[ACCESSWIRE]
TORONTO, ON / ACCESSWIRE / June 28, 2017 / Sarissa Resources Inc. (OTC PINK: SRSR) ("Sarissa" or the "Company") announces the termination, effective June 12, 2017, of the previously announced agreement to sell (the "Transaction") the Nemegosenda specialty metals and rare earth project of Nio-Star Corporation, a Canadian subsidiary of Sarissa, to Indo Global Exchange(s) Pte, Ltd. (OTC Markets: IGEX) (Indo Global).
Dan Byrnes, President of Sarissa, stated, "While the termination of the Transaction is an unfortunate result, we expect to announce further details of our new plan to expedite the development of the Nemegosenda project within our Nio-Star subsidiary very soon."
Otto Pichler, Director, said, "I am looking forward to providing investors with further information in the coming days on the plan which will quickly allow for the necessary geological and processing work to begin in order move this project forward quickly."
About Sarissa Resources Inc.
Sarissa Resources Inc. is a mining development company with interests in properties in Northern Ontario, Canada. Sarissa and Nio-Star are specifically focused on the development of the Nemegosenda niobium project.
For further information, contact:
Sarissa Resources Inc.
Telephone: +1-702-550-2347
Email: [email protected]
Forward-Looking Statements
Certain statements in this press release may be considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may include projections of matters that affect revenue, operating expenses or net earnings; projections of growth; and assumptions relating to the foregoing. Such forward-looking statements are generally qualified by terms such as plans, anticipates, expects, believes or similar words of like kind. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or qualified. Future events and actual results could differ materially from those set forth in, contemplated by or underlying the forward-looking information. These factors are discussed in greater detail in the Company's business plan and filings with the OTC Markets.
SOURCE: Sarissa Resources Inc.
