Sierra Iron arranges $160,000 private placement
SIERRA ANNOUNCES PRIVATE PLACEMENT AND STOCK OPTION GRANT Sierra Iron Ore Corp. has arranged a non-brokered private placement to qualified investors. The private placement financing will consist of up to 400,000 units for total proceeds of $160,000. Each unit will be priced at 40 cents and will consist of one common share and one-half share purchase warrant. Each whole share purchase warrant will entire the holder to purchase one additional common share at a price of 55 cents per share for a...
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