Monthly Archives: June 2017

DEADLINE ALERT – – Bronstein, Gewirtz & Grossman, LLC Reminds Investors of Class Action Against Synchronoss Technologies, Inc. (SNCR) and Lead Plaintiff Deadline: June 30, 2017

NEW YORK, NY / ACCESSWIRE / June 29, 2017 / Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against Synchronoss Technologies, Inc. (“Synchronoss” or the “Company”) (NASDAQ: SNCR) and certain of its officers, and is on behalf of a class consisting of all persons or entities who purchased Synchronoss securities between December 6, 2016 through April 26, 2017, both dates inclusive (the “Class Period”). Such investors are advised to join this case by visiting the firm’s site: http://www.bgandg.com/sncr.

This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934 (the “Exchange Act”).

The Complaint alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, and failed to disclose that: (1) Synchronoss would not be able to meet revenue guidance provided to investors; (2) as a result, Synchronoss would need to revise its prior guidance; and (3) consequently defendants’ statements about Synchronoss’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

On April 27, 2017, pre-market, Synchronoss revealed that both its Chief Executive Officer, Ronald Hovsepian, and Chief Financial Officer, John Frederick, would be stepping down and informed investors that both would “pursue other interests.” Synchronoss also said that it “expects total revenue for the first quarter of 2017 to be $13 million to $14 million less than the company’s previously announced guidance” and that “[o]perating margins are expected to be 8% to 10%, which are less than previously announced guidance.” Following these announcements, Synchronoss stock has dropped as much as $12.10 per share, or 49.15%, during intraday trading on April 27, 2017.

A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm’s site: http://www.bgandg.com/sncr, or you may contact Peretz Bronstein, Esq. or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you suffered a loss in Synchronoss, you have until June 30, 2017 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm’s expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.

Contact:

Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | info@bgandg.com

SOURCE: Bronstein, Gewirtz & Grossman, LLC

ReleaseID: 466886

Global 3D laser scanners sales was 14,464 units and it will reach 21,746 uints in 2022

This report provides major statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market

Global 3D laser scanners sales was 14,464 units and it will reach 21,746 uints in 2022

Pune, India – June 29, 2017 /MarketersMedia/

In 2016, the global 3D laser scanners sales was 14,464 units and it will reach 21,746 uints in 2022; while the revenue of 3D laser scanners was 603 million USD in 2016 and will be 788 million USD in 2022, with a CAGR of 4.55% between 2016 and 2022.

Access this report at: https://www.themarketreports.com/report/global-3d-laser-scanners-sales-market-report-2017

Companies profiled in this report are Faro, Trimble, Topcon, Hexagon, Nikon Metrology, Creaform (AMETEK), Teledyne Optech, Z+F GmbH, Maptek, Kreon Technologies, ShapeGrabber, Surphaser, Riegl, 3D Digital, Carl Zeiss, Holon 3D, Hi-target, Vishot, Shining 3D and Hangzhou Scan Technology and more.

Analysis by Product Types, with production, revenue, price, market share and growth rate of each type, can be divided into
• Handheld
• Tripod Mounted
• Automated & CMM-based
• Desktop & Stationary

Analysis by Applications, this report focuses on consumption, market share and growth rate of 3D Laser Scanners in each application, can be divided into
• Aerospace and Defense
• Medical and Healthcare
• Architecture and Engineering
• Oil and gas, Energy and Power
• Automotive and Transportation
• Manufacturing and Others

Purchase this premium research report at: https://www.themarketreports.com/report/buy-now/510227

Table of Contents:
1 3D Laser Scanners Market Overview
2 Global 3D Laser Scanners Competition by Players, Type and Applicatio
3 Global North America 3D Laser Scanners (Sales, Revenue and Price)
4 China 3D Laser Scanners (Sales, Revenue and Price)
5 Europe 3D Laser Scanners (Sales, Revenue and Price)
6 Japan 3D Laser Scanners (Sales, Revenue and Price)
7 India 3D Laser Scanners (Sales, Revenue and Price)
8 Southeast Asia 3D Laser Scanners (Sales, Revenue and Price)
9 Global 3D Laser Scanners Players Profiles and Sales Data
10 3D Laser Scanners Manufacturing Cost Analysis
11 Industrial Chain, Sourcing Strategy and Downstream Buyers
12 Marketing Strategy Analysis, Distributors/Traders
13 Market Effect Factors Analysis
14 Global 3D Laser Scanners Market Forecast (2017-2022)
15 Research Findings and Conclusion
16 Methodology and Data Source

