Sienna Gold Inc
TSX VENTURE : SGP

February 22, 2011 13:45 ET

Sienna Gold Announces Warrant Expiry Acceleration

CALGARY, ALBERTA--(Marketwire - Feb. 22, 2011) - Sienna Gold Inc. ("Sienna" or the "Corporation") (TSX VENTURE:SGP) announces that it has exercised its rights under the terms of its $0.18 warrants issued in May 2010 (the "Warrants") to accelerate the expiry date of the Warrants to May 16, 2011.

7,801,250 Warrants were issued with an exercise price of $0.18 per share for a 2 year term, subject to the Corporation being able to accelerate their expiry date in the event the shares of Sienna traded above $0.30 for 20 consecutive trading days. 1,332,348 Warrants have been exercised to date.

Sienna Gold Inc. is a gold exploration company with property interests in Peru. Its key prospect is the Igor Mine Project, a formerly producing mine that the Corporation plans to explore further. 

The TSX Venture exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Sienna Gold Inc.
    John M. Rucci
    President
    (403) 508 2061