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Sienna Resources (TSXV:SIE) turns attentions to European operations

Mining
TSXV:VIE
30 October 2020 11:46 (EDT)

Mining company Sienna Resources (SIE) has entered into an agreement with capital markets group EuroSwiss Equity Group.

Under the agreement, EuroSwiss will assist the company with various aspects of its European operations. This will include help with business development, media awareness, and investor relations activities in Switzerland and other European nations.

Sienna’s arrangement with EuroSwiss is currently for an initial term of six months, although it is subject to renewal if the two parties provide mutual agreement. For its services during the initial six-month term, Sienna will pay EuroSwiss a fee of C$20,000.

EuroSwiss is a well-respected, European-focused capital markets group, which has built a large following of institutional and high net worth investors throughout Europe. This will be of great benefit to Sienna Resources, since many of the company’s investors hail from the continent.

Sienna Resources’ President, Jason Gigliotti, said the company is looking forward to working with EuroSwiss and having access to its multi-faceted targeted services.

“Sienna is very active on multiple projects at this time, with a primary focus in Ontario, Finland, and Norway. 

“Therefore, it is logical for Sienna to partner with a European-based firm, and we now also have a significant per cent of our shareholders being based in Europe.

“Sienna is expecting a strong flow of news from all of our projects in the coming weeks and management is very optimistic about what will be uncovered by having boots on the ground currently in multiple continents,” he said. 

Sienna Resources (SIE) remains unchanged at 7.5 cents per share.

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