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Re: Jamie3232 post# 279

Tuesday, 10/23/2018 2:07:40 PM

Tuesday, October 23, 2018 2:07:40 PM

Post# of 410
Yes,
They're being sued by Sarissa Resources.

Per the SRSR PR

Legal Matters Update

Nio-Star has retained the Toronto based law firm of Crawley MacKewn Brush LLP, a firm which specializes in securities litigation. To date, a defense has been filed on behalf of the Nio-Star subsidiary against lawsuits filed by former management, members of their families and related companies. In addition, Nio-Star has initiated a court action with claims against former management and associated parties, including Andrew Drew Currah, Lucas Currah, Penny Currah, Benedetto Fuschino, Larry Salo, Scott Keevil and Sabine Frisch, as well as companies related to the above individuals including Northern Rock Works LTD., Chapleau Birch Holdings LTD., 1777370 Ontario Inc., 2254022 Ontario LTD., Midnight Capital Corp., Fire Lake Resources Inc. For further details of these lawsuits please click here. Additionally, the Company has retained the US law firm Faegre Baker Daniels LLP to investigate additional US based claims against the above-mentioned parties for additional damages on behalf of Sarissa and its shareholders. The Company is confident that it will prevail on both the defense and counter claims and the additional forthcoming actions.

The Company also plans to provide evidence to various government agencies in both Canada and the United States in regards to details relating to these suits.

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