Sierra Iron Ore to acquire up to 51% of Allen project
CORPORATE UPDATE Sierra Iron Ore Corp. has entered into an option agreement, dated Sept. 3, 2015, with Emerald Lake Development Corp. (ELD). The option agreement will allow the Company to earn up to a fifty-one (51%) percent interest in the minerals hosted by a property (known as the Allen Property), located near Emo, Ontario. In order to maintain the option, Sierra shall pay cash and make the following share issuances to ELD: $100,000 within ten (10) days after the receipt of...
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