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Ensurge, Inc. Names Leonardo Riera as Company’s Chief Executive Officer

December 19, 2018

NEW YORK--(BUSINESS WIRE)--Dec 19, 2018--Ensurge, Inc. (OTC Pink: ESGI) is pleased to announce the hiring of Leonardo Riera as the Company’s new Chief Executive Officer.

Mr. Riera brings extensive experience in investment banking, international affairs, executive management, and mining. After starting his business career as a consultant at McKinsey & Co., Mr. Riera left to become a manager at Citigroup, heading a mergers and acquisitions unit that focused on operations in Venezuela. He then transitioned to the Bankers Trust Company as the Executive Director and Country Head of the Venezuelan operations for twelve years. There, Mr. Riera coordinated dozens of transactions involving credit, Eurobonds, securitizations, private equity, bonds, trading, Mergers & Acquisitions, and advisory work for Private Bank clients, Venezuelan Corporations and Multinational companies in the oil, mining, construction, electric, food, banking, telecom, and retail sectors. Following his tenure at Bankers Trust, Mr. Riera pursued a career in business consulting as well as various entrepreneurial endeavors, including gold mining operations in Brazil and in Peru, and in renewable energy. Mr. Riera was elected President of the Association of Foreign Banks of Venezuela for three consecutive terms. He was knighted by the Sovereign Order of the Hospitallers of St. John of Jerusalem and Malta (Knights of Malta – Vatican, June 2011.) Mr. Riera holds a Bachelor of Science degree from Catholic University Andres Bello, where he graduated first in his class. He also holds a Master’s degree in Business Administration with a focus on Finance and International Management from the Wharton School of Business at The University of Pennsylvania.

“We warmly welcome the addition of Leonardo Riera to our team,” stated Ambassador Charles Gargano, member of Ensurge’s Board of Directors. “Together, under Mr. Riera’s leadership, we expect to create significant shareholder value. We already have a local team in Guyana, and basic production assets on site. After a modest additional investment, we expect to start production, fund additional geology, and organize the potentially massive tantalum opportunity that we have ahead of us.”

“Ensurge has extraordinary properties in mineral-rich Guyana, with production licenses in place. Our priority is to start gold production in the first half of 2019, using environmental-friendly methods and mandatory reforestation of any affected areas. The long-term plan of the company is to develop its unique Tantalum properties located in a stable and mining-friendly nation,” stated Ensurge’s newly appointed CEO, Leonardo Riera.

About Ensurge, Inc.

Ensurge Inc. is a high-growth mining production company with expanding operations in Guyana, South America. The Company’s management team is comprised of multi-generational mining professionals with decades of experience. Current operations and properties are focused on gold, diamond, and Rare Earth minerals. For additional information on Ensurge, please visit the Company’s website at .

Forward-Looking Statements

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995. Certain statements in this press release constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve inherent risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements, as a result of various factors. No assurances can be provided of Ensurge’s efforts to raise capital or enter into production at specific dates We caution readers not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. Except as otherwise required by the federal securities laws, we disclaim any obligation or undertaking to publicly release any updates or revisions to any forward-looking statement contained herein (or elsewhere) to reflect any change in our expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.

View source version on businesswire.com:https://www.businesswire.com/news/home/20181219005422/en/

CONTACT: Ensurge, Inc.

Leonardo Riera – (561) 909-9072

KEYWORD: UNITED STATES NORTH AMERICA NEW YORK

INDUSTRY KEYWORD: NATURAL RESOURCES MINING/MINERALS OTHER NATURAL RESOURCES

SOURCE: Ensurge, Inc.

Copyright Business Wire 2018.

PUB: 12/19/2018 09:13 AM/DISC: 12/19/2018 09:13 AM

http://www.businesswire.com/news/home/20181219005422/en

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