TSXV:SNAG - Post Discussion
Post by
zack50 on Jun 18, 2021 4:10pm
Alianza Minerals Closes Flow-Through Private Placement
| Vancouver, BC - TheNewswire - June 16, 2021 - Alianza Minerals Ltd. (TSXV:ANZ) (OTC:TARSF) ("Alianza" or the "Company") is pleased to report that the financing announced on May 31, 2021 and June 9, 2021 has now been closed. A total of $1,261,240 from the issuance of the flow-through shares was raised to increase the size of the Company's Haldane Silver Project drill program in the Keno Hill District, Yukon. "We are delighted to have the continued support from our shareholders. Our drilling program at Haldane is well underway and with this financing closed, we will continue to follow up on the excellent results from the 2020 program," stated Jason Weber, P.Geo., President and CEO of Alianza. Financing Terms - Flow-Through Shares The flow-through shares will be eligible for a tax deduction for Canadian income tax payers for 2021. These shares were issued at $0.12 per share and the proceeds will be spent on qualifying exploration expenditures in the Yukon Territory. A total of 10,510,333 flow-through shares were issued at closing. Finder's fees of 7% in cash and 7% in finder's warrants were paid to eligible parties. All securities are subject to a four-month hold expiring on October 15, 2021. |
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