Nov 15 (Reuters) - Sierra Madre Developments Inc SMGh.V :
* SIERRA MADRE DEVELOPMENTS ANNOUNCES CONSOLIDATION AND FINANCING
* APPROVED CONSOLIDATION OF CO'S 54 MILLION ISSUED, OUTSTANDING COMMON SHARES ON BASIS OF 1 NEW SHARE FOR EVERY 10 SHARES
Nov 15 (Reuters) - Sierra Madre Developments Inc SMGh.V :
* SIERRA MADRE DEVELOPMENTS ANNOUNCES CONSOLIDATION AND FINANCING
* APPROVED CONSOLIDATION OF CO'S 54 MILLION ISSUED, OUTSTANDING COMMON SHARES ON BASIS OF 1 NEW SHARE FOR EVERY 10 SHARES