Sunergy Dredges Now Operating in Liberia
March 31 2014 - 8:38AM
Marketwired
Sunergy Dredges Now Operating in Liberia
Sunergy's Dredges Now Operating in Liberia for Diamonds and Gold
and Prince Kai Saquee, of Kono, Sierra Leone and Sunergy Management
Reps Invited to Attend West African Mining Investment Summit in
London, April 7th - 10th
MONROVIA, LIBERIA--(Marketwired - Mar 31, 2014) - Sunergy, Inc.
(the "Company") (OTCQB: SNEY) commences Dredge #1 operations in
Bomi Hills area of Liberia and will move Dredge #2 into position in
one week, at least two weeks ahead of schedule. Both dredges are
owned and operated by the Company in support of local licensed
tribal artisanal efforts to harvest diamonds and gold. This initial
operation in Liberia is able to operate year round and will not be
interrupted by the rainy season.
Dredgemaster, David Price says: "There has been a lot of
preparation that has taken place here in Liberia since I went to
Sierra Leone to get operations going there. It is a real pleasure
to have all our equipment available ahead of schedule and our
ground team has really prepared for a quick launch. Sunergy
has set up a good support team here and I really appreciate that,
it makes my job a lot easier. Our local partners are pleased we are
now here and ready to start making money together."
The 2014 West African Mining Investment Summit is being held in
London from April 7-10th. Prince Kai Saquee, Sunergy Advisory Board
Member and Chairman of The Diamond and Gold Dealers Association in
Kono District, Sierra Leone and Sunergy management representatives
have been invited to attend this timely and important conference.
The honored attendees are:
Hon. Minister Alhaji Inusah Fuseni, Ministry of Lands and
Natural Resources, Republic of Ghana Hon. Minister Alhaji Minkailu
Mansaray, Ministry of Mines and Mineral Resources, Republic of
Sierra Leone Hon. Deputy Minister of Operations, Sam G. Russ,
Ministry of Lands, Mines and Energy, Republic of Liberia Hon.
Minister Mohamed Ould Khouna, Ministry of Petroleum, Energy and
Mines, Government of Mauritania Hon. Minister Boubou Cisse,
Ministry of Mines, Republic of Mali
Garrett Hale, President, CEO stated: "There are workshops and
meetings with international financers interested in investing in
the above countries in the mining sector. We are also interested in
learning more about West African mining opportunities and what
options for funding are available in these resource rich countries.
We are committed to rapid exponential growth for our shareholders,
focusing on growing our cash flow operations and our
resources/reserves."
Mining activities in both Sierra Leone and Liberia are now
underway. In Sierra Leone, two 8 inch dredges and a land based
operation are ongoing. In Liberia, we have two 6 inch working
dredges. Dredgemaster Price is refurbishing a third dredge in
Sierra Leone that sits ready to begin operations in either country
as needed. Plans to increase our dredge operations are underway,
with six dredges targeted to work this year in each country. All
our projects are now being planned for year round operations.
Operating results will be available shortly after the end of the
first quarter so as to not delay the 10K filing. Please visit our
website: www.sunergygold.com Update on Sierra Leone operations will
be forthcoming soon.
SUNERGY, Inc., a Nevada corporation (OTCQB: SNEY) is a publicly
listed and traded, production oriented, junior mining company
headquartered in Scottsdale, Arizona, USA that is production
oriented at the earliest possible profitable opportunity and has an
appetite to grow by profitable acquisition. As its core
business, the Company has made a transition from an exploration
only company to a company now focused on production and cash flow.
We now have four dredges operating, 2 in Sierra Leone and 2 in
Liberia. An 8th dredge sits between the two countries awaiting
the most favorable deployment opportunity for fast cash
flow. In addition to our core mining activities, the Company
has used its considerable contacts earned over the past 4 years to
develop non-mining partnerships and agency agreements with major
international businesses representing Airport Security and
Affordable Housing projects and Solar energy projects up to 250
megawatts, in the five West Africa Countries of Ghana, Sierra
Leone, Liberia, The Gambia and Senegal.
Regarding Forward-Looking Statements
This current report contains "forward-looking statements," as
that term is defined in Section 27A of the United States Securities
Act of 1933 and Section 21E of the Securities Exchange Act of 1934.
Statements in this press release which are not purely historical
are forward-looking statements and include any statements regarding
beliefs, plans, expectations or intentions regarding the future,
including but not limited to, any mineralization, development or
exploration on mining concessions or cash flow from any mining
operations.
Actual results could differ from those projected in any
forward-looking statements due to numerous factors. Such factors
include, among others, the inherent uncertainties associated with
mineral exploration and difficulties associated with obtaining
financing on acceptable terms. We are not in control of metals
prices and these could vary to make development uneconomic. These
forward-looking statements are made as of the date of this news
release, and we assume no obligation to update the forward-looking
statements, or to update the reasons why actual results could
differ from those projected in the forward-looking statements.
Although we believe that the beliefs, plans, expectations and
intentions contained in this press release are reasonable, there
can be no assurance that such beliefs, plans, expectations or
intentions will prove to be accurate. Investors should consult all
of the information set forth herein and should also refer to the
risk factors disclosure outlined in our most recent annual report
for our last fiscal year, our quarterly reports, and other periodic
reports filed from time-to-time with the Securities and Exchange
Commission.
Contact: President: Garrett Hale 707.255.5836
garrettsvp@gmail.com Investor Relations: Steve Parent 480.326.5435
steve@sunergygold.com Sunergy, Inc 14362 N. Frank Lloyd Wright Blvd
Suite 1000 Scottsdale, AZ 85260 Tel: 480.477.5810