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Sterling Resources Ltd (SLG.V)

SLG.V on TSX Venture Exchange

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Latest Key Developments (Source: Significant Developments)

Sterling Resources announces agreement to sell UK operating subsidiary to Oranje-Nassau ENERGIE B.V.
Friday, 3 Mar 2017 01:29pm EST 

Sterling Resources Ltd : Sterling resources ltd. Announces agreement to sell UK operating subsidiary to Oranje-Nassau Energie B.V. . Company anticipates net proceeds from sale of sruk of approximately US$113 million . Deal for US$163 million .Sterling resources says pursuant to share purchase agreement, a termination fee of $5 million will be payable by sruk holdings in certain circumstances.  Full Article

Meridian Capital International Fund says it bought 8.8 mln shares of Sterling Resources on Jan 20
Wednesday, 22 Feb 2017 11:03am EST 

Meridian Capital International Fund: Meridian Capital International Fund announces acquisition of common shares of Sterling Resources Ltd. . Says had acquired about 8.8 million common shares of Sterling Resources Ltd on January 20, 2017 . Acquired shares were acquired at a price of $0.55 per share, having aggregate acquisition price of $4.9 million .Following acquisition of acquired shares, Meridian owns about 60.3 million Sterling common shares.  Full Article

Sterling Resources Ltd reports Q3 loss per share $0.04
Tuesday, 22 Nov 2016 05:26pm EST 

Sterling Resources Ltd - : Q3 revenue $11.7 million versus $19.3 million last year . Q3 loss per share $0.04 .Sterling Resources Ltd announces 2016 third quarter financial and operating results.  Full Article

Sterling Resources to appoint Christine Shinnie as CFO
Wednesday, 31 Aug 2016 05:00pm EDT 

Sterling Resources Ltd : Appointment of Christine Shinnie to role of chief financial officer .Sterling resources ltd says chief financial officer, David Blewden, will be departing company at end of August 2016.  Full Article

Sterling Resources says John Rapach has succeeded Jake Ulrich as CEO
Tuesday, 5 Jul 2016 05:00pm EDT 

Sterling Resources Ltd : Sterling Resources reports results of annual and special meeting and management and organizational changes . Re-appointment of Deloitte Llp as auditors of co was also approved for ensuing year, authorizing board to fix auditor's remuneration . Stock option plan for company was also approved . Ulrich continues as a director of company and has become its chair .John Rapach has succeeded Jake Ulrich as CEO with immediate effect in addition to his current role as chief operating officer.  Full Article

Sterling Resources closes recapitalization previously announced on March 11, 2016
Monday, 30 May 2016 04:51pm EDT 

Sterling Resources Ltd :Has closed recapitalization previously announced on march 11, 2016.  Full Article

Sterling Resources reports Q1 net loss of $0.04 per common share
Thursday, 19 May 2016 05:00pm EDT 

Sterling Resources Ltd : Qtrly a net loss of $0.04 per common share .Sterling Resources announces first quarter operating and financial results.  Full Article

Sterling Resources Ltd enters into Recapitalization Agreements
Friday, 11 Mar 2016 07:01am EST 

Sterling Resources Ltd:Enters into recapitalization agreement, summons bondholder meeting and announces operational and financial update.  Full Article

Sterling Resources Ltd completes sale of Muridava Block in Romanian Black Sea to Petroceltic
Tuesday, 16 Jun 2015 02:00am EDT 

Sterling Resources Ltd:Says transfer of its 40 percent interest in Block 27 Muridava in the Romanian Black Sea, held by its wholly-owned subsidiary Midia Resources SRL to Petroceltic Romania B.V., a wholly owned subsidiary of Petroceltic Resources PLC.Says approval of transaction has been received from National Agency for Mineral Resources (NAMR) of Romania.Says non-material consideration for transaction will be received plus acceptance by buyer of all of outstanding obligations.  Full Article

More From Around the Web

BRIEF-Sterling Resources announces agreement to sell UK operating subsidiary to Oranje-Nassau ENERGIE B.V.

* Sterling resources ltd. Announces agreement to sell UK operating subsidiary to Oranje-Nassau Energie B.V.