Sarissa Resources Announces Changes to the Board of Directors

Sarissa Resources Announces Changes to the Board of Directors

Oakville, ON -- May 18, 2016 -- InvestorsHub NewsWire -- Sarissa Resources Inc. (“Sarissa” [SRSR:OTCPK], or the “Company”) is pleased to announce that Mr. Otto Pichler has been appointed on the board of the Company. Mr. Pichler replaces Dr. Cam Cheriton, who has resigned as a director of the Company.
 
Mr. Pichler has more than 35 years of hands on experience; 16 years in senior management roles (Managing Director, Chief Operating Officer and Chief Executive Officer) for several global companies with annual revenues up to US$700 Million Dollars. Mr. Pichler holds a degree in chemical engineering and has managed infrastructure projects with capital expenditure of up to US$450 Million Dollars.
 
Dan Byrnes, director of the Company, stated “I welcome Mr. Pichler to the board of the Company, Mr. Pichler is a significant long term shareholder and has extensive executive expertise in developing and operating businesses.  Mr. Pichler’s appointment to the board is the first step of many which will refocus the company on building shareholder value through the development of the Company’s Nio-Star subsidiary’s wholly owned Nemegosenda Niobium property into an operating mine.”
 
Mr. Pichler stated “Today marks the beginning of a fresh start for the company.  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 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 are specifically focused on the development of the Nemegosenda niobium project as well as the Shining Tree Resources Corp. gold projects.  Visit www.sarissaresources.ca for additional information.
 
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 Nio-Star 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 nor Nio-Star 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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Sarissa Resources Inc.
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