Sierra Madre Clarifies Private Placement
Financings
NEWS RELEASE
SIERRA MADRE CLARIFIES PRIVATE PLACEMENT
August 5, 2020
Sierra Madre Developments Inc. (the “Company”) (TSXV: SMG.H) advises that, further to its news release of August 4, 2020, the $1,000,000 non-brokered private placement financing consisted of 16,666,667 post-consolidated common shares (not “Units”) of the Company at $0.06 per share. No warrants were issued in connection with the financing.
ON BEHALF OF THE BOARD:
“Raymond Wladichuk”
Raymond Wladichuk, CEO Neither the 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 release.
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