Sarissa Resources Inc (SRSR)

[Tar sands]

Are we not getting way ahead of the game?

There is no reason to believe, at this point, that there is any Business discussion within Sarissa s offices that relate to them selling off the Niostar asset. The only word the Company has supplied was that it was their intention to separate Niostar and list it independently providing the Shareholders of Sarissa a dividend that would translate to shares in the new Niostar Entity. This has NOT yet happened but that scenario is the latest fact provided by Sarissa.

In the meantime Niostar and it s assets remain the property of Sarissa. As such the Board of Directors has the legal and business authority to divest itself of Company assets as they deem necessary. That would include Niostar and it s assets.

Could Niostar and / or it s assets be sold without the Shareholders of Sarissa receiving a direct benefit? The answer is Yes as the asset belongs to the Company not the Individual shareholder.

Is there possibility of a "sale" being structured that may benefit some more than others? Absolutely possible and it is a scenario that seemingly happens regularly in the Business environment that we live in.

However there is no indication from the Company that this is being considered.