Inquire more about this report at: https://www.themarketreports.com/report/ask-your-query/510227

Contact Info:
Name: Shirish Gupta
Email: sales@themarketreports.com
Organization: The Market Reports
Address: SF-29, North Block, Sacred World, Wanawadi
Phone: +1-631-407-1315

Source URL: http://marketersmedia.com/global-3d-laser-scanners-sales-was-14464-units-and-it-will-reach-21746-uints-in-2022/212647

For more information, please visit https://www.themarketreports.com/report/global-3d-laser-scanners-sales-market-report-2017

Source: MarketersMedia

Release ID: 212647

DEADLINE ALERT – – Bronstein, Gewirtz & Grossman, LLC Reminds Investors of Class Action Against Anadarko Petroleum Corporation (APC) & Lead Plaintiff Deadline – July 3, 2017

NEW YORK, NY / ACCESSWIRE / June 29, 2017 / Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against Anadarko Petroleum Corporation (“Anadarko” or the “Company”) (NYSE: APC) and certain of its officers, on behalf of shareholders who purchased Anadarko securities between February 17, 2016 and May 2, 2017, both dates inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting the firm’s site: http://www.bgandg.com/apc.

This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934.

The complaint alleges that throughout the Class Period, defendants made materially false and misleading statements and failed to disclose that: (1) Anadarko’s maintenance and safety protocols in respect to certain of its vertical wells were inadequate; (2) due to the foregoing shortcomings, these wells were at an increased risk of explosion; and (3) consequently, Anadarko’s public statements were materially false and misleading at all relevant times.

On April 17, 2017, a deadly explosion killed two individuals and critically injured another in a recently built home located within 170 feet of an Anadarko well. On April 26, 2017, The Denver Post reported that Anadarko “plans to shut down 3,000 vertical wells in northeastern Colorado after a fatal home explosion in Firestone near one of its wells.” Following this news, Anadarko stock dropped $2.84 per share, or 4.73%, to close at $57.12 on April 27, 2017.

On May 2, 2017, the Frederick-Firestone Fire Protection District, together with the Firestone Police Department and the Colorado Bureau of Investigation, determined that the fatal home explosion was due to a faulty gas line connected to an old well owned by Anadarko. Officials said that the gas line was abandoned, but not disconnected from the wellhead and sealed at both ends. As a result, the line only stopped leaking gas after Anadarko shut down 3,000 wells in the region following the explosion. Following this news, Anadarko stock dropped $4.54 per share, or 8.07%, to close at $51.74 on May 3, 2017.

A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm’s site: http://www.bgandg.com/apc, or you may contact Peretz Bronstein, Esq. or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you suffered a loss in Anadarko, you have until July 3, 2017 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm’s expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.

Contact:

Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | info@bgandg.com

SOURCE: Bronstein, Gewirtz & Grossman, LLC

ReleaseID: 465322

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Reminds Shareholders of Eco Science Solutions, Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of July 24, 2017 – ESSI

NEW YORK, NY / ACCESSWIRE / June 29, 2017 / The following statement is being issued by Levi & Korsinsky, LLP:

To: All persons or entities who purchased or otherwise acquired securities of Eco Science Solutions, Inc. (“Eco Science Solutions”) (OTC PINK: ESSI) between May 1, 2017 and May 19, 2017. You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the District of New Jersey. To get more information go to: http://www.zlk.com/pslra-sb/eco-science-solutions-inc?wire=1 or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The complaint alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (i) the Company’s plan for strategic acquisitions lacked veracity; and (ii) as a result, Defendants’ statements about the Company’s business, operations and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. On May 19, 2017, the U.S. Securities and Exchange Commission issued an order of suspension of trading, halting trading of the Company’s securities.

If you suffered a loss in Eco Science Solutions you have until July 24, 2017 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
30 Broad Street – 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com

SOURCE: Levi & Korsinsky, LLP

ReleaseID: 467147

Global market for Bimetallic Bandsaw Blade is expected to reach about 2.12 billion USD by 2022 from 1.79 billion USD in 2017

This report provides major statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market

Global market for Bimetallic Bandsaw Blade is expected to reach about 2.12 billion USD by 2022 from 1.79 billion USD in 2017

Pune, India – June 29, 2017 /MarketersMedia/

Annual estimates and forecasts are provided for the period 2017 through 2022. Also, a six-year historic analysis is provided for these markets. The global market for Bimetallic Bandsaw Blade is expected to reach about 2.12 billion USD by 2022 from 1.79 billion USD in 2017, registering a Compounded Annual Growth Rate (CAGR) of 3.43% during the analysis period, 2017-2022.

