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Sterling Resources Ltd.

11:49 AM EST - Sterling Resources Ltd. : says Vitol Holding B.V. announced that its wholly-owned indirect subsidiary Vitol Energy (Bermuda) Ltd, acquired ownership of 5,000,000 common shares of Sterling Resources representing approximately 1.62% of the issued and outstanding Common Shares. Sterling Resources Ltd. shares V.SLG are trading down $0.02 at $0.66.