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TSX: GGA 场外:GGAZF BMV SIC: GGAN

2010年新闻稿

2010年1月29日

塞拉利昂矿产公司. 以及Goldgroup Resources Inc .. 宣布企业合并

Vancouver, British Columbia and Toronto, Ontario (2010年1月29日) ——塞拉矿业公司. (TSX: SIM) ("Sierra")和Goldgroup Resources Inc .., 不列颠哥伦比亚省一家私人控股公司("Goldgroup"), 365真网址高兴地宣布,双方已于1月28日签订了一份具有约束力的协议书, 2010年(“协议”)就拟议的商业合并(“交易”)而言,该合并将创建一家专门专注于墨西哥的初级黄金生产公司, 目标产量增长, 矿产资源, profitability and cash flow from an impressive pipeline of development stage projects.

Sierra has received an independent formal valuation from Byron Capital Markets, 拜伦证券有限公司的一个部门. ("Byron Capital"), as at January 13, 2010, valuing Goldgroup at between $1.07年和1美元.每股26英镑(“拜伦估值”). 根据交易条款,Sierra的普通股将合并为2.85:1的基础和Goldgroup的股东将获得一股Sierra普通股(合并后)换一股Goldgroup普通股(“交换比率”). 在交易之后, 预先提供资金基础, 现有的Goldgroup和Sierra股东将持有合并后公司约59%和41%的股份, 分别. 因此,该交易预计将构成对Sierra的反向收购.

Based on the Byron Capital valuation of the common shares of Goldgroup at between $1.07年和1美元.每股26, the Exchange Ratio implies a per share value of the common shares of Sierra at between $0.38 to $0.在预先整合的基础上. This represents a premium of 25% to 47% to the closing price of Sierra shares on the Toronto Stock Exchange ("TSX") on January 28, 2010年1月28日Sierra股票的20天交易量加权平均交易价格为19% - 40%, 2010.

合并后的公司计划分两部分筹集至多3,000万美元的营运资金, 产权收购相关成本, work commitments on properties under option and capital expenditures.

合并公司简介

  • 预测黄金产量约为25,000 to 30,2010年是000盎司, 未来三年内,Goldgroup在墨西哥的开发阶段资产组合有可能大幅提高产量;
  • 在墨西哥,重要的人员协同作用,包括利用Sierra的敬业且训练有素的运营团队推动Goldgroup资产的生产;
  • 多元化和强大的股东基础,为股东提供更高的市场流动性和, 相应的, 更大的吸引资本的能力;
  • Strong post-financing balance sheet enabling successful execution of initiatives aimed at growing shareholder value;
  • Significant synergies in development, operation and administration expenses; and
  • 提高市场份额.

管理层和董事会

交易完成后, executive management of the combined company will consist of Keith Piggott, 首席执行官, 迈克尔·H. 格雷格·J·法兰特总裁. Sedun执行主席,John J. Sutherland,副总裁兼首席财务官,Philip C. Davies, Chief Operating Officer, Kevin Sullivan, Vice 总统, Exploration and Thomas D. 兰姆,公司副总裁. The 董事会 will initially be comprised of seven directors, being 格雷格J. Sedun, Keith Piggott, 迈克尔·H. 法兰她博士. 汉斯·冯·米凯利斯,朱利安·坎普,科里·J. 西尔伯纳格尔和第七名董事将在适当时候被任命.

迈克尔·H. 他们, Sierra的总裁兼首席执行官评论道, "We are delighted with the announcement of the business combination with Goldgroup. 365真网址相信,这将实现365真网址之前的增长战略和成为100的愿景,000 ounce gold producer and now puts us on a path to becoming an intermediate gold producer targeting annual production of approximately 200,3000盎司,3年. 365真网址还认为,该交易将Sierra的产量和对当前高金价的即时影响力与Goldgroup的项目管道相结合,为Sierra和Goldgroup的股东带来了巨大的价值, 都在矿业发达的墨西哥管辖范围内."

