STERLING GROUP VENTURES, INC. (OTCMKTS:SGGV) Files An 8-K Entry into a Material Definitive AgreementITEM 1.01. ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.
Due to delays in organizing the of some of the shareholders of Euroclub Holding Ltd. (“Euroclub”), on January 11, 2017 the Company and Euroclub signed an amendment to the Share Exchange Agreement moving the closing date to January 11, 2017. As of January 11, 2017, the shares in connection with the Agreement have been issued and the Agreement has closed.
About STERLING GROUP VENTURES, INC. (OTCMKTS:SGGV)
Sterling Group Ventures, Inc. is an exploration-stage company. The Company is engaged in the business of mining exploration and development. The Company operates in Canada and China. The Company focuses on the search, exploration and development of phosphate and related minerals in China and other countries. The Company operates Gaoping Phosphate Project located in Tanjiachang village, Chenxi County, Hunan Province, China and other phosphate resources in Hunan Province. Gaoping Phosphate Property is surrounded by Tanjiachang Phosphate Exploration Concession. The property is located in Hunan Province in South Eastern China over 250 kilometers west of the Provincial Capital of Changsha and approximately 120 kilometers northeast of the regional center of Huaihua and over 40 kilometers east of the County seat at Chenxi. As of May 31, 2016, the Gaoping mineral property was an exploration-stage property. As of May 31, 2016, the Company had not generated any revenues. STERLING GROUP VENTURES, INC. (OTCMKTS:SGGV) Recent Trading Information
STERLING GROUP VENTURES, INC. (OTCMKTS:SGGV) closed its last trading session up +0.010 at 0.160 with 11,500 shares trading hands.