Ensurge, Inc. Announces Recent Management Changes & Entering into a Definitive Agreement for Management & Acquisition of Guya...
31 3월 2015 - 5:47AM
Business Wire
Ensurge, Inc. (Pink Sheets: ESGI) reported today that Paul
Cinquemani has returned to the Board of Directors and now serves as
its Chairman. Additionally, Mr. Cinquemani has been appointed as
the Company’s CFO, replacing Jeff Hanks, who has served in that
capacity for over a decade. Additionally, Clint Mishleau has
accepted appointment to fill a vacancy on the Board of Directors
and will serve as the Company’s interim CEO. Clint Mishleau has
previously served as President and Director of the Company’s
wholly-owned subsidiary TransGlobal Gold Corp. since inception in
2012. For the past two years, TransGlobal has focused on mining
opportunities in Guyana, South America.
The Company also announces that it has entered into an
definitive agreement with North American Resources Inc. Ltd.
(“NARIL”) for management and eventual acquisition of commercial
dredging operations in Guyana. NARIL is a Guyana mining company
that has been conducting gold exploration and mining for over
twenty years. NARIL currently operates two cutterhead dredges on
the Konawaruk river. Gold production for NARIL exceeded 1600 ounces
in 2014. NARIL is in the process of refurbishing and updating one
of its cutterhead dredges to increase efficiency and production.
Furthermore, NARIL is also developing a missile dredge operation on
the Konawaruk river.
In addition to the river dredging operations, NARIL also
operates two small pilot land operations in the Mazaruni river
region of Guyana. One operation is in the Issano Creek area and the
other is in the Semang area. Based upon current results, the
Company intends to significantly expand these operations over the
next two quarters.
Acquisition of NARIL will not be effective until it completes
audited financial statements for a two year period. In the interim
time, all NARIL operations will be managed by TransGlobal.
Clint Mishleau, the Company’s CEO, stated “We have worked with
South American Minerals Inc. and its Cutterhead Dredge Investors
for the past two years to reach this achievement. Everyone
associated with the companies are very excited that NARIL’s
operations are now formally under the management of TransGlobal and
will eventually become subsidiary operations of the Company. NARIL
is in the process of compiling and preparing audited financial
statements.”
About Ensurge, Inc.
Ensurge, Inc. is a holding company that has been engaged in
exploring and developing gold mining opportunities in South and
North America. The Company’s business plan also includes bringing
capital and technology to existing mining operations to recover
gold from existing tailings, improve recoveries of existing milling
operations and improve mining operations. www.ensurgegold.com
About TransGlobal Gold Corp.
TransGlobal Gold Corp. is a mining company organized to acquire
and develop mining rights in Guyana. Operations may include either
land or river dredging operations. TransGlobal has conducted
land-dredge mining operations adjacent to the Mazaruni River in
Guyana and is conducting exploration activities at several
locations in Guyana. www.transglobalgoldcorp.com
Ensurge, Inc.Clint Mishleau,
702-728-5187ensurgeinfo@gmail.com
enSurge (CE) (USOTC:ESGI)
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enSurge (CE) (USOTC:ESGI)
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