Sterling Group Ventures Inc.
FRANKFURT : GD7
OTC Bulletin Board : SGGV

Sterling Group Ventures Inc.

March 03, 2011 09:11 ET

Sterling Moves From Bulletin Board

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 3, 2011) - Sterling Group Ventures, Inc. (OTCBB:SGGV)(FRANKFURT:GD7) (the "Company") advises that it has moved from the OTCBB to the new three tier system recently mandated by FINRA. This is further explained by the article http://blog.redchip.com/index.php/stocks/otcbb-delistings-and-rule-15c2-11-what-happened.

The move which has resulted in the Company's symbol being appended by a PK in no way reflects on the Company's filing status with the SEC. The Company believes, to the best of its knowledge and belief, that it is up to date on all financial disclosure filings. The new system has three tiers under which the Company now is quoted in the middle tier OTCQB.

The Company is one of a large number of companies that have been moved to the new three tier system under Rule 15c-2-11. The Company is currently exploring a method to return to the full Bulletin Board

ON BEHALF OF THE BOARD OF DIRECTORS

Raoul Tsakok, Chairman & CEO

For further information, please check the Company's SEC filings.

Any forward-looking statement in this press release is made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that actual results may differ substantially from such forward-looking statements. Forward-looking statements involve risks and uncertainties including, but not limited to, economic and political factors, product prices and changes in international and local markets, as well as the inherent risks of the mining related business. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

Cautionary Note to U. S. Investors Concerning Estimates of Measure, Indicated, and Inferred Resources and Reserves. Statements regarding resources and reserves have been based on audits conducted under Chinese methods of calculation.

Contact Information

  • Sterling Group Ventures, Inc.
    Raoul Tsakok
    Chairman
    (604) 689-4407
    (604) 408-8515 (FAX)
    or
    Sterling Group Ventures, Inc.
    Richard Shao, PhD
    President
    (604) 689-4407
    (604) 408-8515 (FAX)
    or
    Sterling Group Ventures, Inc.
    Robert Smiley
    Director
    (604) 689-4407
    (604) 408-8515 (FAX)
    info@sterlinggroupventures.com
    www.sterlinggroupventures.com