Access this report at: https://www.themarketreports.com/report/global-bimetallic-bandsaw-blade-market-research-report-2017

Companies profiled in this report are Amada, Wikus, Lenox, Starrett, Bahco, Benxi Tool, M. K. Morse, Eberle, Doall, Bichamp, Simonds International, Robert Rontgen, Smg, Tcjy, Bipico , Dalian Bi-Metal, Dsspc-Sanda and more.
Analysis by Product Types, with production, revenue, price, market share and growth rate of each type, can be divided into
• High speed steel band saw blade
• Tungsten carbide band saw blade

Analysis by Applications, this report focuses on consumption, market share and growth rate of Bimetallic Bandsaw Blade in each application, can be divided into
• Ferrous metallurgy industry
• Machining
• Automobile industry
• Aviation

Purchase this premium research report at: https://www.themarketreports.com/report/buy-now/571109

Table of Contents:
1 Bimetallic Bandsaw Blade Market Overview
2 Global Bimetallic Bandsaw Blade Market Competition by Manufacturers
3 Global Bimetallic Bandsaw Blade Production by Regions (2012-2017)
4 Global Bimetallic Bandsaw Blade Consumption (Km) by Regions (2012-2017)
5 Global Bimetallic Bandsaw Blade Production, Revenue (Value), Price Trend by Types
6 Global Bimetallic Bandsaw Blade Market Analysis by Applications
7 Global Bimetallic Bandsaw Blade Manufacturers Profiles/Analysis
8 Bimetallic Bandsaw Blade Manufacturing Cost Analysis
9 Industrial Chain, Sourcing Strategy and Downstream Buyers
10 Marketing Strategy Analysis, Distributors/Traders
11 Market Effect Factors Analysis
12 Global Bimetallic Bandsaw Blade Market Forecast (2017-2022)
13 Research Findings and Conclusion
14 Appendix

Inquire more about this report at: https://www.themarketreports.com/report/ask-your-query/571109

Contact Info:
Name: Shirish Gupta
Email: sales@themarketreports.com
Organization: The Market Reports
Address: SF-29, North Block, Sacred World, Wanawadi
Phone: +1-631-407-1315

Source URL: http://marketersmedia.com/global-market-for-bimetallic-bandsaw-blade-is-expected-to-reach-about-2-12-billion-usd-by-2022-from-1-79-billion-usd-in-2017/212653

For more information, please visit https://www.themarketreports.com/report/global-bimetallic-bandsaw-blade-market-research-report-2017

Source: MarketersMedia

Release ID: 212653

EQUITY ALERT: Levi & Korsinsky, LLP Reminds Shareholders of JBS S.A. of a Class Action Lawsuit and a Lead Plaintiff Deadline of July 21, 2017 – JBSAY

NEW YORK, NY / ACCESSWIRE / June 29, 2017 / The following statement is being issued by Levi & Korsinsky, LLP:

To: All persons or entities who purchased or otherwise acquired securities of JBS S.A. (“JBS”) (OTCQX: JBSAY) between June 2, 2015 and May 19, 2017. You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the Eastern District of New York. To get more information go to: http://www.zlk.com/pslra-sb/jbs?wire=1 or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The complaint alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) JBS executives bribed regulators and politicians to subvert food inspections of its plants and overlook unsanitary practices, such as processing rotten meat and running plants with traces of salmonella; (2) JBS Chairman Joesley Batista was providing monthly bribery payments to a former Brazilian government official and a lobbyist; (3) there were irregularities with the loans JBS received from Brazilian state-owned development bank BNDES; (4) JBS and other entities controlled by JBS Chairman Joesley Batista and JBS CEO Wesley Batista made suspicious trades that exhibit signs of possible insider trading prior to the revelation of a plea deal by JBS’ top executives; and (5) consequently, defendants’ statements about JBS’ business, operations and prospects were materially false and misleading and/or lacked a reasonable bases at all relevant times.

If you suffered a loss in JBS you have until July 21, 2017 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
30 Broad Street – 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com

SOURCE: Levi & Korsinsky, LLP

ReleaseID: 467146

EQUITY ALERT: Levi & Korsinsky, LLP Reminds Shareholders of Snap Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of July 17, 2017 – SNAP

NEW YORK, NY / ACCESSWIRE / June 29, 2017 / The following statement is being issued by Levi & Korsinsky, LLP:

To: All persons or entities who purchased or otherwise acquired securities of Snap Inc. (“Snap”) (NYSE: SNAP) (1) pursuant and/or traceable to Snap’s initial public offering on or about March 2, 2017 and/or (2) between March 2, 2017 through May 15, 2017. You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the Central District of California. To get more information go to: http://www.zlk.com/pslra/snap-inc?wire=1 or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The complaint alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to discloses that: (1) Snap’s reported user growth was materially false and misleading; and (2) as a result, Snap’s public statements were materially false and misleading at all relevant times.

