nEwS

Sunergy Update: Pampana Concession Renewal Filings, Permits andAssociated Fees Have Been Paid and Filed in Sierra Leone and NewOpportunities Under Development

Aug 1, 2013 08:27:07 (ET)

SCOTTSDALE, AZ, Aug 01, 2013 (Marketwired via COMTEX) -- Sunergy, Inc. (the "Company") (otcqb:SNEY) is pleased to announce that all filings, permits and associated fees have been paid and filed with the Minerals Commission in furtherance of our 4 year renewal application for our Pampana River Exploration license in Sierra Leone. The Company has also requested our "Order to pay" and await final Minerals Commission Board approval. EXPL 5/2009 was a renewable exploration license and the renewal submission is complete. We expect the "Order to pay" any day, once the Minerals Board finalizes its business. Our new work plan involves exploration on the terraces that flank the Pampana which can be done in all seasons. Our plans for the pilot plant for Pampana are still very much alive as well.

To clarify from our previous PR issued on June 1, 2013, our Pampana operations were VOLUNTARILY stopped by Company personnel at the advice of Alieu Mahdi, consulting geologist. His suggestion contemplated our waiting until the administrative process for renewal on Pampana had been completed. He encouraged our personnel to begin due diligence on the project discussed below and others during this time.

Another proposed gold, rare earth and diamond operation that will offer immediate cash flow opportunities has advanced substantially, in another highly prospective region for diamonds, gold and black sands in Sierra Leone. We are looking to add operations wherever possible subject to capital budgeted for those operations. Our focus going forward will be on operations that will allow cash flow through sale of diamonds, gold and REE's (Black sands).

Our former Country director Mohamed El Tayyib Bah is no longer associated with our Company or its operations. We wish him well in his public service role that he has elected to pursue in service of the Sierra Leone people. We are currently evaluating other suitable persons who may best serve our needs going forward.

Company President Garrett Hale says; "This is really an exciting time for us. We plan to expand our cash flow opportunities this year while continuing the exploration/development of our Pampana Concession. We are planning to work closely with local artisanal miners in the recovery of diamonds, gold and rare earths this year and sell these products. The diamond market is certainly on the move and demand already outstrips supply by 2 to 1. Alluvial diamonds offer the finest specimens of all according to recent statistics, and we have identified a very prospective area."

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. Our Facebook and Twitter sites are quite active, so please visit our website to access those links.