11:01 AM EST - Sierra Metals Inc. : Confirms that it received an unsolicited, non-binding letter of intent following the close of business on October 27 from Compañia Minera Kolpa S.A. , among others.The LOI outlines indicative terms for a proposed: (a) business combination of Kolpa and Sierra Metals; and (b) concurrent financing by an investment firm. Sierra Metals Inc.
shares T.SMT are trading down $0.01 at $0.29.
