Sierra undertakes non-brokered offering
For Immediate Release
SIERRA UNDERTAKES NON-BROKERED PRIVATE PLACEMENT
Surrey, British Columbia – February 4, 2021, Sierra Growth Corp. (“ Sierra” or the “ Company”) (CSE:
SGRO) (OTC: SIERF) (FKT: F91Q) announces that it will conduct a non -brokered private placement
offering of up to 10,000,000 units at $0.06 per unit (the “ Offering”). Units are comprised of one
common share and one common share purchase warrant, exercisable for two years, after closing,
at $0.08 (the “Warrant”) subject to an accelerated 30-day expiry date in the event the Company’s
shares trade at or above $0.25 for 10 consecutive days.
Any securities issued as a result of the Offering will be subject to a statutory hold period. The Company
may pay finder’s fees in regard to this Offering.
Proceeds of the Offering will be used for exploration and general working capital.
ON BEHALF OF THE BOARD
Per: Sonny Janda, Director
For further information on the Company, please contact Sonny Janda, Director, Tel: (604) 357-3741 or
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the
Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release includes certain statements that constitute “forward-looking information” within the meaning of applicable
securities law, including without limitation, statements that address the timing and content of certain agreements and
development. Forward-looking statements address future events and conditions and are necessarily based upon a number of
estimates and assumptions. While such estimates and assumptions are considered reasonable by the management of the
Company, they are inherently subject to significant business, economic, competitive and regula tory uncertainties and risks,
including the ability of the Company to raise the funds necessary to fund its projects and, accordingly, may not occur as
described herein or at all. Actual results may differ materially from those currently anticipated in such statements. Factors that
could cause actual results to differ materially from those in forward looking statements include Covid-19 restrictions, market
prices, exploitation and exploration successes, the timing and receipt of government and regulatory approvals, and continued
availability of capital and financing and general economic, market or business conditions. Readers are referred to the
Company’s filings with the Canadian securities regulators for information on these and other risk factors, avai lable at
www.sedar.com. Investors are cautioned that forward-looking statements are not guarantees of future performance or events
and, accordingly are cautioned not to put undue reliance on forward -looking statements due to the inherent uncertainty of
such statements. The forward -looking statements included in this news release are made as of the date hereof and 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, except as expressly required by applicable securities legislation.”