格雷格J. Sedun, Goldgroup执行董事长兼董事补充道, “365真网址认为,这次业务合并将对两家公司都有促进作用,因为Goldgroup的黄金资源现在将获得生产溢价,Sierra的股东将受益于Goldgroup庞大且不断增长的资源基础, a production development pipeline of projects and considerable exploration potential".

交易对Sierra股东的好处

  • 创建一个项目管道,以补充现有的生产,包括三个开发阶段的项目,其中包含大量估计的矿产资源,提供生产和勘探方面的计划增长,以及两个额外的有利勘探属性
  • 在多个项目中分散操作风险
  • 允许在墨西哥境内实现运营和行政协同
  • 提高管理层和董事会的实力
  • 提供强大而坚定的股东基础,显著改善资本结构,并消除目前与Sierra普通股相关的流动性折扣
  • 由经验丰富的管理层和董事组成
  • 提高市场份额

交易对365登录网址股东的好处

  • 私人持股变成了公共股份, providing shareholders with market liquidity in a TSX-listed entity
  • Provides shareholders with leverage to the current gold price environment through Sierra's current gold production
  • Increases ability to raise capital necessary to advance immediate business initiatives and advance growth strategies
  • Delivers positive operating cash flow from Cerro Colorado mine which can be used to advance Goldgroup projects towards production, growing estimated 矿产资源 and upgrading the quality of existing 矿产资源
  • 由经验丰富的管理层和董事组成
  • 提高市场份额

融资计划

合并后的公司计划筹集至多3,000万美元的营运资金, 产权收购相关成本, 可选资产和资本支出下的工作承诺分为以下两部分:

  • 在签署最终协议之前, Goldgroup intends to raise up to $1000万年 through a non-brokered private placement of Goldgroup common shares at a price of $1.(“金集团融资”).
  • Subsequent to signing a definitive agreement and prior to the completion of the Transaction, Sierra and Goldgroup intend to raise up to $2000万年 in a brokered private placement offering of subscription receipts, 在交易完成后,买方有权获得合并实体的普通股(“认购收据融资”). GMP证券有限责任公司被保留为认购收据融资的牵头代理.

交易的细节

该协议规定Sierra和Goldgroup将协商并达成最终协议. 关于拟议的业务合并的进一步细节应在一份联合信息通告(“通告”)中提供,该通告将邮寄给Goldgroup和Sierra的股东,与Goldgroup和Sierra各自的股东大会有关,以批准该交易.

交易完成, 如本协定所述, is subject to a number of conditions and approvals which include completion of the Goldgroup Financing and the Subscription Receipt Financing on acceptable terms; the execution of a definitive agreement; approval of the respective shareholders of Goldgroup and Sierra; court approval (if the Transaction is effected by way of plan of arrangement); and the approval of all relevant regulatory authorities and third parties including the TSX. 不能保证交易, 金集团融资或认购收据融资将按建议或全部完成. 本协议规定了终止权, 包括在5月31日前交易未完成的情况下, 2010, 除非经双方同意延长.

根据协议的条款, the outstanding common shares of Sierra will be consolidated on a 2.85:1 basis and shareholders of Goldgroup will receive one post-consolidation common share of Sierra for each one Goldgroup common share. The combined entity is expected to be named Goldgroup Resources Inc. ("New Goldgroup") and will be headquartered in Vancouver with a satellite office in Toronto. It is also a requirement of the Agreement that the common shares of New Goldgroup continue to be listed on the TSX. 在交易之后, 预先提供资金基础, New Goldgroup will have approximately 77.600万股已发行股票(86.200万完全稀释,所有这些都是在钱). The fully diluted ownership split is expected to be approximately 56% for the Goldgroup shareholders and 44% for the Sierra shareholders.

时机

The parties expect to complete and mail the Circular in March 2010 and plan to hold the special meetings in early April 2010. 预计交易将于不久后完成.

财务顾问及法律顾问

Sierra's financial advisor is Byron Capital Markets and its 法律 counsel is Cassels Brock & 布莱克威尔LLP). Wildeboer Dellelce LLP担任Sierra独立董事特别委员会的法律顾问. 戈德集团的法律顾问是布莱克,卡索斯 & Graydon LLP).

