Sarissa Resources, Inc., through its wholly-owned subsidiary Nio-Star Corp. announced that they and a mining group have signed a Letter of Intent to form a Joint Venture company to finance the advanced exploration of Nio-Star's Nemegosenda niobium property near Chapleau in Northern Ontario. The parties will enter into a definitive joint venture agreement upon obtaining approval of the appropriate Government Agencies. The formation of the JV will include the funding necessary for the completion of a Bankable Feasibility Study for the project and payments to Nio-Star.

Sarissa Resources, Inc., Annual General Meeting, Oct 18, 2011., at 10:10 Eastern Daylight. Location: The office of Ormston List Frawley LLP. Agenda: To receive and consider the financial statements of the company for the year ended December 31, 2010; to elect the directors as nominated by the management of the company; to approve an increase in the authorized capital of the company; to approve the company’s amended and restated stock option plan; to approve a transfer agreement in pursuit of a separate public listing for Nio-Star Corp; to approve a spin out trasaction for shining Tree Resources Corp; and to transact such further or other business as many properly come before the meeting.