On May 10, 2017, Snap disclosed disappointing user growth in its first quarterly report. For the quarter, Snap reported 166 million daily users, only 8 million more than the previous period and only 44 million more than the same period in the prior year. On this news, shares of Snap fell $4.93 per share or over 21% to close at $18.05 per share on May 11, 2017. On May 16, 2017, Bloomberg reported that a former Snap employee had filed a lawsuit against Snap, “claim[ing] he was fired after three weeks on the job for raising questions about allegedly false growth metrics [and] seeking whistleblower protection against retaliation by [the] company.”

If you suffered a loss in Snap you have until July 17, 2017 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
30 Broad Street – 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com

SOURCE: Levi & Korsinsky, LLP

ReleaseID: 467145

DEADLINE TOMORROW: The Klein Law Firm Reminds Investors of a Class Action Filed on Behalf of ImmunoCellular Therapeutics, Ltd. Shareholders and a Lead Plaintiff Deadline of June 30, 2017

NEW YORK, NY / ACCESSWIRE / June 29, 2017 / The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of ImmunoCellular Therapeutics, Ltd. (NYSE MKT: IMUC) who purchased shares between May 1, 2012 and December 11, 2013. The action, which was filed in the United States District Court for the Central District of California, alleges that the Company violated federal securities laws.

In particular, the complaint alleges that throughout the Class Period, defendants made materially false and/or misleading statements and/or failed to disclose that (1) ImmunoCellular retained Lidingo Holdings, LLC to publish promotional articles designed to unlawfully promote the Company; (2) as a result of this scheme, the market was led to believe that ImmunoCellular’s clinical studies for its product candidate ICT-107 was going well and the Company’s share price was artificially inflated.

On April 10, 2017, the Securities and Exchange Commission announced enforcement actions against numerous individuals and entities, including ImmunoCellular, which had engaged in stock promotion schemes.

Shareholders have until June 30, 2017 to petition the court for lead plaintiff status. Your ability to share in any recovery does not require that you serve as lead plaintiff. You may choose to be an absent class member.

If you suffered a loss during the class period and wish to obtain additional information, please contact Joseph Klein, Esq. by telephone at 212-616-4899 or visit http://www.kleinstocklaw.com/pslra-sa/immunocellular-therapeutics-ltd?wire=1.

Joseph Klein, Esq. is an experienced attorney and has also practiced as a Certified Public Accountant. Mr. Klein represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

Joseph Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
Telephone: (212) 616-4899
Fax: (347) 558-9665
www.kleinstocklaw.com

SOURCE: The Klein Law Firm

ReleaseID: 467135

HE Solar is Now Offering Installation of Solar Panels in Austin, TX, as Well as Energy Storage Systems

HE Solar Uses Premium Materials and Guarantees that a Licensed Electrician and NABCEP Solar Professional will be On-Site at all Times

BUDA, TX / ACCESSWIRE / June 29, 2017 / The founders of HE Solar, a small solar company located in Austin, Texas, are pleased to announce that they are now offering installation of solar panels and energy storage systems. For local residents who are looking to switch from electric to solar power, HE Solar now provides solar panels Austin residents can rely on for their quality.

To learn more about HE Solar and the various types of residential solar installations that they offer their clients, please visit the company website at any time.

As a company spokesperson noted, in addition to using only the most premium materials for their solar panels, HE Solar guarantees that a Licensed Electrician and NABCEP Solar Professional will be on-site, at all times. In addition, owners and twin brothers Eric and Derrick Hoffman work with every home owner on the system design, installation and operation.

“Our customers appreciate that the solar system guarantees are being made by the company’s owners, instead of a salesman,” noted the spokesperson, adding that the Hoffman family has been providing electrical services in the greater Austin area for over 35 years through Hoffman Electric. Now, with the addition of the new installation and energy storage system services, they are happy to provide solar power in Austin.

“As a family company, our main priority is providing a great quality of life for our customers, employees and families. Solar power is our craft and we spare no expense on our continuing education and safety standards. We have no interest in becoming a volumized company that relies on sub contractor labor.”

