Nathan and Sandra Kahn to Explore Possible Acquisition of Empire Resources, Inc.

FORT LEE, N.J., Sept. 17, 2015 /PRNewswire/ -- Empire Resources, Inc. (NASDAQ:ERS), announced today that its Board of Directors has been advised by Nathan and Sandra Kahn that they have decided to explore the possibility of formulating a proposal to acquire all of the shares of common stock of Empire Resources, Inc. that the Kahns do not currently own.  Nathan Kahn is the Company's Chief Executive Officer and President and Sandra Kahn is the Company's Vice President, Chief Financial Officer, Treasurer and Secretary.  The Kahns currently beneficially own approximately 46% of the Company's common stock (including shares issuable upon convertible notes owned by the Kahns/Nathan Kahn).  There can be no assurance that the Kahns will make any proposal to acquire the Company or, if a proposal is made, that any transaction will result.

The Company's Board of Directors has created a Special Committee to consider any acquisition proposal that may be submitted to the Company.

SOURCE Empire Resources, Inc.