News
Sarissa Resources Inc. engages Dahlman Rose as advisers for corporate and project development |
| Posted on Aug 16 2010 |
| News >> Press Releases |
Oakville, ON, August 16, 2010 – Sarissa Resources Inc., (“Sarissa” or the “Company”) (OTCPinksheets: SRSR), is pleased to announce that the Company has engaged the investment banking firm, Dahlman Rose and Co., LLC (“Dahlman Rose”), to advise the Company on a range of strategic and financing options to further enhance the value of its Nemegosenda niobium project.
Dahlman Rose is a privately owned investment bank focused on growth industries that are the direct beneficiaries of global trade, infrastructure development, and urbanization. Further information on Dahlman Rose can be found at their website, http://www.dahlmanrose.com/Content/Corporate_Info.asp.
Recent activity at Sarissa has focused more on the corporate and strategic front than on exploration. Our Advisory Board was established earlier this spring to focus on corporate development and, with the addition of Dahlman Rose, provides the Company with significant resources to develop the plans to move forward on these fronts.
On the property side, the exploration management consulting group, Billiken Management Services Inc., has been retained to prepare updated Technical Reports on the Nemegosenda project. The 1st updated report is expected to be completed in August.
Safe Harbor
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., and members of its management as well as 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 operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
About Sarissa Resources Inc.
Sarissa Resources Inc. is a junior exploration company with interests in properties with base metal, precious metal, uranium, niobium and rare-earth prospects in Northern Ontario, Canada. The Company is specifically focused on the development of its Nemegosenda niobium project.
FOR FURTHER INFORMATION contact:
www.sarissaresources.com
and http://nemegosenda.sarissaresources.com/
Public Relations: Merle Goertz, 866-307-1331