Business
Alianza Minerals Closes Flow-Through Private Placement
(TheNewswire) Vancouver, BC – TheNewswire - June 16, 2021 - Al...
About this update from Silver North Resources Ltd.
[{"type":"text","content":"Alianza Minerals Closes Flow-Through Private Placement\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n Vancouver, BC –\n \n \n TheNewswire -\n \n \n June 16, 2021 - Alianza Minerals\nLtd.\n \n (\n \n TSXV:ANZ\n \n \n )\n \n \n (\n \n \n OTC:TARSF\n \n ) (“\n \n Alianza”\n \n or the\n \n “Company”\n \n ) is pleased to report\nthat the financing announced on May 31, 2021 and June 9, 2021 has now\nbeen closed.  A total of $1,261,240 from the issuance of the\nflow-through shares was raised to increase the size of the Company’s\nHaldane Silver Project drill program in the Keno Hill District, Yukon.\n \n \n “We are delighted to have the continued support from our\nshareholders. Our drilling program at Haldane is well underway and\nwith this financing closed, we will continue to follow up on the\nexcellent results from the 2020 program,” stated Jason Weber,\nP.Geo., President and CEO of Alianza.\n \n \n \n Financing Terms – Flow-Through\nShares\n \n \n \n The flow-through shares will be eligible for a tax deduction for\nCanadian income tax payers for 2021. These shares were issued at $0.12\nper share and the proceeds will be spent on qualifying exploration\nexpenditures in the Yukon Territory. A total of 10,510,333\nflow-through shares were issued at closing.\n \n \n Finder’s fees of 7% in cash and 7% in finder’s warrants were paid\nto eligible parties. All securities are subject to a four-month hold\nexpiring on October 15, 2021.\n \n \n This news release does not constitute an offer of securities for sale\nin the United States. The securities being offered have not been, nor\nwill they be, registered under the United States Securities Act of\n1933, as amended, and such securities may not be offered or sold\nwithin the United States absent U.S. registration or an applicable\nexemption from U.S. registration requirements.\n \n \n \n About Alianza Minerals Ltd.\n \n \n \n Alianza employs a hybrid business model of joint venture funding and\nself-funded projects to maximize opportunity for exploration success.\nThe Company currently has gold, silver and base metal projects in\nYukon Territory, British Columbia, Colorado, Nevada and Peru. Alianza\ncurrently has one project (Tim, Yukon Territory) optioned out to Coeur\nMining, Inc. and a copper exploration al...