Sunergy's Second Diamond Parcel Delivered to Foreign Buyer in a Cash Sale for 2015
Press Release Source: Sunergy Inc. On Tuesday February 24, 2015
NEW YORK, NY--(Marketwired - Feb 24, 2015) - Sunergy, Inc. ("Sunergy" or "the Company") (OTC PINK: SNEY), further to our January 22, 2015 Press Release on the preparation of our second diamond parcel, has now delivered this parcel to its foreign buyers. Sunergy is arranging additional parcels for local and foreign partnering arrangements for our Sierra Leone and Liberia diamond supplies which will continue for Sunergy's licensed partners to have diamonds for sale through 2015 and beyond.
Sunergy is pleased to report that its entry into the diamond selling business is proceeding on track and we are receiving great interest and support. We will be providing some larger stones to our buyers as they become available and, as stated in our February 6, 2015 Press Release, 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 (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 have delivered our second diamond parcel to our foreign buyer. Our diamond partner has been in the rough stone and finished diamond business for three generations and for them to be willing to work with us to build a "from rough to retail" business is remarkable. We are continuing to be approached by several diamond merchants from around the world who wish to do business with us."
Our building partner, Global Builders Group, Inc. ("GBG"), has recently completed its initial round of financing and is preparing for a "Crowd Funding" round for an additional $1,000,000 from local unaccredited investors as allowed by the laws of the state of Georgia. This will allow ownership of GBG by local Georgia residents in our global housing business. GBG's current focus is to complete its Showcase manufacturing facility in Atlanta, GA within the next 60 days for the purpose of providing its propriety Structural Insulated Panels (SIP's) to its Joint Ventures for 20,000 homes in Nigeria and recent joint venture proposal in Mexico for 12,500 affordable homes that are already 100% pre-sold with construction financing in place. During this period, planning for commencement of construction with local and foreign partners is underway. 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 African 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.