董事会建议

Sierra董事会的一个独立委员会收到了Byron Capital根据多边文书61-101——保护特殊交易中的少数证券持有人的独立正式评估报告, 为365登录网址的证券估值. Sierra的董事会也收到了Byron Capital的公平意见,从财务角度来看,此次交易对Sierra的股东(除了Keith Piggott和Goldgroup)是公平的. 塞拉利昂冲突的董事们已经宣布了他们的冲突,并对该协定投了弃权票. 其余董事一致支持该交易. The directors of Goldgroup have unanimously supported the Transaction. Directors and officers of both companies and Warman Investments Pty. 有限公司.该公司是塞拉集团最大的股东,拥有17家.4% of Sierra, have agreed to enter into agreements to vote in favour of the Transaction.

该协议包括Sierra和Goldgroup各自的承诺,不积极寻求拟议交易的替代交易. 在某些情况下, 如果一方终止协议或随后, 明确的协议, to enter into an agreement to effect a business combination other than the Transaction or pursuant to a superior proposal, 然后,该方有义务向另一方支付总额为700美元的终止款,如果塞拉是终止合同的一方,则为1万美元,070,000 plus 2% of the gross proceeds of the Goldgroup Financing as at the date of termination if Goldgroup is the terminating party. 每一方还被赋予某些其他权利, 这种性质的交易中通常的声明、保证和承诺,每一方都有权匹配向另一方提出的竞争性报价.

选定的财务信息和股份

假设Goldgroup融资和认购收据融资筹集了3000万美元的总收益,并在满足了Goldgroup关于某些物业收购付款的现有义务之后, the combined company is expected to have approximately $22 million in cash, 没有重大债务,2010年的目标产量在25,000 to 30,000盎司黄金. 由此产生的实体的重要股东将包括知名机构基金和采矿业的一些知名人士.

形式上的测量 & 指示(“M+I”)和推断资源

测量

截止
年级
(g / t Au)


(000's)

黄金(Au)

银(Ag)

年级(g / t Au)

100%

合并后的实体分享

年级(g / t Ag)

100%

合并后的实体分享

盎司
(Au)

盎司
(Au)

盎司
(Ag)

盎司
(Ag)

山丘科罗拉多

0.25

107

0.63

2,157

2,157

-

-

-

表示

山丘科罗拉多

0.25

9,599

0.54

167,987

167,987

-

-

-

海洛因布兰科

0.20

6,710

0.65

139,000

97,300

1.92

410,000

287,000

El波维尼尔

0.20

14,831

0.62

297,000

297,000

18.80

8,964,000

8,964,000

总M +我

606,144

564,444

9,374,000

9,251,000

推断出

山丘科罗拉多

0.25

5,599

0.41

74,177

74,177

-

-

-

海洛因布兰科

0.20

27,600

0.58

517,000

361,900

1.84

1,630,000

1,141,000

El波维尼尔

0.20

485

0.41

6,000

6,000

11.90

186,000

186,000

圣José de Gracia

2.00

3,441

5.59

618,000

309,000

10.02

1,109,000

554,500

总推断

1,215,177

751,077

2,925,000

1,881,500

注:

