SGCP letter to DTCC
SIERRA GOLD CORPORATION
5tl3 * iq2 Jarvis Street
Toronto. 0N
Mii] 2J9
t41(tl 2Alr-6966
September ll,20l2
DTCC
55 Water Street
New York, N.Y.
u.s.A. 10047-0099
Attention : Compliance Department
Re: Depository Chill on Sierra Gold Corporation CUSIP # 8263J5-10-3
On August 30,2012 Sierra Gold Corporation (SGC) received an e-mail from a shareholder asking
why DTCC placed a uchill" order on SGC. Additional similar shareholder requests for
information on the issue were received over the long weekend and into the week of September 5,
2012.
The company was advised by a shareholder over the Labour Day weekend that some other
companies had received similar restrictions placed on them by DTCC but unlike SGC, they had
received written notice by DTCC. SGC expected to receive an official notice of some sort from
DTCC in order that a response to any shareholder concerns could be addressed in a timely
manner. As you can imagine, the rumours regarding the problem were numerous and varied.
SGC did research the problem on our own to the extent capable and since the company has
received no written, electronic or verbal communication from DTCC, the intent of this leffer is to
ask for clarification from DTCC.
The company is of &e opinion the real issue involves the trading of stock by one Mr. Bronson
and Fairhills Capital over which SGC has no control and thus is put in a position of collateral
damage. This situation that the company is put in is damaging to its agricultural and mining
operation but more specifically to the shareholders who support and have supported the company
for the past 6 years.
I would respectfully request a clarification response from DTCC in order for the company to
respond and resolve any issues and return to "Unchilled" status.
Sincerely,
Chairman and CEO
