SGD Holdings Ltd. Announces Completion of Geological Testing at Extraction Facility Construction Site in the Colorado Buffalo Ranch in Huerfano County Colorado

PUEBLO, CO, Jan. 11, 2018 -- SGD Holdings, Ltd. (OTC PINK: SGDH) contracted with Jesik Consulting, https://jesik.us/, for Geotechnical Engineering Services through property owner/developer, NuGro Industries, Inc. Jesik Consulting has provided geotechnical services, and will be providing civil engineering, and inspection services for a new commercial building to be built on Lot 61, Filing No. 5-Colorado Buffalo Ranch, Huerfano County, Colorado.

Delmar Janovec, CEO, states, "Geotechnical Testing of the proposed construction site is a mandatory requirement to complete the architectural drawings for the design of the building footings that will be included with the submission of the Amended Conditional Use Permit (CUP).  Upon further discussions with Huerfano County officials, we are confident the Temporary Moratorium will be lifted in Q1 of 2018. Our plan is to continue with all of the necessary pre-construction preparations and in a position to file a comprehensive Amended CUP with Huerfano County Planning Commission immediately upon the lifting of the Temporary Moratorium.”

SGD HOLDINGS LTD. encourages the public to read the above information in conjunction with its year-end statement for December 31, 2016, and the quarterly statements filed in calendar year 2017, at: www.otcmarkets.com.

Forward-Looking Statements: The statements in the press release that relate to the Company's expectations with regard to the future impact on the Company's results from acquisitions or actions in development, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The statements in this document may also contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Forward-looking statements are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those contained in such statements. Such risks, uncertainties, and factors include, but are not limited to, future capital needs, changes and delays in plans and schedules, or market acceptance. SGD Holdings, Ltd. undertakes no duty to update these forward-looking statements.

CONTACT:

SGD HOLDINGS LTD.
Delmar Janovec
Investor Relations
[email protected]