0001175416-12-000007.txt : 20120626 0001175416-12-000007.hdr.sgml : 20120626 20120626160106 ACCESSION NUMBER: 0001175416-12-000007 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20120626 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20120626 DATE AS OF CHANGE: 20120626 FILER: COMPANY DATA: COMPANY CONFORMED NAME: STERLING GROUP VENTURES INC CENTRAL INDEX KEY: 0001175416 STANDARD INDUSTRIAL CLASSIFICATION: MINING, QUARRYING OF NONMETALLIC MINERALS (NO FUELS) [1400] IRS NUMBER: 000000000 STATE OF INCORPORATION: NV FISCAL YEAR END: 0531 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-51775 FILM NUMBER: 12927293 BUSINESS ADDRESS: STREET 1: SUITE 308 STREET 2: 1228 MARINASIDE CR. CITY: VANCOUVER BC STATE: A1 ZIP: V6Z 2W4 BUSINESS PHONE: 6046894407 MAIL ADDRESS: STREET 1: SUITE 308 STREET 2: 1228 MARINASIDE CR. CITY: VANCOUVER BC STATE: A1 ZIP: V6Z 2W4 8-K 1 form8k06262012.htm CURRENT REPORT Sterling Group Ventures, INC. - Form 8K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): June 26, 2012

STERLING GROUP VENTURES, INC.
(Exact name of registrant as specified in its charter)

Nevada  000-51775  72-1535634 
(State or other jurisdiction  (Commission  (IRS Employer 
of incorporation)  File Number)  Identification No.) 
 
 308 - 1228 Marinaside Cr.,  
Vancouver, B.C., Canada V6Z 2W4 
               (Address of principal executive offices)  (Zip Code) 

Registrant’s telephone number, including area code: (604) 689-4407

n/a
(Former name or former address, if changes since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a -12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d -2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e -4(c))

Section 7 – Regulation FD

ITEM 7.01 REGULATION FD DISCLOSURE.

On June 26, 2012, the Company distributed a news release regarding the termination of DXC Salt Lake Lithium Project in Tibet, China. A copy of the press release is attached hereto as Exhibit 99.1 to this Form 8-K and is incorporated herein by reference.

Section 9 – Financial Statements and Exhibits

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS

Exhibit No. Description 
   
99.1 Press Release "STERLING RECEIVES REPAYMENT FOR DXC SALT LAKE LITHIUM PROJECT " dated June 26, 2012

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

STERLING GROUP VENTURES, INC.

/s/Raoul Tsakok              
Raoul Tsakok
Chairman & CEO

June 26, 2012

EX-99.1 2 exhibit99-1.htm PRESS RELEASE Sterling Group Ventures, Inc - Exhibit 99.1

Exhibit 99.1 PRESS RELEASE

STERLING RECEIVES REPAYMENT FOR DXC SALT LAKE LITHIUM PROJECT

VANCOUVER, BRITISH COLUMBIA, June 26, 2012 /PRNewswire

Sterling Group Ventures, Inc. (the "Company") (OTCQB: SGGV) (FRANKFURT: GD7) is pleased to advise that it has received repayment of its investment in the DXC Salt Lake Lithium Project from Tibet Sunrise Mining Development Ltd. on behalf of Beijing Mianping Salt Lake Research Institute in the amount of 10,000,000 Yuan (approximately $1,573,000) including a penalty pursuant to an amending agreement whereunder all of its interest in the DXC Salt Lake Project was quitclaimed and disposed of in return for the above mentioned repayment. These funds will be used for working capital and for the development of production on the Company's Gaoping Phosphate Project in Chenxi County, Hunan Province, China. A collection fee of 7% of the monies realized will be payable to Beijing Songshi Century Science and Technology Development Ltd. who acted as a collection agent to recover the funds and penalty from the debtor.

STERLING GROUP VENTURES, INC.

/s/Raoul Tsakok, Chairman & CEO


For further information, please contact:
Raoul Tsakok, Chairman , Richard Shao, PhD, President or Robert Smiley, JD, Director
Phone: (604) 689-4407 Fax: (604) 408-8515
Email: info@sterlinggroupventures.com

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 which the SEC guidelines strictly prohibit in its filings.