  1. 这里所使用的资源类别和编制这些资源估计数是根据加拿大矿业研究所的要求, 冶金, 以及石油公司的“CIM矿产资源和储量标准”, Definition and Guidelines" as per National Instrument 43-101 - Standards of Disclosure for Mineral 项目 ("NI 43-101").
  2. Mineral resource estimates for the Cerro Colorado gold mine were initially prepared as part of the NI 43-101-compliant Technical Report, 由米歇尔•斯通, Ph.D., P. 地理. Caracle Creek国际咨询公司. 及截至2009年1月31日. Ms. Stone is an independent Qualified Person as defined under NI 43-101.
  3. Mineral resource estimates for the Caballo Blanco property were prepared as part of a NI 43-101-compliant Technical Report dated December 15, 2009, 吉姆·F. 墨鱼,B.Sc., P.地理. 和加里·吉鲁,MASc., P.英格. 吉鲁顾问有限公司的., both of whom are independent Qualified Persons under NI 43-101 standards.
  4. Mineral resource estimates for the El Porvenir property were prepared as part of a NI 43-101-compliant Technical Report dated August 20, 2009, 作者本杰明•安斯沃思, P.英格., B.C. 安斯沃思-詹金斯控股公司. 和J. 道格拉斯·布兰奇福劳P.地理., B.C.他是Minorex咨询有限公司的董事., both of whom are independent Qualified Persons under NI 43-101 standards.
  5. 8月21日,圣José de Gracia油田的矿产资源评估报告符合NI 43-101标准, 2009, 吉姆·F. 墨鱼,B.Sc., P.地理. 和加里·吉鲁,MASc., P.英格. 吉鲁顾问有限公司的., both of whom are independent Qualified Persons under NI 43-101 standards. 矿产资源估计数也包括15.200万磅铜和13.700万磅锌,平均水平为0.20% Cu和0.在推断资源类别中,Zn分别为18%.
  6. 非矿产储备的矿产资源,不具有经济可行性. The estimate of 矿产资源 may be materially affected by environmental, 允许, 法律, title, 税收, 社会政治, 市场营销或其他相关问题.
  7. Mineral Resources on undeveloped properties assumes successful 允许 allowing mining operations to be conducted.
  8. 盎司 calculated using the following conversion rate: 1 troy ounce = 31.103克.

Technical information in this news release regarding the Cerro Colorado gold mine has been reviewed and approved 由米歇尔•斯通, Ph.D., P.地理. 以及卡巴洛·布兰科酒店, Porvenir and 圣José de Gracia properties has been reviewed and approved 吉姆·墨鱼, B.Sc., P.地理.,均为NI 43-101中定义的合格人员. Ms. 石先生. 卡特尔已充分详细地审查了有关的地质资料,以支持矿物资源估计数所包含的数据.

概述 of Combined Assets (for NI 43-101 mineral resource estimates, see table above)

生产:

塞罗科罗拉多矿-索诺拉,墨西哥

塞拉在索诺拉拥有的塞罗科罗拉多金矿, 墨西哥是一个露天煤矿, 堆浸作业于2004年开始生产. During 2009, the mine produced between 20,000 and 21,000盎司黄金. The mine has substantially completed a capital and operating plan that anticipates a rise in annual production to between 25,000 to 30,2010年是000盎司 with the ultimate goal of sustaining an annual production rate of 30,000盎司,大约4到5年. Treasury Metals Inc .的子公司. 拥有2.5% net smelter return ("NSR") royalty on production from the Cerro Colorado mine.

The following material assumptions have been used to forecast 2010 production:

  • 年开采速度约为6.3亿吨.300万吨废物和2.700万吨矿石)
  • 年平均等级约为0.57 g / t盟
  • 平均年冶金回收率达到63%
  • 设备可用性与2009年的可用性保持一致

Production forecasts are forward-looking information and are based on key assumptions and subject to material risk factors. 若因这些风险而发生任何事件, 塞拉的商业前景, 财务状况, 经营结果或现金流可能受到不利影响. 塞拉利昂目前还不知道的其他风险和不确定性, 或者被认为是无关紧要的, may also materially and adversely affect Sierra's business operations, 前景, 财务状况, 经营或现金流的结果. 请参阅Sierra公司截至12月31日年度信息表中题为“风险因素”的部分, 2008, 3月31日, 2009, 可于SEDAR下载 www.sedar.com 并参见下面标题“关于前瞻性信息的警告说明”下的讨论。.

