Sierra Iron Ore Corp Announces Warrant Extension

NEWS RELEASE

July 29, 2014 Symbol:-TSXV.NAA Symbol:-OTC- SIOCF SIERRA IRON ORE CORP ANNOUNCES WARRANT EXTENSION

VANCOUVER, BC – Sierra Iron Ore Corporation (Symbol: NAA- TSXV/OTCQX:SIOCF) (the "Company") announces that it has applied to the TSX Venture Exchange, to extend the terms of warrants (the “Warrants”) issued pursuant to a two tranche unit private placement which closed in June 2011 and September 2011, respectively. Warrants to purchase 1,892,471 common shares will be amended to expire on February. 1, 2015, at an exercise price of $0.40. The Warrants would have otherwise expired on August 1, 2014.

For more information contact Corey Safran, Investor Relations, at 609-228-0595, or by email at [email protected].

On behalf of The Board of Directors of Sierra Iron Ore Corporation.

Wally Boguski, President & CEO

Neither 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 press release, which has been prepared by management.

CANADA USA 13236 Cliffstone Court #2 – 701 West Deer Valley Road Lake Country BC V4V 2R1 Phoenix, AZ 85027 Tel: 250-766-1517 Tel: 623-251-4443 Fax: 250-766-1839 Fax: 623-251-4878

www.sierrairon.com [email protected]