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-Sungold International Holdings Corp.announces SEC filing:
 Annual Report Form 20F -

 

TORONTO, ON: April 21, 2009 - SUNGOLD INTERNATIONAL HOLDINGS CORP. (“Sungold”) (OTCBB: SGIHF, Frankfurt: WKN 608164, Berlin)

Sungold International Holdings Corporation is pleased to announce that it has filed the Annual Report Form 20F including audited Financial Statements for the year ended August 31, 2008 with the Securities and Exchange Commission.  This was completed in a very short time span, with the concerted effort of our auditors, staff, and including a number of very long work days. 

The Annual Report Form 20F was filed at 6:30 pm yesterday (April 20, 2009), but it was due for filing by 5:30 pm, Friday April 17, 2009.  As a result, the company has been removed from the OTC Bulletin Board to the Pink Sheets, and currently trades on the OTC Bulletin Board site under the symbol SGIH.  The website for the OTC Bulletin Board is www.otcbb.com/asp/info_CENTER.asp.  You can go to this site from here by using Ctrl click with the cursor on it. When looking for a listing from any other financial services website, you need to change our symbol to SGIH.pk for their purposes.

We are currently working on the procedures to become reinstated on the OTC Bulletin Board, which at this point do not appear to be too onerous, or too lengthy.  In the meantime, trading will continue on the OTC Pink Sheets under the symbol SGIH.  Apart from this symbol change, there does not appear to be too many inconveniences for the moment.


 
About Sungold International Holdings Corp.:

Sungold® is in the business of developing entertainment and e-commerce business in Canada, the USA and internationally. Sungold® has three 100% wholly owned subsidiaries: Horsepower Broadcasting Network (HBN) International Ltd., Racing Unified Network (R.U.N.) Inc., and SafeSpending Inc. Sungold® controls the technology, source codes, trademarks, patents, copyrights and the worldwide title, rights and interest in each of the wholly owned subsidiaries. Sungold’s related company, Silks Corporation holds a 44% interest in Silks Media Corporation which publishes ThoroughbredStyle Magazine.


Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: The statements in this press release that relate to the Company's expectations with regard to future impact on the Company's results from new products in development are forward looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. Such information may contain statements that involve risks and uncertainties and is subject to change, at any time. The Company's results may differ materially from expected results. Information on the factors, which could affect the Company’s operations or financial results, is included in the Company's reports on file with Canadian securities regulatory authorities and the United States Securities and Exchange Commission.

For more information please contact:
John McDermott
McDerMedia, Inc., Public Relations
1-888-SUN-INTL
pr@sungoldintl.com

This news release contains forward-looking statements. Forward-looking statements address future events and conditions based on the opinions and estimates of management and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. The reader is cautioned not to place undue reliance on forward-looking statements.

Please see our notes on "forward looking" statements.