Sierra Iron Ore agreement for Ontario claim
The TSX Venture Exchange has accepted for expedited filing documentation pertaining to an option agreement between Sierra Iron Ore Corp. and Emerald Lake Development Corp. (Jerry Beaulac) dated May 26, 2015, and amended on July 16, 2015, and Sept. 3, 2015, pursuant to which Sierra Iron Ore has an option to earn up to 92 per cent of all mineral rights on one claim located approximately six miles north of Emo, Ont. In consideration, the company will pay $250,000 upon exchange approval, and a further $250,000 on or before the first anniversary. The company will also be required to expend $2-million in exploration expenditures within 24 months.
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