Minco and Sterling changed their mind!

Sounds like bad news for SRLM unless they have another suitor ready to go...


Tuesday, September 02, 2008

Sterling Mining Company and Minco Silver Corporation Agree Not to Proceed with Business Combination

Wallace, Idaho - September 2, 2008 - (Marketwire) - Sterling Mining Company (TSX:SMQ OTCBB:SRLM / FSE:SMX) Company") and Minco Silver Corporation (TSXV:MSV) ("Minco") today announced they have agreed not to proceed with the business combination previously announced on July, 23, 2008.The Board of Directors of Sterling Mining Company will continue the strategic review process announced on June 4, 2008.FOR FURTHER INFORMATION, visit the Company's website at www.SterlingMining.com or contact:Sterling Mining CompanyKen Berscht, PresidentTel: (403)830-7566Monique Hayes, Investor RelationsTel: (208) 699-6097