SOURCE: Sierra Desert Holdings Corporation

April 29, 2011 19:32 ET

Sierra Desert Holdings Separates With Terrax

GARDNERVILLE, NV--(Marketwire - Apr 29, 2011) - Sierra Desert Holdings Corporation (PINKSHEETS: BRZM). As of December 31, The Company failed to meet the funding obligation it had with Terrax. This has forced the company to unwind all agreements with Terrax. As a result of the unwinding, Murray Owen has resigned his position as COO and Director of Sierra Desert Holdings.

About Sierra Desert Holdings

Sierra Desert Holdings, focuses on funding startup companies. Previously, it engaged in exploring and diamond mining properties in Brazil. The Company is based in Gardnerville, Nevada.

Forward-Looking Statements: This news release contains "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. When used in this release, words such as "estimate," "expect," "anticipate," "projected," "planned," "forecasted" and similar expressions are intended to identify forward-looking statements, which are, by their very nature, not guarantees of Sierra Desert Holdings future operational or financial performance, and are subject to risks and uncertainties. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Due to the risks and uncertainties, actual events may differ materially from current expectations. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Contact Information

  • CONTACT:
    Mike Dillon
    775.782.9157