Vancouver, British Columbia--(Newsfile Corp. - May 5, 2015) - Pacific Opportunity Capital Ltd. (the "POC") wishes to announce that upon the completion of the Plan of Arrangement between Alianza Minerals Ltd. (the "Company") (formerly Tarsis Resources Ltd.) and Estrella Gold Corporation on April 29, 2015 and the concurrent financing, POC and the controlling shareholder of POC, Mark T. Brown, own a total of 1,991,800 common shares of the Company.
POC and its controlling shareholder together own and control 1,991,800 common shares, 988,000 warrants and 150,000 options of the Company, representing approximately 14.5% (basic) and 21.1% (partially diluted) of the issued and outstanding common shares of the Company.
POC and its controlling shareholder acquired the common shares for investment purposes. POC and its controlling shareholder have no present intention to acquire ownership of, or control over, additional securities of the Company, but may choose to acquire additional securities of the Company in the future for investment purposes.
This news release is being issued pursuant to Part 3 of National Instrument 62-103 The Early Warning System and Related Take-Over Bid and Insider Reporting Issues of the Canadian Securities Administrators. A copy of the report filed by the Acquiror in connection with the acquisition of the Common Shares is available on the Company's SEDAR profile, and it can also be obtained directly from the Acquiror by contacting the Company at the number shown above.
Pacific Opportunity Capital Ltd.
Per: "Mark T. Brown"
President
For further information, please call: (604) 687-3520
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.