Sienna Resources Private Placement Profiled on InvestmentPitch Media
Sienna Resources Inc (TSXV:SIE) recently announced the closing of an oversubscribed private placement, which raised $2.5 million.
Sienna Resources Inc (TSXV:SIE) recently announced the closing of an oversubscribed private placement, which raised $2.5 million. InvestmentPitch Media has produced a video focused on this recent news, combined with an overview of the company.
“We are very pleased to have such a strong interest in the placement as we had orders for significantly more than we closed,” said Sienna Resources President Jason Gigliotti. “We thought it was prudent to only take $2.5 million to keep the share structure intact. We expect to be on the ground in Sweden this month with a full scale drill program planned for the first quarter. We are very optimistic about the prospects in Sweden and look forward to getting boots on the ground immediately. Cobalt prices are at 10 year highs and demand for ethically sourced cobalt has never been higher. We want to thank our placement subscribers for their continued strong support of Sienna.”
To see the full video, click here.
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