NEW YORK, NY--(Marketwired - Apr 27, 2015) - Sunergy, Inc. ("Sunergy" or "the Company") (
The lengthy Ebola outbreak in both Liberia and Sierra Leone has resulted in an unusual amount of diamond bearing gravels that have yet to be washed in Sierra Leone. With quarantines now lifted in Sierra Leone and the disease being under control in both countries, Management has determined to consolidate its Management and equipment in West Africa at its Magburaka compound in Sierra Leone. We are moving our 30 ton/hour Liberian Wash Plant and Loader to Sierra Leone and we will establish a suitable license with the NMA to govern its operation. Our 2 existing 6-inch dredges will also be relocated to Sierra Leone and will be immediately deployed under existing and new licensing arrangements.
CEO and President Garrett Hale says, "We will be joining our buyer's rough expert in country, and are very pleased to be the beneficiary of their personal expertise to evaluate our diamonds in country in Sierra Leone. Parcel #3 will be larger than Parcels #1 or #2, and will set the stage for a larger diamond export business for Sunergy."
Our building partner, Global Builders Group, Inc. ("GBG"): GBG has just established a new subsidiary in Georgia named Agrica, Inc. Agrica now controls 98.000 hectares of cleared land suitable for rice farming along the Sewa river in Sierra Leone and is involved in the joint ownership, management and operation of approximately 250,000 hectares of farm land suitable for rice farming and production in Nigeria. The Nigeria project has already been allocated 2 new rice mills from and financed by the Nigerian government. GBG will also be establishing an Energy subsidiary to undertake power and Oil project development in support of our building efforts in Nigeria. GBG also has proposed building opportunities in Mexico, Jamaica, DRC (Congo) and Ghana, where we have access through our Ghana partner to 85,000 sq. ft. of existing industrial space where we plan to develop a joint venture building materials factory to service Ghana, Ivory Coast and Nigeria. More info on GBG can be found at www.globalbuildersgroupinc.com
About Sunergy: Sunergy Inc. (
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 or cash flow from Sierra Leone and Liberian 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 Information:
Contact:
Garrett Hale
President, CEO
(707) 255-5836
garrett@sunergygold.com
garrettsvp@gmail.com