Vancouver, British Columbia: Alliance Mining Corp. (TSX-v: ALM) (“Alliance” or the “Company”) is pleased to announce the engagement of Mr. Antony Claydon to perform investor relations services for the Company. Mr. Claydon has been retained to manage the Company’s strategic mix of corporate communications and investors relations services to increase investor awareness; and to introduce the Company to private investors, analysts, brokers, fund managers, and other key influencers in the mining industry and the investment community. The contract will be effective December 14th, 2017 for a period of up to twelve months, Mr. Claydon will receive $3,000.00 per month.
Alliance Mining Corp. has an option to acquire 100 per cent of the Red Rice Lake property located in the centre of the Bissett gold mine camp in Manitoba. The property is located close to the town of Bissett Manitoba and just four kilometres south from Klondex Mines’ producing True North mine.
The Rice Lake property claims are located within the Archean Rice Lake greenstone belt in southeastern Manitoba. This belt forms part of the Uchi Sub province that includes the Red Lake and Pickle Crow belts in Northwestern Ontario.
On Behalf of the Board of Directors,
FOR FURTHER INFORMATION PLEASE CONTACT:
Alliance Mining Corp.
888 Dunsmuir Street, Suite 888
Vancouver, BC Canada V6C 3K4
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release may contain forward-looking statements including but not limited to the Transaction, completion of a 43-101 technical report, comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, and the execution of the definitive agreement. This news release refers to historical reports with reserve and resource calculations and or estimations that no NI 43-101 compliant and therefore cannot be relied upon whatsoever. Such statements are made purely for reference and should not be relied upon for its accuracy or for investment purposes. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified by the use of forwarding-looking wording such as “may”, “expect”, “estimate”, “will”, “anticipate”, “intend”, “believe” and “continue” or the negative thereof or similar variations. Actual results may differ materially from those currently anticipated in such statements and the Company undertakes no obligation to update such statements, except as required by law. The reader is cautioned not to place undue reliance on any forward-looking information.
Forward-looking statements are based on the then-current expectations, beliefs, assumptions, estimates and forecasts about the business and the industry and markets in which the Company operates, including that: the current price of and demand for minerals being targeted by the Company will be sustained or will improve; the Company’s current exploration programs and objectives can be achieved; results of exploration activities; the Company will be able to obtain required exploration licences and other permits; general business and economic conditions will not change in a material adverse manner; financing will be available if and when needed on reasonable terms; the Company will not experience any material accident; and the Company will be able to identify and acquire additional mineral interests on reasonable terms or at all. Forward-looking statements are not guarantees of future performance and involve risks, uncertainties and assumptions which are difficult to predict. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including: that resource exploration and development is a speculative business; that the Company may lose or abandon its property interests or may fail to receive necessary licences and permits; equipment breakdowns; labour disputes; the increase in cost estimates and the potential for unexpected costs and expenses; the results of exploration activities; that environmental laws and regulations may become more onerous; that the Company may not be able to raise additional funds when necessary; potential defects in title to the Company’s properties; fluctuating prices of commodities; operating hazards and risks; competition; potential inability to find suitable acquisition opportunities and/or complete the same; and other risks and uncertainties listed in the Company’s public filings. These risks, as well as others, could cause actual results and events to vary significantly. Accordingly, readers should not place undue reliance on forward-looking statements and information, which are qualified in their entirety by this cautionary statement. There can be no assurance that forward-looking information, or the material factors or assumptions used to develop such forward looking information, will prove to be accurate. The Company does not undertake any obligations to release publicly any revisions for updating any voluntary forward-looking statements, except as required by applicable securities law.