Sierra Resource Group Inc. (fka SIRG)

[RedShirt1]

WRONG

board of directors has approved a Letter of Intent with the Medina Property Group LLC, owners of a minority share of the Chloride Copper Mine. The letter is a binding agreement for the parties to proceed to a final document for the purchase by the Company of half of the 20% minority interest in the Chloride Copper Mine from the Medina Property Group, LLC, in exchange for a cash payment of $1,200,000