- Alianza Minerals (ANZ) has announced a non-brokered private placement for gross proceeds of up to $750,000
- The company will issue up to 10 million units at a price of $0.075 per unit
- The proceeds will be used to fund exploration, project generation, investor relations and other corporate initiatives
- Alianza Minerals is a Canada-based exploration company
- Alianza Minerals Ltd. (ANZ) is up 7.14 per cent on the day, trading at C$0.075 per share at 3:15 pm ET
Alianza Minerals (ANZ) has announced a non-brokered private placement for gross proceeds of up to $750,000.
The company will issue up to 10 million units at a price of $0.075 per unit.
Each unit includes one common share and one-half of a common share purchase warrant. Each full purchase warrant will entitle the holder to purchase one additional common share for $0.125 per common share for a period of three years.
The proceeds will be used to fund exploration, project generation, investor relations and other corporate overhead costs.
Jason Weber, President and CEO of Alianza commented on the company’s plans.
“After strong silver exploration results in 2021, we are making plans for further drilling at Haldane and will continue to advance our other projects focused on copper, silver and gold with our optionee partners.”
The offering is expected to occur in mid-May, 2022, and is subject to receipt of all necessary regulatory approvals.
Finder’s fees will be paid to eligible parties.
The common shares and warrants issued will be subject to a four-month hold period.
Alianza Minerals is a Canada-based exploration company engaged in the acquisition and exploration of mineral properties.
Alianza Minerals Ltd. (ANZ) is up 7.14 per cent on the day, trading at C$0.075 per share at 3:15 pm ET.