Sienna Gold Announces Warrant Expiry Acceleration
Sienna Gold Inc.
Suite 117,339 50th Avenue S.E.
Calgary, Alberta Canada T2G 2B3 Phone: (403) 508 2061; Fax: (403) 508 2670; email: [email protected]
SIENNA GOLD ANNOUNCES WARRANT EXPIRY ACCELERATION
February 22, 2011
PRESS RELEASE FOR IMMEDIATE RELEASE
Calgary, Canada – Sienna Gold Inc. (“Sienna” or the “Corporation”) (TSXV - 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.
For any further information contact:
John M. Rucci President Sienna Gold Inc.
(403) 508 2061
The TSX Venture exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.