Sunergy's West African Diamond and Gold Mining Operations Will More Than Double in Next 60 Days
April 11 2014 - 10:47AM
Marketwired
Sunergy's West African Diamond and Gold Mining Operations Will More
Than Double in Next 60 Days
LONDON, UNITED KINGDOM--(Marketwired - Apr 11, 2014) - Sunergy,
Inc (the "Company") (OTCQB: SNEY) is pleased to report that its
existing operations are on track and that additional diamond and
gold mining opportunities in both Sierra Leone and Liberia have
satisfied our due diligence requirements and are now being
processed. Our plans in Kono district in Sierra Leone will add two
additional diamond and gold operations that will involve both
dredges and land based operations that operate year round. In
Liberia, three additional diamond and gold projects that can be
operated year round are in process of finalization. In each case,
new licenses will be acquired or supported.
Dredgemaster, David Price says: "In my 20 plus years of working
in mining in West Africa, I have never seen projects and
cooperation come together like they are for us today. We have
strong support from Prince Kai Saquee and our on ground people in
Sierra Leone and our operations team in Liberia have enabled us to
access some very promising opportunities, as the mining landscape
has been cleaned up from dormant licenses and new ones are now
available. Our operations will more than double in the next 60 days
as paperwork is processed and completed. I firmly believe we can
handle the growth. Remember, I get paid on results, so I will make
sure we have substantial ones whenever possible. We will release
more information on these transactions as we close the deals in the
next few weeks."
Garrett Hale, President, CEO, stated: "I am proud of our
professional teams in Sierra Leone and Liberia and the good job
that they are doing for our shareholders. Our new operations will
add substantial additional products and revenue for our Company. I
am also pleased that our focus on cash flow from operations was
well received by the financial community at the London West African
Mining Summit."
Please visit our website: www.sunergygold.com and review
our Company's activities.
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: Garrett Hale President, CEO Sunergy, Inc. 707.255.5836
garrettsvp@gmail.com 14362 Frank Lloyd Wright Blvd. Suite 1000,
Scottsdale, AZ 85260 480.477.5810 Steve
Parent Sunergy, Inc. Investor Relations 480.326.5435
steve@sunergygold.com