FREETOWN, SIERRA LEONE—February 18, 2014 - Sunergy, Inc. (the "Company") (OTCQB: SNEY) is pleased to announce that Prince Kai Saquee, Chairman Of The Diamond and Gold Dealers Association In Kono, Sierra Leone joined our Sunergy Advisory Board. Prince Saquee knows the whereabouts of virtually every prospective diamond producing area in Kono District and in Sierra Leone and has also agreed to aid in the location of a highly prospective diamond and gold area that is ready for immediate profitable operations in the Kono District. Prince Saquee commands great respect at every level, from local artisanal operators to large mining Companies and enjoys good access to all levels of Government.
Prince Saquee said: "I am pleased to assist Sunergy in its business in Sierra Leone and in particular, to help them develop a large diamond and gold operation in Kono district. I have met and personally know members of the Sunergy team and am confident that their operations in Kono will bear much fruit for both the Company and our people."
Sunergy President and CEO, Garrett Hale says: "We are very happy to have Prince Saquee on the Sunergy team. Our new focus on developing cash flow from diamonds and gold operations is focused on a virgin area in Kono district and Prince's advice and guidance will insure our success. In addition, we now have two 8 inch dredges operating under contract around the Magburaka area, focused mostly on gold production. Within a week or so we can relocate those dredges to highly prospective diamond and gold operations in Kono once they are ready. We are getting our third dredge operational in Sierra Leone and are currently setting up two 6 inch dredges on Diamond and Gold operations in Liberia. We expect to begin reporting preliminary results of operations in a week or so."
Dredgemaster, David Price stated: "We have Sierra Leone up and running now and I am headed back to Liberia to get our gold and diamond dredging operations underway as well. David Garnett will supervise Sierra Leone in my absence and when I return, he will go to Liberia to oversee things. We expect Hans Strand shortly, who can also serve as operations supervisor. The Kono operations testing is scheduled to start next week and this is intended to be a year round operation".
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. It is engaged in the evaluation, acquisition, exploration, planned operation and advancement to production of largely alluvial gold/rare earth elements and diamond recovery projects in Ghana, Sierra Leone and Liberia West Africa. This year marks the beginning of our Cash Flow Operations as the Operating season is just about to get underway.
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.
14362 N. Frank Lloyd Wright Blvd
Scottsdale, AZ 85260
SOURCE: Sunergy Inc.