- Alianza Minerals (ANZ) is pleased to announce a non-brokered private placement for gross proceeds of up to $1 million
- The company will issue 20 million flow-through shares at a price of C$0.05 per share
- The proceeds will be used to fund exploration at the company’s Haldane Silver Project in Yukon
- Alianza Minerals is a Canada-based exploration company
- Alianza Minerals Ltd. (ANZ) is unchanged, trading at C$0.035 per share at 3 pm ET
Alianza Minerals (ANZ) is pleased to announce a non-brokered private placement for gross proceeds of up to $1 million.
The company will issue 20 million flow-through shares at a price of C$0.05 per share.
The proceeds will be used to fund exploration at the company’s Haldane Silver Project in Yukon. Previous drilling on the Haldane Silver Project recently discovered high-grade silver mineralization. Drilling in 2023 will target the expansion of the West Fault target as well as other targets such as the Bighorn discovery.
Jason Weber, P.Geo., President and CEO of Alianza, commented on the capital raise.
“We are very pleased with the support from our shareholders and investors, who are as eager as we are to advance the exploration programs at Haldane and continue to expand the potential for high-grade silver deposits in one of the world’s highest-grade silver districts.”
The offering is expected to close on December 20 and is subject to receipt of all necessary regulatory approvals.
The common shares issued will be subject to a statutory four-month hold period.
Alianza Minerals is a Canada-based exploration company engaged in the acquisition and exploration of mineral properties. Some of its properties include Yanac Project, Horsethief, Bellview, Twin Canyon, BP Project, Haldane, and KRL. Its geographical segments include the United States, Canada, and Peru.
Alianza Minerals Ltd. (ANZ) is unchanged, trading at C$0.035 per share at 3 pm ET.