Sunergy Announces the Appointment of P.K. Rana
Medhi to Chairman of the Board of Directors
On Tuesday June 30, 2009, 8:08 am EDT
SCOTTSDALE, AZ--(Marketwire - 06/30/09) - Sunergy, Inc. (the
"Company") (OTC.BB:SNEY
-
News) is pleased to announce the appointment of director P.K.
Rana Medhi to Chairman of the Board of Directors. Purnendu K. Medhi
is a principal of Minerals Management International, a cooperative
of mining professionals that provides comprehensive mining
management services and technical support internationally to mineral
industry and financial institutions. He also serves as Chairman of
the Board of Governors of the Arizona Department of Mines and
Mineral Resources and Trustee of the Boards of the Mining Foundation
of the Southwest and AIPG Foundation. Mr. Medhi retired from Cyprus
Amax Minerals Company in 1994 after 28 years of service in order to
start his own consulting practice. At Cyprus he held various senior
technical and management positions including general manager of
several of its operating divisions where he participated in many of
the industrial mineral, base metal and gold discoveries and mine
development projects and played a key role in developing roasting,
leaching and SX-EW technology. Mr. Medhi holds a Masters of Science
degree from the University of Arizona and is a Registered Mining and
Engineering Geologist in the states of Arizona and Oregon and a
Certified Professional Geologist with the American Institute of
Professional Geologists. He is also an adjunct professor of mining
technology and geology with community colleges of Arizona.
Company President Joseph Guerrero said: "We are extremely
fortunate to have Rana as Chairman of our Board of Directors. His
experience and wisdom in the mining industry and international
business community will serve our Company well in developing our
business plan in Ghana, West Africa and other areas of interest."
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. The concession is surrounded by several operating mines and
is adjacent to Newmont Mining's property. This concession has the
Ofin river flowing through our eastern portion and there are
numerous artisan pits ready for testing and evaluation for near term
production. The Ofin river is known for good alluvial gold
production. Artisans usually recover about 30% of the available gold
through primitive hand methods, which leaves 60-70% to be recovered
by modern mechanical operations.
Further information is available on the Company's website
www.sunergygold.com
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 Mining Concession.
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 Info:
Joseph B. Guerrero
President
Sunergy Inc.
8711 E. Paraiso Dr., Scottsdale, AZ 85255
Phone: 480.477.5810
scottsdaleinvestments@yahoo.com
14362 N. FRANK LLOYD WRIGHT BLVD | SCOTTSDALE AZ
85260
Phone: 480.477.5810 | Fax: 480.477.5811
scottsdaleinvestments@yahoo.com
www.sunergygold.com
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