Sarissa Resources Inc. Announces Election of New Board of Directors

Rhea-AI Summary

Sarissa Resources Inc. (SRSR) announced the election of Dino Micacchi and Ben Fuschino to its Board of Directors during a Special Meeting of Shareholders on April 1, 2021. This follows an order by the Eighth Judicial District Court of Clark County from November 11, 2020. Effective March 29, 2021, all previous officers were removed, with Fuschino appointed as President and CEO, and Micacchi as CFO and Treasurer. The company has relocated its Head Office to Woodstock, Ontario, Canada.

Positive

• New leadership may provide fresh perspectives and strategic direction.
• Relocation to a new office might enhance operational efficiency.

Negative

• Removal of all previous officers raises concerns about continuity.
• Potential experience gaps with new leadership could affect operations.

WOODSTOCK, ON, April 1, 2021 /PRNewswire/ -- Sarissa Resources Inc. (OTC-PINK: SRSR) ("Sarissa" the "Corporation") is pleased to announce today the election of Dino Micacchi and Ben Fuschino to the Company's two Board of Directors positions, during the Special Meeting of Shareholders called by a group of the Corporation's shareholders pursuant to the Corporation's By-laws and the order of the Eighth Judicial District Court of Clark County, Nevada entered on November 11, 2020, in Case No. A-20-814135-B.

The By-laws of the Corporation provide that the Board of Directors may remove any or all the officers of the Corporation and may appoint such officers as the business of the Corporation may require and that a person may hold two or more offices.

The Board of Directors of the Corporation unanimously resolved that effective March 29, 2021:

1. All the previous officers of the Corporation were removed as officers of the Corporation;
2. Ben Fuschino was appointed President and Chief Executive Officer, and Secretary of the Corporation;
3. Dino Micacchi was appointed Chief Financial Officer and Treasurer of the Corporation.

The Corporation is also pleased to announce the Head Office has been relocated to:

20 - 1033 Pattullo Ave. | Woodstock | Ontario | Canada | N4V 1C8

For more information or contact investor relations:

Peter J. Nicosia
President
Bull In Advantage, LLC
585-703-6565
info@bluehorseshoestocks.com
bullinadvantage@aol.com

Safe Harbor Statement: This press release contains forward looking statements of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act. Forward looking statements are not a guarantee of future performance and results, and will not be accurate indications of the times, or by, which such performance will be achieved.

 

 

View original content:http://www.prnewswire.com/news-releases/sarissa-resources-inc-announces-election-of-new-board-of-directors-301260806.html

SOURCE Sarissa Resources Inc.

FAQ

Who were elected to the Board of Directors of Sarissa Resources Inc. on April 1, 2021?

Dino Micacchi and Ben Fuschino were elected to the Board of Directors.

What positions were Ben Fuschino and Dino Micacchi appointed to after the Board election?

Ben Fuschino was appointed President, CEO, and Secretary; Dino Micacchi was appointed CFO and Treasurer.

What major change occurred at Sarissa Resources Inc. on March 29, 2021?

All previous officers of the Corporation were removed and new officers were appointed.

Where has Sarissa Resources Inc. relocated its Head Office?

The Head Office has been relocated to Woodstock, Ontario, Canada.

What prompted the Special Meeting of Shareholders for Sarissa Resources Inc.?

The meeting was called by a group of shareholders under the Corporation's By-laws and a court order.