Attached files
Exhibit 99.1
SUNERGY BOARD OF DIRECTORS APPOINTS MR. MARK SHELLEY, CPA OF MESA, AZ TO THE
POSITION OF CORPORATE SECRETARY, TREASURER AND A MEMBER OF THE BOARD OF
DIRECTORS.
SCOTTSDALE, AZ--(Marketwire - April 21, 2011) - Sunergy, Inc (the "Company")
(OTC:SNEY - News) is pleased to announce that Mark Shelley, CPA, owner of
Shelley International CPA, a PCAOB registered audit firm, has been appointed as
the corporate Secretary, Treasurer, chairman of the audit committee and member
of the board of directors. Mr. Shelley has been working as an accountant in
Arizona since 1977. Since 1990, Mr. Shelley has emphasized public companies,
working with a variety of industries such as retail, auto, agricultural, mining
and manufacturing. These have included Mexican and Chinese companies. He has
also been a consultant with other CPA firms on SEC filings and regulations. Mr.
Shelley graduated from Brigham Young University with a Bachelor of Science in
Accounting in 1977. He is fluent in English and Spanish. He is a current member
of the Arizona Society of CPAs, the American Institute of CPAs as well as other
professional associations.
Mr. Shelley said: "I am very excited to serve in this capacity with Sunergy,
Inc. My experience will be useful as Sunergy expands its West African
operations. My goal is to add an additional level of professionalism and
efficiency to the administration of the Company."
P.K. Medhi, Chairman said: " I am really happy to have Mr. Shelley with all his
credentials and experience join our Sunergy family. He will add another level of
corporate administrative control which will insure transparency in our
operations."
The Company wishes to share that there were no deadlines applicable to the
Company's filings with the SEC at this time. We already have the Caveat Emptor
status on our Company and it will only be removed once we are current in our
filings. We anticipate these filings to start in the week following Easter. Once
the "CE:" is removed, the Company will reapply to be listed on the OTC Bulletin
Board.
Operations Update:
Bryan Miller, President comments:" The dredges arrived in Sierra Leona, have
cleared customs and have started operations on our 140.1 sq. km. Pampana River
Concession. We are starting one at a time and conducting further testing to
identify optimum deployment sites. Once results are available we will publish
operating results. So far, everything is working as planned and Management is
pleased."
Please visit the Sunergy website www.sunergygold.com and review further
information such as Company Reports under Projects , Previous Press Releases and
SEC filing information under Investor Info.
About Sunergy: The Company is an aggressive junior mining exploration and
development Company that is production oriented at the earliest possible
profitable opportunity. We control 100% of the 150 SQ. Km. Nyinahin mining
concession with a full prospecting license in Ghana, West Africa and the 140.1
sq. km. Pampana River Rare Earth, Gold and Diamond concession in Sierra Leone,
West Africa. We are focused on near term production of these properties this
season. We are production and acquisition oriented and are considering several
additional projects suitable for near term production in West Africa.
Notice 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 of the Nyinahin and Pampana Mining Concessions.
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:
Bryan Miller, President 707.738.4280 bryan@alliedminingandsupply.com
UNERGY INC.
14362 N. FRANK LLOYD WRIGHT BLVD | SCOTTSDALE AZ 85260
Phone: 480.477.5810 | Fax: 480.477.5811
INVESTOR RELATIONS:
Steve Parent 480.399.7222 steve@sunergygold.co