Sunergy Now Able to Offer Cut, Polished, Graded and GIA Certificated Diamonds in Sales to Foreign Buyers
Press Release Source: Sunergy Inc. On Friday February 06, 2015
NEW YORK, NY--(Marketwired - Feb 6, 2015) - Sunergy, Inc. ("Sunergy" or "the Company") (OTC PINK: SNEY) announced today that the Company is now able to offer cut, polished, graded and certificated diamonds to foreign buyers.
Sunergy's diamond partner is making arrangements for Sunergy to offer an inventory of GIA certified, cut and polished diamonds for sale. Our partner has a proprietary process that will give us a very high quality stone for better marketability. This is good news for our Preferred shareholders (who own ten million or more shares), who will now be able to buy selected diamonds from time to time directly through the Company's partners. We will have more details as we develop this program.
CEO and President Garrett Hale says, "We are very pleased to discover that many of our diamonds are suitable for cutting and polishing and that we have a partner who is both capable and ready." Our diamond partner has been in the rough stone and finished diamond business for generations and for them to be willing to work with us to build a "from rough to retail" business is remarkable. We are excited with our prospects for developing a substantial diamond business. We have also been approached by several diamond merchants from various parts of the world who wish to create mutual business opportunities; these proposals are being evaluated at this time.
Ebola News: We have been officially advised in Liberia that Monrovia, Liberia's Capital city has been free of any new Ebola cases in the last 45 days.. The presence of the US Military with medical help has turned the tide on this devastating disease. Quarantined areas are still in effect in Liberia, but our people who have helped all along, now have official passes to come and go to our work sites. With the dry season now underway, this allows for our operations to continue with less disruption. Similar events are happening in Sierra Leone, and although we do not have official statistics, our people have been granted official passes so we may get back to our various prospective sites to resume work.
Our in country representatives are working on new licenses in Sierra Leone and will prepare for our Liberian wash plant and loader to be licensed for operations in Kono district. The wash plant can operate at from 50 tons/hour to 350 tons/ hour. This operation should produce a substantial amount of recovered diamonds which we therein intend to work with the landowners to get to market.
Our building partner, Global Builders Group, Inc. ("GBG"): GBG is now building out its showcase manufacturing facility in Atlanta, GA for the purpose of providing its propriety Structural Insulated Panels (SIP's) to its Joint Venture for 10,000 homes in Nigeria. Estimated completion is prior to April 15, 2015. GBG has additional building projects in the queue from local Georgia projects to Mexican, Jamaican, DRC (Congo) and Ghana, where we have access through our 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. (OTC PINK: SNEY) (SNEY), a Nevada corporation, is a junior mining company headquartered in Scottsdale, Arizona. The Company has made a transition from an exploration only company to a company currently focused on production and cash flow. We have acquired a wash plant and loader in Liberia, capable of handling between 50 to 350 tons per hour of diamond and gold bearing gravels, which is planned to be shipped to Sierra Leone, contingent upon obtaining an appropriate license from NMA in Sierra Leone for its operation. In addition to our core mining activities, the Company has developed considerable relationships over the past four years which has enabled the procurement of non-mining partnerships and agency agreements with major international businesses representing Airport Security, Affordable Housing projects and Solar energy projects in the six West Africa Countries of Ghana, Sierra Leone, Liberia, Nigeria, The Gambia and Senegal. For more information, please visit www.sunergygold.com
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.