黄金发展阶段项目:

墨西哥韦拉克鲁斯的卡巴洛布兰科

365登录网址在韦拉克鲁斯的200平方公里卡巴洛·布兰科地产, Mexico currently hosts three mineralized zones comprising numerous geological targets. Goldgroup recently acquired a 70% interest in Caballo Blanco from NGEx Resources Inc.Lundin Group的主要勘探单位,售价6美元.现金1亿,365登录网址900万股,1亿.“噪音感应强的地方”为未来矿山生产及商业生产的5%, 一次性预付版税5美元.000万年. 另外30%由阿尔马登矿业有限公司持有.. 12月15日NI 43-101技术报告, 2009年仅涉及北部地区La Paila地区估计的矿产资源, 由33个钻洞共7个编译而成,010米. The Report also states that at least eleven other areas outside of the La Paila area justify further geological work at Caballo Blanco. These areas include; four large IP resistivity high anomalies on the inner flanks of a 3 km round magnetic high 'ring structure' in the Northern Zone; strong 'acid' PH anomalies 1.5 km west of La Paila in the Northern Zone; three separate areas where isolated rock chip samples assay up to 14.6 g/t Au along the northwest and south portions of the Caballo Blanco property; and three other separate areas with encouraging 'new' soil anomalies, 持久的岩石蚀变, 以及红谷未经测试的IP充电异常, 分别为高速公路区和中央网格区. 在短期内, 计划进行进一步勘探,目的是扩大和提高目前对矿物资源的估计,并测试这些其他极有可能成矿的地区.

长期, 一旦Goldgroup完成了一项可融资的可行性研究, Goldgroup和Almaden应在70/30的基础上为各自的开发和采矿费用份额提供资金. It is management's goal to advance the Caballo Blanco property towards a future annual production target of approximately 100,000盎司的黄金, 其中Goldgroup的股份是70,000盎司黄金.

The resource estimate was based on a three dimensional model of a silica breccia identified in drill logging on the La Paila zone, 卡巴洛·布兰科项目. 概算包括从33个岩心孔钻7 010米,平均密度为2.39克/立方厘米,基于267个岩芯样品的测量. 采用普通克立格法,在20米× 20米× 5米的块体中,采用均匀的5米矿化复合间隔估算矿产资源. 基于对概率图的回顾, five gold and silver assays were capped at 6.1 g/t Au和30.合成前分别为8 g/t Ag.

在11月1日至11月3日的一次房地产访问中,通过额外的岩心和地表露头取样,检查并验证了钻探计划和取样方案, 2009, 吉姆·墨鱼. A rigorous quality control and quality assurance protocol was used on the project, 包括空白样品和参比样品与每批分析. 所有钻孔样品都被粉碎至- 150目,部分矿浆被王水浸出,并在温哥华的ALS Chemex实验室用火分析和ICP-MS方法进行分析, B.C. The resource estimate and technical report for the project was completed under the oversight of Jim Cuttle and Gary Giroux,.

墨西哥阿瓜斯卡连特斯的El Porvenir

Goldgroup从Goldcorp Inc .收购的El Porvenir地产. 2007年Goldcorp(“”), 最先进的开发阶段是否代表近期的生产潜力. 作为完成El Porvenir资产内部经济评估的一部分,Goldgroup正在与SGS Lakefield完成冶金测试工作,以提高金属回收率和提高运营利润率. 管理 expects to make a positive production decision within the next six months. 银金比例为70:1, management's goal is for El Porvenir to develop annual production of approximately 50,000黄金当量盎司.

资源估算是基于El Porvenir项目中一个独立矿脉系统的三维模型. The list of reverse circulation and core drill holes outlining this estimate consists of over 210 drill holes producing 4,820米的复合材料,平均堆积密度为2.387年通用汽车/ cc3. 基于对概率图的回顾, gold and silver assays were capped at 6.5 g/t Au和200 g/t Ag,在合成前. 利用普通克里格法估算了矿脉系统上10米× 10米× 5米块的矿产资源.

在4月6日至4月7日的一次物业访问中,对岩心和钢筋混凝土钻探程序以及相关的抽样程序进行了检查和验证, 2009, 由本·安斯沃思. A quality control and quality assurance protocol was used on the project, 包括空白样品和参比样品与每批分析. 部分钻芯和RC钻屑被压碎至- 150目,部分矿浆被王水浸出,并在温哥华的Bondar Clegg用火分析和ICP方法进行分析, B.C. The resource estimate and technical report for the project was completed under the oversight of Ben Ainsworth and Doug Blanchflower.

