Sienna Gold Inc
TSX VENTURE : SGP
BVLAC : SGP

March 08, 2011 10:06 ET

Sienna Gold Inc. Starts Trading on the Lima Stock Exchange

CALGARY, ALBERTA--(Marketwire - March 8, 2011) - Sienna Gold Inc. ("Sienna" or the "Corporation") (TSX VENTURE:SGP)(BVLAC:SGP) is pleased to announce that it has been called for trading by the Bolsa De Valores De Lima. The Company's stock symbol on the Lima exchange is BVLAC-SGP. The exchange website can be accessed at www.bvl.com.pe.

With growing investor interest in South America, the Company felt that it was important to list in Lima to facilitate the trading in its securities.

This listing became much more important with the financing announced on February 24, 2011 where-in Latin American investors, through a syndicate led by GPI Valores SAB which also included Global Securities,S.A., Seminario & Cia, and Celfin Capital agreed to invest $7,000,000.

The Company wishes to thank its sponsor, GPI Valores SAB for their support and looks forward to a long and prosperous relationship.

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 put back into production.

Advisory

Certain statements and information contained in this press release, including but not limited to management's assessment of Sienna's future plans and operations, production, reserves, , capital expenditure programs and debt levels contain forward-looking statements. In particular, this press release contains statements concerning the anticipated feasibility study and identification of drilling targets. All statements other than statements of historical fact may be forward looking statements. These statements, by their nature, are subject to numerous risks and uncertainties, some of which are beyond Sienna's control including the effect of general economic conditions, industry conditions, changes in regulatory and taxation regimes, volatility of commodity prices, escalation of operating and capital costs, currency fluctuations, the availability of services, imprecision of reserve estimates, geological, technical, drilling and processing problems, environmental risks, weather, the lack of availability of qualified personnel or management, stock market volatility, the ability to access sufficient capital from internal and external sources and competition from other industry participants for, among other things, capital, services,undeveloped lands and skilled personnel that may cause actual results or events to differ materially from those anticipated in the forward looking statements. Such forward-looking statements, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated in the statements made and should not unduly be relied on. These statements speak only as of the date of this press release. Sienna does not intend and does not assume any obligation to update these forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. Sienna's business is subject to various risks that are discussed in its filings on the System for Electronic Document Analysis and Retrieval (SEDAR).

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

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