Business
Alianza Minerals Financing Fully Subscribed
(TheNewswire) Vancouver, B.C. - TheNewswire - October 8, ...
About this update from Silver North Resources Ltd.
[{"type":"text","content":"Alianza Minerals Financing Fully Subscribed\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Vancouver, B.C. -\n \n \n TheNewswire -\n \n \n October 8, 2020 - Alianza Minerals Ltd.\n(TSXV:ANZ\n \n \n )\n \n \n (\n \n \n OTC:TARSF)\n \n \n (\"\n \n \n Alianza\n \n \n \" or the\n\"\n \n \n Company\n \n \n \") is pleased to announce that the private placements of\nFlow-Through Shares and Units are now fully subscribe\n \n \n \n \n d and the offerings will close\nshortly. The Flow-Through Shares were offered at $0.155 per share and\nthe Unit offering is priced at $0.135 per unit, where each unit\nconsists of one share and one half warrant, with each full warrant\nexchangeable for one share at $0.20. The Flow-Through Shares offering\nwas increased by $651,575 from the $1.5 million announced initially.\nTo compensate, the Units offering was decreased by $350,000. In\naddition, Alianza has recently received $337,000 from exercises of\nwarrants and finders' warrants.\n \n \n \n \n Jason Weber, President and CEO of Alianza, noted that\n\"We are thankful to our shareholders, both existing and new, for\nsupporting us in this financing. We now look forward to commencing\ndrilling at our Haldane silver project in Yukon's Keno Hill\nDistrict.\"\n \n \n \n \n This news release does not constitute an offer of\nsecurities for sale in the United States. The securities being offered\nhave not been, nor will they be, registered under the United States\nSecurities Act of 1933, as amended, and such securities may not be\noffered or sold within the United States absent U.S. registration or\nan applicable exemption from U.S. registration requirements.\n \n \n \n \n About Alianza Minerals Ltd.\n \n \n \n \n Alianza employs a hybrid business model of joint\nventure funding and self-funded projects to maximize opportunity for\nexploration success. The Company currently has gold, silver and base\nmetal projects in Yukon Territory, British Columbia, Nevada and Peru.\nAlianza currently has two projects optioned out in Nevada and Yukon\nTerritory, and is actively exploring on two others. Alianza's current\npartners include Hochschild Mining PLC and Coeur Mining, Inc.\n \n \n \n \n The Company is listed on the TSX Venture Exchange under\nthe symbol \"ANZ\" and trades on the OTC market in the US\nunder the symbol TARSF.\n \n \n \n \n M...