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Alianza Minerals Private Placement Fully Subscribed

Financings

6212913 v2

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

NR 22-09

Alianza Minerals Private Placement Fully Subscribed

Not for distribution to United States Newswire Services or for dissemination in the United States

Vancouver, BC, May 13, 2022 - Alianza Minerals Ltd. (TSX-V: ANZ, OTCQB: TARSF)

(“Alianza” or the “Company”) is pleased to announce the non-brokered private placement of

10 million Units of the Company at a price of $0.075 per Unit for gross proceeds to the

Company of up to $750,000 (the “Offering”) is fully subscribed and will be closed shortly.

Each Unit is comprised of one common share and one half of a common share purchase

warrant. Each full common share purchase warrant will entitle the holder to purchase one

common share for a period of three years from closing of the placement for $0.125 per

common share. The common share purchase warrants are non-transferable.

The proceeds from this private placement will be used to fund various activities of Alianza

including exploration conducted outside of Canada, project generation and marketing of

projects in 2022, and other corporate overhead costs.

Jason Weber, President and CEO of Alianza, noted that “We appreciate the support of those

who took part in this financing. We are looking forward to a very busy 2022, building on the

high-grade silver results from our Haldane Project in the historic Keno Hill District in 2021, as

well as our base and precious metals we will advance with our partners.”

The closing of the Offering is expected to occur shortly, and is subject to receipt of all

necessary regulatory approvals including the TSX Venture Exchange (the “TSXV”). No finder’s

fees will be paid. The common shares and warrants issued with respect to the Offering will be

subject to a hold period of four months and one day in accordance with applicable securities

laws.

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 is a discovery focused minerals exploration company, working to provide metals for the

modern economy following best ESG practices. Alianza has ongoing exploration programs at

the 100% owned flagship Haldane Silver Project in the prolific Keno Hill District, Yukon

6212913 v2

Territory. Additionally, the Company has a portfolio of gold, silver and base metal projects in

Yukon Territory, British Columbia, Colorado, Nevada and Peru. Alianza has one silver project

(Tim, Yukon Territory) optioned to Coeur Mining, Inc., two copper projects (Klondike and

Stateline, Colorado) optioned to Allied Copper Corp. and is actively seeking partners to

advance 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.

Scott Logan

[email protected]

Tel: (416) 644-2020 or (212) 812-7680

www.renmarkfinancial.com

To learn more visit: www.alianzaminerals.com

Twitter: https://twitter.com/AlianzaMinerals

LinkedIn: https://www.linkedin.com/company/alianza-minerals-ltd

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 R ISKS AND

UNCERTAINTIES INHERENT IN RESOURCE EXPLORATION AND DEVELOPMENT. AS A RESULT,

ACTUAL RESULTS MAY VARY MATERIALLY FROM THOSE DESCRIBED IN THE FORWARD-

LOOKING STATEMENTS.