Sterling Mining Company
OTC Bulletin Board : SRLM
FRANKFURT : SMX
TSX : SMQ

Sterling Mining Company

June 06, 2008 13:22 ET

Sterling Mining Confirms TDSI as Advisor

WALLACE, IDAHO--(Marketwire - June 6, 2008) - Sterling Mining Company (TSX:SMQ)(OTCBB:SRLM)(FRANKFURT:SMX) has engaged TD Securities Inc. ("TDSI"), to provide financial advisory services, and to act as exclusive financial advisor and agent to Sterling.

Ken Berscht, Sterling's interim President/CEO, commented, "Due to the recent changes in management and the continuing focus on operations, the Company recognizes the need to develop a comprehensive financial strategy. TDSI's reputation and long standing relationship with Sterling will be invaluable as we plan for the future."

About Sterling Mining Company

Sterling Mining controls the Sunshine Mine, which began initial production in December 2007, and related exploration lands in the prolific Silver Valley of northern Idaho. The Company also holds several silver properties in Mexico, including the Barones Tailings Project in the Zacatecas Silver District. Shares of Sterling Mining Company trade on the TSX under the symbol "SMQ", on the OTCBB under the symbol "SRLM", and also on the Frankfurt Stock Exchange under the trading symbol "SMX".

FOR FURTHER INFORMATION, visit the Company's website at www.SterlingMining.com.

To receive Sterling news via email, please email supertina@sterlingmining.com and specify "SMQ news" in the subject line.

Cautionary Language and Forward Looking Statements

This press release may contain "forward-looking statements", which are subject to various risks and uncertainties that could cause actual results and future events to differ materially from those expressed or implied by such statements. Investors are cautioned that such statements are not guarantees of future performance and results. Risks and uncertainties about the Company's business are more fully discussed in the Company's disclosure documents filed from time to time with the Canadian securities authorities.

This press release does not constitute an offer to sell or a solicitation to buy securities, and contains forward-looking statements regarding the Company within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. These statements are based on assumptions that the Company believes are reasonable but that are subject to uncertainties and business risks. Actual results relating to any and all of these subjects may differ materially from expected results. Factors that could cause results to differ materially include economic and political events, the ability to raise capital in the financial markets, and other factors discussed in the Company's periodic filings with the Securities and Exchange Commission, including its annual report on Form 10-K for the year ended December 31, 2007 and subsequent 10-Q and 8-K filings.

Contact Information

  • Sterling Mining Company
    Ken Berscht
    President
    (403) 830-7566 or (208) 699-2503
    or
    Sterling Mining Company
    Monique Hayes
    Investor Relations
    (208) 699-6097
    Website: www.SterlingMining.com