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HARD ASSets

11/04/11 8:32 AM

#110633 RE: downsideup #110629

It makes it sound like the Niostar deal, at least at this stage of it, might include a "separate listing" for Niostar, without that meaning that SRSR holders are going to get any shares..


DSU I can't imagine the company doing that. That would not be in keeping with the promise of increasing shareholder value. Why buy into SRSR if we would not get a piece of their flagship property?
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HARD ASSets

11/04/11 8:46 AM

#110634 RE: downsideup #110629

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.”