Alliance Mining Corp. to Apply to List on the OTCQB Venture Market

VANCOUVER, October 23, 2018 - Alliance Mining Corp. (TSX.V: ALM) ("Alliance" or the "Company") is applying to list on the on the OTCQB Venture Market. The OTCQB Venture Market provides efficient access to U.S. investors, helping Canadian companies build shareholder value with a goal of enhancing liquidity and achieving fair valuation. Through trading on OTCQB, companies can engage a far greater network of U.S. investor, data distributors and media partners, ensuring U.S. investors have access to the same high-quality information that is available to investors in Canada, but through U.S. platforms and portals used to conduct research.

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Havilah Mining's True North Mine/Mill Complex 4 kilometres from Alliance's Packsack Property

Alliance Mining has an option to acquire 100 per cent of the Red Rice Lake property located in the centre of the Bissett gold camp in Manitoba. The property is located close to the town of Bissett, Man., and just four kilometres south from Havilah Mining's True North gold mine. The Red Rice Lake gold property claims are located within the Archean Rice Lake greenstone belt in southeastern Manitoba. This belt forms part of the Uchi subprovince that includes the Red Lake and Pickle Lake belts in Northwestern Ontario.

Alliance Mining Corp. has recently signed a letter of intent with Jadestone Energy LLC to acquire a 100-per-cent interest in Jadestone's Tonopah uranium project. The Tonopah uranium project is located in the Tonopah mining district in Nye county and Esmerelda county, Nevada. The company is working with Jadestone to finalize a definitive agreement.

ON BEHALF OF THE BOARD

Al Beaton
Director

FOR FURTHER INFORMATION PLEASE CONTACT:
Alliance Mining Corp.
(604) 488-3900

This press release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address future exploration drilling, exploration activities and events or developments that the Company expects, are forward looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include exploitation and exploration successes, continued availability of financing, and general economic, market or business conditions.

Neither 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.

SOURCE: Alliance Mining Corp.