable at $0.10 to acquire one common share.
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 may be
participating in this offering. All securities are subject to a four-month hold from the date
of closing.
About Alianza Minerals Ltd.
Alianza employs a hybrid business model of joint venture funding and self-funded
exploration to maximize opportunity for exploration success. The Company currently
has gold, silver and base metal projects in Yukon Territory, British Columbia, Nevada
and Peru. Alianza currently has three projects optioned/leased out in Nevada and
Yukon Territory, and is actively exploring on three others. Alianza’s current partners
include Hochshild Mining PLC (LON: HOC) and Coeur Mining, Inc. (NYSE: CDE).
The Company has 82.4 million shares issued and outstanding and is listed on the TSX
Venture Exchange under the symbol “ANZ” and trades on the OTC 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) 687-3520
Fax: (888) 889-4874
Renmark Financial Communications Inc.
Melanie Barbeau
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 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.