Sterling Group Ventures, Inc.: Corporate Update

Vancouver, British Columbia--(Newsfile Corp. - January 19, 2017) - Sterling Group Ventures, Inc. (OTCQB: SGGV) (the "Company") would like to provide following corporate update:

Due to delays in organizing the signatures of some of the shareholders of Euroclub Holding Ltd. ("Euroclub"), on January 11, 2017 the Company and Euroclub signed an amendment to the Share Exchange Agreement moving the closing date to January 11, 2017. As of January 11, 2017, the shares in connection with the Agreement have been issued and the Agreement has closed.

ON BEHALF of the BOARD

/s/ Nicolaos Mellios     
Mr. Nicolaos Mellios
Chairman & CEO

For further information, please check the Company's SEC 8-K filing or contact:
Nicolaos Mellios, B.Sc., MBA or Christopher Tsakok, MBA, CFA, Director
Phone: (604) 684-1001 Fax: (604) 684-1001
investor@mojo.game   www.sterlinggroupventures.com

Safe Harbour

Certain startements and other information included in this press release constitute "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws, including the "safe harbour" provisions of provincial securities legislation and the United States Securities Exchange Act of 1934, as amended, and Section 27A of the United States Securities Act of 1933, as amended.  Forward-looking statements are typically identified by the words "believe", "expect", "anticipate", "intend", "estimate", "outlook", "focus", "potential", "will", "should", "would", "could" and other similar expressions.  Readers are cautioned not to place undue reliance on forward-looking statements as it is subject to known and unknown risks and uncertainties that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.  Except as required by law, there is no intention or obligation to update or revise any forward-looking statements as a result of new information or future events, except as required by law.

This press release does not constitute any investment advice or any solicitation or offer to buy or sell any securities.  No representation is made on the accuracy or completeness of the information contained in this press release, and the Company does not accept liability for any errors or omissions in the contents of this press release that arise as a result of transmission.  The Company may not update the information in this press release.  The Company does not waive any rights, privileges or other protections that the Company may have with respect to the information in this press release.