Sarissa Resources, Inc. (OTCPK:SRSR) announced a private placement of 31,250,000 shares at a price of $0.008 per share for gross proceeds of $250,000 on October 2, 2014. The securities will be issued to the existing shareholders. The securities issued are restricted.

The company will issue securities pursuant to exemption provided under Regulation D. The round will include participation from nine investors.