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Wednesday, August 03, 2011 12:02:50 PM
Pennytrader: …$SRSR are included in our Top Penny Stock Gainers.
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. Sarissa Resources, Inc. (Pinksheets: SRSR.PK – News) announced that it has entered into an option and financing agreement (the "Option") with a company based in Hong Kong (referred to as "HKHE"). Under the terms of the Option, when exercised, between CDN$5,500,000 and CDN$10,000,000 will have been raised by HKHE and Sarissa will transfer the ownership of its wholly-owned subsidiary, Nio-Star Corp., to HKHE in return for approximately 65% to 75% of the capital of HKHE, depending on the amounts raised. At that time Sarissa will have the right to appoint three directors to the board of HKHE, and the finance group will have the right to appoint two.
MrBigzStockPix -- $SRSR has over $230,000 in volume so far today – news was HUGE
MrBigzStockPix - $SRSR now up 23.7%
theStockWizards – OTC Small Cap Opening Bell Stock Report … $SRSR | Undiscovered Equities
4- Sarissa Resources, Inc. (SRSR.PK) last tick .0683 up ticking 14% on intra-day volume of 1.2 million shares exchanging hands and nearly session.
In the company’s latest press release SRSR announce that it has entered into an option and financing agreement (the “Option”) with a company based in Hong Kong (referred to as “HKHE”). Under the terms of the Option, when exercised, between CDN$5,500,000 and CDN$10,000,000 will have been raised by HKHE and Sarissa will transfer the ownership of its wholly-owned subsidiary, Nio-Star Corp., to HKHE in return for approximately 65% to 75% of the capital of HKHE, depending on the amounts raised. At that time Sarissa will have the right to appoint three directors to the board of HKHE, and the finance group will have the right to appoint two.
Sarissa Resources Inc., an exploration stage company, engages in the exploration and development of mineral resource properties in Canada. The company primarily explores for niobium and tantalum prospects.
MWO_691 - $SRSR vol/creeping
MrBigzStockPix - $SRSR up 11.8%
OnlyCharts - $SRSR is trading above .06, which was some short term resistance from the past few days. This could be the start of the next leg up.
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