Sterling Signs LOI with Hubei Yaozhihe Chemicals Co. Ltd, A Phosphate Producer in China

Vancouver, British Columbia--(Newsfile Corp. - December 3, 2015) - Sterling Group Ventures Inc. (OTCQB: SGGV) ("Sterling") is pleased to provide the following press release:

On November 25, 2015, Sterling signed a letter of intent with Hubei Yaozhihe Chemicals Co. Ltd. Hubei Yaozhihe Chemicals Co. Ltd. holds 5 mining permits and 4 exploration permits and, according to the company, produced approximately 1.9 million tons of phosphate rock in 2014. The letter of intent provides Sterling with exclusivity to April 1, 2016 and includes 50% of its Qiaogou property, of which the other 50% was recently sold to Xingfa Group for RMB 301,719,400 Yuan. Subject to performing the necessary due diligence, the parties agree to form a joint venture company, whose structure is to be negotiated, which will conduct and operate the phosphate properties and chemical plants under Hubei Yaozhihe Chemicals Co. Ltd.

ON BEHALF OF THE BOARD OF DIRECTORS

STERLING GROUP VENTURES, INC.

"Christopher Tsakok"
Christopher Tsakok, CEO

For further information, please check the Company's SEC filings or contact:
Chris Tsakok, CEO, Richard Shao, PhD, President or Robert Smiley, JD, Director

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 Measured, 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.