Financings
Sienna Resources Inc. Announces a Flow-Through Private Placement

SIEN · Price
Executive Summary
- Sienna Resources Inc. completed a non‑brokered flow‑through private placement raising $270,000 at $0.15 per share.
- No warrants or finders’ fees were issued; proceeds will fund existing Saskatchewan copper/gold projects and support upcoming U.S. lithium and gold work programs in H1 2026.
- The transaction is subject to TSX Venture Exchange final approval and includes a statutory hold period on the shares.
Key Details
- Financing amount: $270,000 gross proceeds.
- Share price: $0.15 per flow‑through share (FT Share).
- Units sold: 1,800,000 FT Shares (calculated from total proceeds ÷ price).
- Warrants: None issued.
- Finders’ fees: None paid.
- Use of proceeds: Funding existing Saskatchewan copper/gold project and supporting planned lithium and gold projects in the United States during the first half of 2026.
- Statutory hold period: Shares subject to a hold period expiring four months and one day after closing.
- Regulatory condition: Financing pending final approval by the TSX Venture Exchange.
Notable Quotes
“This flow‑through will enable Sienna to work on our Saskatchewan Copper/Gold project that is directly bordering Ramp Metals Inc, who are drilling right now. This small flow‑through keeps dilution to a minimum and enables an initial work program in Canada as we also expect to be very active in the USA on our lithium and gold projects in the first half of 2026.” – Jason Gigliotti, President, Sienna Resources Inc.
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Jun 16, 2026 · 03:02