Elissa Resources Ltd.

Elissa Resources Ltd.

September 22, 2011 06:30 ET

Elissa Resources Ltd. Joins OTCQX

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 22, 2011) - Elissa Resources Ltd. (TSX VENTURE:ELI)(OTCQX:ELSRF)(PINK SHEETS:ELSRF) ("Elissa" or the "Company") is pleased to announce its common shares have been called to trade on the OTC Markets Group highest tier, OTCQX International, under the ticker symbol "ELSRF". OTC Markets Group Inc. is a leading financial information and technology services company that provides the world's largest electronic inter-dealer quotation system, trading technology and financial information provider for over-the-counter (OTC) securities in the United States. Investors can find current financial disclosure and real-time Level 2 quotes for the Company on www.otcqx.com and www.otcmarkets.com.

As an OTCQX company, Elissa is expected to gain broader visibility from US Investors by being associated with the top segment of the United States OTC Market. Elissa joins several prominent mining companies who have also elected to access the U.S. markets using this platform.

Company CEO, Paul McKenzie, stated: "OTCQX listing is a step toward our ongoing quest to improve international recognition of the Company. With an aim to further increase the trading liquidity of our common shares."

About Elissa Resources Ltd.

Elissa Resources is advancing its 100% owned Thor heavy and light rare earth element (REE) project in Nevada, 28 km (16 miles) east of Molycorp Minerals' Mountain Pass REE deposit and processing facility, California. Additionally, Elissa has an option to earn a 100% interest on both the Sage Creek (Idaho) and St. Elmo (Nevada) gold projects. The Company is also reviewing and aggressively pursuing REE opportunities in other parts of Nevada and neighbouring states.

On behalf of the Board of Directors, I look forward to keeping you updated with our corporate developments.

Paul McKenzie, President & CEO

Disclaimer: Certain information regarding the Company including management's assessment of future plans and operations, may constitute forward-looking statements under applicable securities laws and necessarily involve risks associated with mining exploration and development, volatility of prices, currency fluctuations, imprecision of resource estimates, environmental and permitting risks, access to labour and services, competition from other companies and ability to access sufficient capital. As a consequence, actual results may differ materially from those anticipated in the forward-looking statements. A feasibility study has not been completed and there is no certainty the disclosed targets will be reached nor that the proposed operations will be economically viable. We seek safe harbour.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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