Alliance Announces Private Placement

Alliance Mining Corp. ("Alliance" or the "Company") is pleased to announce a non-brokered private placement of up to 765,000 units ("Units") at a price of $0.13 per Unit, for a total gross proceeds of up to $99,450. Each Unit will be comprised of one common share of the Company ("Share") and one nontransferable share purchase warrant ("Warrant") Each Warrant will entitle the holder to purchase one additional Share at a price of $0.18 per Share for a period of eighteen months from the date of issuance. The private placement is subject to all regulatory approvals.

Kamloops, BC (PRWEB) April 4, 2008 -- Alliance Mining Corp. ("Alliance" or the "Company") is pleased to announce a non-brokered private placement of up to 765,000 units ("Units") at a price of $0.13 per Unit, for a total gross proceeds of up to $99,450. Each Unit will be comprised of one common share of the Company ("Share") and one nontransferable share purchase warrant ("Warrant") Each Warrant will entitle the holder to purchase one additional Share at a price of $0.18 per Share for a period of eighteen months from the date of issuance. The private placement is subject to all regulatory approvals.

A finder's fee may be payable to certain arms' length parties (the "Finders") equal to 10% of the gross proceeds from the sale of Units placed through the efforts of the Finders. In addition, the Finders will receive compensation warrants exercisable for a period of eighteen months to purchase such number of Shares as is equal to 10% of the total number of Units sold through the efforts of the Finders at a price of $0.18 per Share. The proceeds of the private placement will be used for continued permitting programs on its properties and working capital.
Should you wish to receive Company News, please email info @ alliancemining.com and specify "Alliance Mining News" in the subject line.

For further information on the Company and/or the Placerita gold properties, please visit
www.alliancemining.com or www.sedar.com.

The securities being offered have not been registered under the US Securities Act of 1933, as amended, and may not be offered or sold in the United States in the absence of registration or an applicable exemption from the registration requirements. This press release does not constitute an offer to sell or the solicitation of an offer to purchase securities in the United States.

ON BEHALF OF THE BOARD
"Jan C. Ross"
Mr. Jan C. Ross, President and CEO
FOR FURTHER INFORMATION PLEASE CONTACT:

Phillips Capital Strategies
Melaney Phillips, CFP
1-888-389-3331
(250) 979-1111
www.phillipscapitalstrategies.com

The CNQ has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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