Business
Alianza Minerals Receives Funds from Property Payments and Announces Completion of Early Warrant Exercise Incentive Program
(TheNewswire) Vancouver, BC - TheNewswire - March 17, 2023 - Alianza Minerals L...
About this update from Silver North Resources Ltd.
[{"type":"text","content":"Alianza Minerals Receives Funds from Property Payments and Announces Completion of Early Warrant Exercise Incentive Program\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Vancouver, BC -\n \n \n TheNewswire -\n \n \n March 17, 2023 -\n \n \n Alianza Minerals Ltd.\n \n \n (“Alianza”)\n \n \n (TSXV:ANZ\n \n \n )\n \n \n (\n \n \n OTC:TARSF)\n \n wishes to\nannounce that during the current quarter, the Company received in\nexcess of $240,000 from its partners for property payments, a\nreclamation bond refund as well as from the early warrant incentive\nprogram (the \"Warrant Incentive Program\") as described in\nits press releases dated February 8, 2023 and February 13, 2023.\n \n \n The Warrant Incentive Program was completed on March 15, 2023 where\n439,300 warrants were exercised for gross proceeds of $21,965,\nresulting in the Company issuing 439,300 common shares and 439,300\nwhole incentive warrants (\"Incentive Warrants\").\n \n \n Each Incentive Warrant entitles the holder to purchase one additional\ncommon share at a price of $0.10 for a period of 24 months from the\ndate of issuance expiring on March 15, 2025. The Incentive Warrants\nand the common shares issuable on exercise thereof are subject to a\nfour-month hold period that commenced on the date of issuance of the\nIncentive Warrants pursuant to applicable Canadian securities laws.\n \n \n All warrants that were not exercised under the Warrant Incentive\nProgram expired on March 15, 2023.\n \n \n \n About Alianza Minerals Ltd.\n \n \n \n Alianza employs a discovery-focused business model of joint venture\nfunding and self-funded projects to maximize opportunity for\nexploration success. The Company’s primary asset is the Haldane\nsilver project and also currently has gold, silver and base metal\nprojects in Yukon Territory, Colorado, Nevada and Peru. Alianza has\none project (Tim, Yukon Territory) optioned out to Coeur Mining, Inc.\nand one optioned to Allied Copper within an alliance with Cloudbreak\nDiscovery PLC. Alianza is actively seeking partners on other projects.\nAlianza also holds certain royalties on projects in North and South\nAmerica.\n \n \n Alianza is listed on the TSX Venture Exchange under the symbol\n“ANZ” and trades on the OTCQB market in the U...