SNTX Suntex Enterprises Inc (PK)

SunX Energy, Inc. Update on Acquisition Proposal for Precious Metal Operations in Asia And new Website.
 
Las Vegas, NV -- January 25^th, 2016 -- InvestorsHub NewsWire -- SUNX Energy, Inc. (OTC PINK:SNXG), Bill Schaefer CEO of the company would like to update its Shareholders about an agreement to acquire the  precious metal mining and production operations of Far East Ventures a South East Asia company with an investment platform comprising Indonesia and the Philippines and its newly added website http://far-eastventures.com/
 

The Company has done its full due diligence and now expects the acquisition of Far East Ventures will closed by the end of February, 2016.

In announcing this update, Mr. Schaefer, CEO of SunX Energy commented: “The Company is moving in the right direction as Far East Ventures provides us with exciting growth potential.  We expect the first of many projects to be operational this year.”
This press release contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events and the Company’s growth and business strategy. Words such as “expects,” “will,” “intends,” “plans,” “believes,” “anticipates,” “hopes,” “estimates,” and variations on such words and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates that are inherently subject to significant uncertainties and contingencies, many of which are beyond the control of the Company. Actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, changes in the Company’s business; general economic, industry and market sector conditions; the ability to generate increased revenues; the ability to obtain additional financing; the ability to manage the Company's growth; the ability to develop and market new technologies to respond to rapid technological changes; competitive factors in the market(s) in which the Company operates; and other events, factors and risks disclosed from time to time in the Company’s filings with the Securities and Exchange Commission. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.
 
 
For additional information, please contact:                                                                                        

Bill Schaefer, CEO/President: 562-453-7643
 
 
 

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