TORONTO, September 23, 2016 /PRNewswire/ --
Sarissa Resources Inc. ("Sarissa" [SRSR:OTCPK], or the "Company") is announcing the termination of Mr. Scott Keevil, as an officer of the Company. Mr. Keevil has also been terminated as a director and officer of the Company's subsidiaries, Nio-Star Corp., and Shining Tree Resources Corp.
Dan Byrnes, President and interim CFO of the Company, stated: "The Board's decision to terminate Mr. Keevil as an officer of the Company, and as an officer and director of the Company's subsidiaries, is the culmination of months of work and diligence by the Board of Sarissa. Mr. Byrnes added: "With this behind us we can now focus on the substantial potential we see for proving out the economic value of the Nemegosenda Niobium property."
Mr. Pichler, Director of Sarissa stated: "We hope that today will mark the beginning of a fresh start for the Company. This is the culmination of the great effort and commitment that was promised when I joined the Company's Board. As a long term investor and significant shareholder of the Company, I look forward to ushering in a new era for the Company, one with a strong emphasis on corporate governance, transparency, diligent management and the building of shareholder value."
About Sarissa Resources Inc.
Sarissa Resources Inc. is a junior exploration Company with interests in properties in Northern Ontario, Canada. Sarissa and Nio-Star Corp. are specifically focused on the development of the Nemegosenda niobium project.
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Sarissa Resources Inc., Nio-Star Corp., and Shining Tree Resources Corp., as well as members of their respective management, in addition to the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of financial results and positions, the ability to compete successfully and the ability to complete above-referenced exploration and testing, as well as business transactions. Neither Sarissa Resources Inc., Nio-Star Corp., nor Shining Tree Resources Corp., undertakes any obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
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SOURCE Sarissa Resources Inc.