圣José德格拉西亚,锡那罗亚,墨西哥

Goldgroup目前拥有圣José de Gracia房产(“San José”)25%的完全盈利权益,并有能力通过支出约6美元获得额外的25%.到2011年3月15日,365真网址将获得1亿美元. San José is a high-grade advanced exploration project with a current global inferred mineral resource estimate of 618,000盎司黄金和1,109,3 . 000盎司的银.4.41亿吨为5级.59 g/t Au和10.Ag分别为02 g/t.0 g/t Au截止. 估计的资源分布在四个不同的矿脉中, 非常朋友, San Pablo, La Union地区和La Purisima趋势. 管理当局希望通过剩余的收入阶段扩大和提高矿物资源估计数. San José的剩余权益由DynaResource Inc .拥有. (美国)有限公司.

资源估算是基于San José上四个独立矿脉系统的三维模型. The complete list of drill holes outlining this estimate consists of 37,从200个钻孔开始钻588米, 平均容重为2.71克/立方厘米,取自圣巴勃罗地区的234块岩芯. The 矿产资源 were estimated with 2 meter composite intervals, 采用普通克里格法,在10米× 10米× 5米的地块上叠加在四个矿脉系统上. 基于对概率图的回顾, 在合成前,每个静脉系统的封顶策略定义如下, 30 g / t盟, 65 g/t Ag; San Pablo, 50 g / t盟, 60 g/t Ag; La Union, 12 g / t盟, 30 g / t Ag); La Purisima, 20 g / t盟, 30 g / t Ag).

在5月21日至24日的一次房地产访问中,通过额外的岩心和地表露头取样,检查和验证了钻探计划和取样方案, 2009, 吉姆·墨鱼. A rigorous quality control and quality assurance protocol was used on the project, 包括空白样品和参比样品与每批分析. 所有钻芯样品被粉碎至- 150目,部分矿浆被王水浸出,并由国际等离子实验室有限公司的火焰分析和ICP方法进行分析. 温哥华,B.C. The resource estimate and technical report for the project was completed under the oversight of Jim Cuttle and Gary Giroux.

处在勘探阶段的黄金项目:

Goldgroup's two exploration projects cover large areas in the Sierra Madre mineral belts. 它们被认为处于早期阶段,但由于它们包含了许多历史工作,因此具有很高的前景. To date, only surface geochemical sampling has been conducted on these properties.

El Candelero, Durango,墨西哥

Goldgroup拥有从Goldcorp获得El Candelero地产70%权益的选择权, 由大约25个,黄金公司世界一流的塔奥尔蒂塔矿10公里范围内的000公顷土地. 该物业有许多历史上的地表工作,最初的地表地球化学勘探和挖沟工作在与Tayoltita类似的地质环境中返回了金银指示. 在满足一定条件的情况下,黄金公司保留了将其权益提高到60%的权利.

肯尼亚,墨西哥锡那罗亚

365登录网址持有肯尼亚地产90%的权益, 由大约80人组成,000 hectares located some 50 km east of the 圣José de Gracia property in the Sierra Madre. 该房产包含了大量分散的历史作品, two of which Goldgroup has followed up with surface sampling and one of which displays encouraging results for gold and silver mineralization.

El Cahon,索诺拉,墨西哥

11月12日, 2009, Sierra宣布了一项新的草根金矿发现,距离Cerro Colorado矿约12公里, 命名为埃尔卡洪黄金项目. 探索还处于早期和持续的阶段.

关于Sierra和Goldgroup

For further information on Sierra, please visit Sierra's website at www.sierraminerals.ca. For further information on Goldgroup, please visit Goldgroup's website at www.goldgroupresources.com. The Sierra and Goldgroup business combination presentation will be available on the homepage of both companies' websites in due course.


