Sienna Gold Inc. ("Sienna" or the "Corporation") (TSX VENTURE:SGP)(LMA:SGP)
announces that it has completed its previously announced private placement
financing of US $2,011,300. This financing was completed in Alberta, with
Northern Securities Inc. acting as broker, and in Peru, with the lead broker
being Grupo Privado de Inversiones - Valores S.A., Sociedad Agente de Bolsa (GPI
Valores SAB). The Corporation issued 5,746,571 units at US$0.35 per unit, with
each unit consisting of one common share and one common share purchase warrant.
Each warrant entitles the holder to subscribe for one additional share for
US$0.55 for a period of one year from closing. Proceeds will be used for further
exploration work on the Corporation's Igor project in Peru and for general
working capital. Sienna paid commissions of $140,791 and issued 402,260 broker
warrants, each of which will entitle the holder to subscribe for one additional
unit at the issue price for a period of one year from closing. All securities
issued pursuant to this placement are restricted from trading until October 23,
2012. 


John M. Rucci, President
Peruvian Precious Metals Corporation (TSXV:SGP)
Historical Stock Chart
From Aug 2024 to Sep 2024 Click Here for more Peruvian Precious Metals Corporation Charts.
Peruvian Precious Metals Corporation (TSXV:SGP)
Historical Stock Chart
From Sep 2023 to Sep 2024 Click Here for more Peruvian Precious Metals Corporation Charts.