STERLING GROUP VENTURES, INC. (OTCMKTS:SGGV) Files An 8-K Other Events
ITEM 8.01. OTHER EVENTS

On February 16, 2017, the Board of Directors of Sterling Group Ventures Inc. (“the Company”) approved the extension of 3,817,500 Series “A” Share Purchase Warrants (the “A” Warrants) to the earlier of May 17, 2017 or the close of business on the 30th day after a takeover bid for the Company’s issued and outstanding share capital has been made by a third party and approved by the shareholders of the Company.

Upon exercise of the Series “A” Share Purchase Warrants at $0.50 each, the holder will receive one Common Share of the Company and a Series “B” Share Purchase Warrant exercisable at $1.00 for another year. The Series “A” Share Purchase Warrants were originally issued to a private placement commencing in February 2004.

The Board of Directors of the Company also approved the extension of the 20,752,500 Series “D” Share Purchase Warrants (the “D” Warrants) to the earlier of September 17, 2017 or the close of business on the 30th day after a takeover bid for the Company’s issued and outstanding share capital has been made by a third party and approved by the shareholders of the Company. The exercise price of the “D” Warrants remains unchanged at $0.15 per share. The Series “D” Share Purchase Warrants were originally issued to a private placement commencing in December 2010.

The Board of Directors of the Company also approved the expiry date of the Series “A” and “D” Warrants to be accelerated at any time prior to the extended expiry date of the Warrants to the close of business on the 30th day after the day on which the closing price of the Company’s shares exceeds 25 cents for a period of 20 consecutive trading days.

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 down -0.010 at 0.130 with 106,200 shares trading hands.