关于前瞻性信息的警告说明

本新闻稿中包含的某些信息, 包括与拟议交易和Sierra或Goldgroup未来财务或经营业绩有关的任何信息,均可被视为“前瞻性”。. 所有声明在此新闻发布, 除了陈述历史事实, that address events or developments that Sierra or Goldgroup expects to occur, “前瞻性信息”. 这些报表与未来事件或未来业绩有关,反映了Goldgroup和Sierra对本次交易和融资的预期, 以及未来的增长, 结果的操作, Goldgroup和Sierra以及合并后的公司的业务前景和机会. 这些前瞻性声明反映了Goldgroup和Sierra目前的内部预测, 预期或信念,并基于Goldgroup和Sierra目前可获得的信息, 分别. In some cases forward-looking information can be identified by terminology such as "may", “会”, “应该”, “期望”, “意愿”, “计划”, “预测”, “相信”, “估计”, “项目”, “潜在的”, “计划”, “预测”, "budget" or the negative of those terms or other comparable terminology. 有关完成交易的前瞻性信息所基于的假设包括,Sierra和Goldgroup将能够满足协议中的条件, that the due diligence investigations of each party will not identify any materially adverse facts or circumstances, 所需的批准将获得Sierra和Goldgroup各股东的批准, 所有第三方监管机构和政府对交易的批准将被获得,完成交易的所有其他条件将被满足或放弃. 人们还对2010年塞罗科罗拉多州的产量预测做了一些假设,预计产量在25,000 to 30,000盎司黄金. 这些假设中有许多是基于Sierra和Goldgroup或合并后的实体无法控制的因素和事件,也无法保证这些假设会被证明是正确的. 这些因素包括, 没有限制:资本要求, 国际货币市场和加拿大货币汇率的波动, the United States and Mexico; price volatility in the spot and forward markets for commodities; discrepancies between actual and estimated production, between actual and estimated reserves and resources and between actual and estimated metallurgical recoveries; changes in national and local governments in any country Sierra and Goldgroup currently or may in the future carry on business; 税收; controls; regulations and political or economic developments in the countries in which Sierra and Goldgroup does or may carry on business; the speculative nature of mineral exploration and development, 包括获得必要的许可证和许可证的风险, diminishing quantities or grades of reserves; competition; loss of key employees; additional funding requirements; actual results of current exploration or reclamation activities; changes in project parameters as plans continue to be refined; accidents; labour disputes; defective title to mineral claims or property or contests over claims to mineral properties. 除了, there are risks and hazards associated with the business of mineral exploration, 开发和矿业, 包括环境危害, 工业事故, 不寻常或意想不到的构造, 压力, 塌方, 洪水和金块损失(以及保险不足或无法获得保险的风险), 以涵盖这些风险),以及包括在年度信息表和MD中的“风险和不确定性”&A为Sierra,请访问www.sedar.com. 前瞻性信息并不是未来业绩和实际结果的保证,未来的事件可能与前瞻性信息中讨论的有很大的不同. 本新闻稿中所载的所有前瞻性信息都受到这些警告声明的限制. Although Goldgroup and Sierra believe that the forward-looking information contained in this news release are based on reasonable assumptions, readers cannot be assured that actual results will be consistent with such statements. 因此,告诫读者不要过分依赖前瞻性的信息. Sierra and Goldgroup expressly disclaim any intention or obligation to update or revise any forward-looking information, 是否因为有了新的信息, 事件或否则, 除适用证券法规定外.

本新闻稿及包含在此的信息并不构成在美国出售的证券的要约,在没有注册或豁免注册的情况下,证券不得在美国出售或提供.

如需进一步信息,请365真网址:

塞拉矿业公司.

迈克尔·H. 他们
总统 & 首席执行官
国王街东8号810室
多伦多,开着,M5C 1B5
T: 416.775.7543

对Goldgroup Resources Inc .来说.

主席基思•戈特差点就成功 & 首席执行官
或Gregg Sedun,执行董事长
Dunsmuir街1055号2184室
温哥华,BC, V7X 1L3
T: 778.330.2760