In order to accommodate as many of their customers’ homes as possible, HE Solar currently offers four types of residential installation. The most common is asphalt shingle installation; in addition to being the most common roof type in Central Texas, the roof is easily flashed for solar panels. The friendly and experienced team from HE Solar can also work with metal roofs, attaching the solar racking directly to the metal roof seams, with no roof penetration needed. Tile roof installation is also available, as is ground mounted solar panels for home owners with large properties.

About HE Solar:

HE Solar LLC is a small Austin solar company and takes pride in its ability to provide a friendly, stress-free experience for its customers. Find out more at https://www.hesolarllc.com.

Contact:

Eric Hoffman
info@hesolarllc.com
(512) 921-6763

SOURCE: HE Solar LLC

ReleaseID: 467132

Sarissa Announces Partnership with RP Capital Group Inc., to Develop its Nemegosenda Specialty Metals (Niobium) and Rare Earth Project in Ontario, Canada

TORONTO, ON / ACCESSWIRE / June 29, 2017 / Sarissa Resources Inc. (OTC PINK: SRSR) (Sarissa or the Company), announces a Letter of Intent with RP Capital Group Inc. to become its partner in the development of the Nemegosenda specialty metals (niobium) and rare earth project with Nio-Star Corporation (Nio-Star), a Canadian subsidiary of Sarissa.

RP Capital Group Inc. is an international investment firm based in Montreal, Canada. Its Chairman, Ronald A. Potts has orchestrated numerous private equity transactions and has decades of experience in the international arena. Prior to his current role, Mr. Potts was active in the wealth management Business in North America and also the Executive Chairman of Nihon Global Advisors, a large Family Office and Real Estate firm. Mr. Potts has over 40 years experience in the investment industry including Vice President and Director of RBC Capital Markets. Specializing in investment opportunities and sourcing capital, Mr. Potts has raised over $4 billion for numerous projects. Mr. Potts holds a B.A. in Economics from the University of Western Ontario and also completed an SIA program at The Wharton School of the University of Pennsylvania.

The Letter of Intent outlines the agreement in which RP Capital Group Inc., will make an immediate initial investment of $C250,000 into Nio-Star as well as provide investment banking, capital markets, executive recruiting, legal and other business services as well as raise additional capital up to $C25,000,000 as project milestones are met. RP Capital Group Inc’s investment will be in the form of a Secured Convertible Loan which will convert to a 35% stake in the Nemegosenda project.

Dan Byrnes, President, stated, “The addition of RP Capital Group to the Nemegosenda project is the game changing event we have been working to secure for the company. The project will now have availability to the business and mining expertise as well as the capital necessary to rapidly move the project forward. We will immediately begin the geological and processing work that is required to further de-risk the project. Contracts with vendors to perform this work have already been signed and work will begin immediately. I look forward to providing additional details of the work being implemented, our team of geological and mining experts who are advising the company, and our future business plans in the coming days and weeks.”

Otto Pichler, Director, said, “We are very pleased to have RP Capital Group as our partners in this project. Their expertise, connections, and capital are the missing ingredient which will allow for our future success. I am eager to see the advice and hard work of our team of mining experts over the past couple of months become reality as we engage world class geological vendors to carry out this initial project work which is expected to significantly further de-risk the project and provide a path for further mine development.

Ronald Potts, Chairman of RP Capital Group added, “We are extremely pleased to be involved in the Nemegosenda project. This project is uniquely suited to impact the need for diversity of supply in the global Niobium business. According to industry sources, global demand for niobium is expected to continue to grow significantly and with only 3 significant existing producers in the world, there is a growing concern about diversity of supply. RP Capital Group is well positioned to provide the necessary expertise and capital to make this project a long-term success.”

About Sarissa Resources Inc.

Sarissa Resources Inc. is a mining development company with interests in properties in Northern Ontario, Canada. Sarissa and Nio-Star are specifically focused on the development of the Nemegosenda niobium project.

For further information contact:

Sarissa Resources Inc.
Telephone: +1-702-550-2347
Email: ir@niotechcorp.com

Forward-Looking Statements Certain statements in this press release may be considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may include projections of matters that affect revenue, operating expenses or net earnings; projections of growth; and assumptions relating to the foregoing. Such forward-looking statements are generally qualified by terms such as plans, anticipates, expects, believes or similar words of like kind. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or qualified. Future events and actual results could differ materially from those set forth in, contemplated by or underlying the forward-looking information. These factors are discussed in greater detail in the Company’s business plan and filings with the OTC Markets.

SOURCE: Sarissa Resources Inc.

ReleaseID: 467134