Sierra Iron Ore arranges $240,000 private placement
SIERRA ANNOUNCES PRIVATE PLACEMENT Sierra Iron Ore Corp. has arranged a non-brokered private placement to qualified investors. The private placement financing will consist of up to one million units for gross proceeds of $240,000. Each unit will be priced at 24 cents, and will consist of one common share and one common share purchase warrant. Each warrant shall entitle the holder to purchase one additional common share at a price of 24 cents per share, with an expiry date which is 24 months...
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