Sterling Resources announces sale of its Romanian business

Sterling Resources Ltd. (TSX-V: SLG) ("Sterling" or the "Company") is pleased to announce that it has entered into an agreement (the "Romanian Sale Agreement") to sell its entire Romanian business to Carlyle International Energy Partners ("CIEP"), an affiliate of The Carlyle Group (NASDAQ: CG).    The sale includes licence blocks 13 Pelican, 15 Midia, 25 Luceafarul and 27 Muridava, structured as a corporate sale of the ...

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