Alliance Mining Corp. (TSXV:ALM) announced a non-brokered private placement of 1,300,000 units at CAD 0.10 per unit for gross proceeds of CAD 130,000 on December 28, 2012. Each unit consists of one common share and one share purchase warrant. Each warrant is exercisable at CAD 0.12 per share for a period of 12 months. The securities issued in the transaction shall be subject to a four month hold period. Closing of transaction is conditional upon approval of the TSX Venture Exchange.

On December 31, 2012, the company announced that TSX Venture Exchange has accepted for filing documentation for 1,000,000 units to two placees.

On January 9, 2013, Alliance Mining Corp. closed the transaction. The company issued 1,000,000 units for gross proceeds of CAD 100,000.