Alianza Minerals Ltd. (TSXV:ANZ) announced a non-brokered private placement of 10,000,000 flow-through common shares at an issue price of CAD 0.12 per share for gross proceeds of up to CAD 1,200,000 on May 31, 2021. The transaction is expected to close on or about June 14, 2021. 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. Each finder's warrant is exercisable into one common share at CAD 0.12 for a period of 24 months. The flow-through shares issued with respect to the transaction will be subject to a hold period of four months and one day. On June 9, 2021, the company announced that the transaction is now fully subscribed and will shortly close.