Tarsis Resources Ltd. and Estrella Gold Corporation to Form Alianza Minerals Ltd.
Tarsis Resources Ltd. and Estrella Gold Corporation have agreed to combine to form Alianza Resources Ltd. The new company will be a prospect generator focused on the Americas, particularly the Cordilleran regions that characterize western North and South America. The new Company will have four projects in Peru, ten in Nevada, three in Mexico, and five in Yukon and the flexibility to acquire new projects in the Americas as opportunities arise. The proposed transaction has been unanimously approved by both companys Boards of Directors. The parties have entered into an arrangement agreement pursuant to which Tarsis will acquire Estrellas shares on a one for one basis. Tarsis will also complete a share consolidation and financing concurrent with the acquisition.