Sarissa and Indo Global announce by mutual agreement to
terminate the previously announced sale of the Nemegosenda
specialty metals and rare earth project
Toronto, Ca - June 28, 2017 - InvestorsHub NewsWire -
Sarissa Resources Inc. (OTC Markets: 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: ir@niotechcorp.com
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.
