| Home : March 2011 : March 16, 2011 News : Sterling Closes Financing to Develop China Phosphate Deposit |
Sterling Closes Financing to Develop China Phosphate Deposit |
March 16, 2011
VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 16, 2011) - Sterling Group Ventures, Inc. (the "Company") (OTCQB:SGGV)(FRANKFURT:GD7) is pleased to advise that it has closed a private placement of 20,000,000 units at a price of $0.10 per unit. Each unit is comprised of one common share of the Company's capital stock and one non transferrable share purchase warrant. Each warrant is exercisable for the period of one year to purchase an additional common share at a price of $0.15 per share. The total proceeds from the private placement of the units are $2,000,000.
http://www.marketwire.com/mw/release.do?id=1412478&sourceType=3
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