Sienna Resources Inc. Announces a Flow-Through Private Placement

Sienna Resources Inc. has successfully closed a non-brokered flow-through private placement raising $270,000 at $0.15 per flow-through share. The financing structure includes no warrants and no finders' fees, helping to minimize dilution for existing shareholders. The proceeds will be specifically directed toward the company's existing projects in Saskatchewan, with particular focus on their copper/gold project that directly borders Ramp Metals Inc.'s active drilling operations.

The timing of this financing appears strategic, as it positions Sienna to capitalize on exploration activity in the immediate area. President Jason Gigliotti emphasized that this financing will enable an initial work program in Canada while the company also prepares for significant activity on its lithium and gold projects in the United States during the first half of 2026. This dual-jurisdiction approach suggests Sienna is positioning itself to benefit from both Canadian flow-through tax advantages and U.S. market opportunities.

The financing structure demonstrates fiscal discipline, with management choosing a smaller raise that minimizes shareholder dilution while providing sufficient capital for near-term exploration objectives. The flow-through shares are subject to standard regulatory hold periods of four months and one day, and the financing requires final approval from the TSX Venture Exchange. This financing positions Sienna to advance multiple commodity exposures across copper, gold, and lithium in two key mining jurisdictions.