Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Sienna Resources Inc V.SIE

Alternate Symbol(s):  SNNAF

Sienna Resources Inc. is focused on exploring for and developing high-grade battery metals deposits in mining jurisdictions. The Company’s projects include Elko Lithium Project, Clayton Valley Blue Clay Lithium Project, Clayton Valley Deep Basin Lithium Brine Project, Clayton Valley Silver Peak South Lithium Project, Dragon Uranium Project, Uranium Town Project, Marathon North Platinum-Palladium Property, Stonesthrow Gold Project, and others. Elko Lithium Project consists of 1,840 contiguous acres in Nevada. Clayton Valley Blue Clay Lithium Project consists of 150 contiguous claims totaling 3,100 acres prospective for lithium rights in Nevada. Clayton Valley Silver Peak South Lithium Project consists of one contiguous block totaling 1,812 acres. It owns the 10,845 contiguous acres of Dragon Uranium Project and the 10,357 acres of Uranium Town Project. It also owns the 55,440-acre Atomic Uranium Project. It also owns Case Lake West Cesium and Spodumene Pegmatite Project in Ontario.


TSXV:SIE - Post by User

Bullboard Posts
Post by Oilseekeron Feb 11, 2011 1:21pm
489 Views
Post# 18117701

Email information

Email information

 

Habanero Resources Inc

HAO: TSX Venture Exchange

HBNRF—USA

HRJ--Germany

 

Yesterday Pan Orient (see full news below) released an update on Andora Energy and the Oilsand Prospect Resource and a review of strategic alternatives for the Oilsands Prospect going forward.  According the press release from Pan Orient, "Pan Orient Energy Corp., on behalf of its 53.4-per-cent-owned subsidiary Andora Energy Corp., is providing the following information. The board of directors of Andora has determined that it is an appropriate time to assess strategic options for Andora. Andora has initiated a process to identify and consider strategic alternatives with a view to enhancing shareholder value. Strategic alternatives may include, but are not limited to, a sale of the corporation, a merger or other business combination, a farmin or farmout, an acquisition or disposition of assets, among other alternatives. To assist Andora in this process, Andora has retained Raymond James Ltd. as its sole and exclusive financial advisor."

 

During the year ended December 31, 2005, Habanero acquired 700,000 common shares of Andora Energy Corporation, a private company in the oil and gas industry in Alberta, Canada for a total cost of $350,000.  These shares account for approximately 1.27% of Andora Energy’s outstanding common shares.  In September 2006, we were given the option to tender our shares in Andora Energy for cash and shares in Pan Orient Energy at the time equivalent to approximately $1.25 per share but we chose not to.

Year of the Profit, Oilseeker

Bullboard Posts