Alianza Minerals Ltd. announced a non-brokered private placement of 10,000,000 units at an issue price of CAD 0.075 per share for gross proceeds of up to CAD 750,000 on April 25, 2022. Each unit will consists of one common share and one-half of one common share purchase warrant. Each warrant will entitle the holder to purchase one common share of the company for a period of three year at a price of CAD 0.125 per common share.

The transaction is expected to close on or about mid May, 2022. The transaction is subjected all necessary regulatory approvals including the TSX Venture Exchange. The company will pay 7% in cash and 7% in finders warrants will paid to eligible parties.

All the securities issued will subject to a hold period of of four months and one day in accordance with applicable securities laws.