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Crystal Lake News
El Creston Property Clarification
Friday, 15 July 2011 09:30
Vancouver, BC – SIERRA IRON ORE CORPORATION (the “Company”) In response to a request made by the British Columbia Securities Commission, the Company wishes to clarify certain information on its El Creston property. The Company does not have any historical or current mineral resource estimates for the El Creston property. The Company’s technical report on the El Creston Property by R. Verzosa, dated March 15, 2011 includes quantity-grade estimates intended to provide guidance...
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Expansion of the El Creston Agreement
Wednesday, 29 June 2011 09:00
VANCOUVER, BC – Sierra Iron Ore Corp (the “Company”) The Company is pleased to announce that it has successfully negotiated an amendment to the El Creston Agreement respecting the El Creston property. As previously announced, the Company acquired an option to earn a 50% interest in the El Creston property in Sinaloa, Mexico from Minera Copper Canyon de Mexico S.A. de C.V.(the “Owner”). The El Creston Agreement will pay the Owner a combination of cash and shares on a predetermined...
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Drilling Commences on El Creston
Monday, 27 June 2011 09:00
VANCOUVER, BC – Sierra Iron Ore Corp (the “Company”) The Company is pleased to announce that it has entered into an agreement with Lange DE Mexico, S.A De C.V. based in Hermosillo, Mexico to provide the drilling equipment and services for the El Creston property. The first drill has been mobilized and is currently onsite at the El Creston property and has commenced the first stage, 2000 meter drill program to test the known mineral zones identified in the company’s previous ongoing...
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1st Tranche Non-Brokered Private Placement
Tuesday, 14 June 2011 09:30
Sierra Iron Ore Corp. is pleased to announce that it has received subscription agreements totaling 3,538,581 units on its first tranche of the non-brokered private placement offered to qualified investors for gross proceeds to the company of $2,830,865. Each unit was issued at a price of $0.80 cents per unit; each unit is comprised of one common share and one-half of one share purchase warrant. The terms of the warrant entitles the holder to acquire one additional share at a price of $1.00...
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CONDITIONAL APPROVAL OF EL CRESTON PROPERTY NON-BROKERED PRIVATE PLACEMENT, NAME CHANGE
Thursday, 19 May 2011 09:30
Vancouver, BC – NAINA CAPITAL CORP. (the “Company”) is pleased to announce that it has received conditional approval of the acquisition of the El Creston iron-ore property. As previously announced, the Company has acquired an option to earn a 50% interest in the iron ore mined from the El Creston property in Sinaloa, Mexico, subject to regulatory approval. Minor items remain outstanding and are being addressed; final approval is expected from the TSXV in the ordinary course.

The...
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