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Re: downsideup post# 110629

Friday, 11/04/2011 8:46:46 AM

Friday, November 04, 2011 8:46:46 AM

Post# of 165875

The properties comprising the Nemegosenda property are held in a wholly-owned Canadian subsidiary. We have recently changed the name of this subsidiary to Nio-Star Corp.”
“We have been working with our financial advisors and consultants with the goal of improving the Company’s presence in certain capital markets around the world. This and certain other initiatives are focused on improving our corporate and listing status.
“All of the above referenced activities will enhance our ability to create or identify strategic opportunities that accelerate and intensify the realization of the value of our mineral properties. We have been engaged in various discussions regarding strategic initiatives that would help to optimize shareholder value. As Sarissa moves forward on these and other corporate fronts, please understand that the interests of your management team are aligned with the interests of our shareholders. We look forward to providing specific updates on our initiatives, as specific developments occur.”


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