Value Microcaps Food, Agriculture and Soft Commodities

[Bobwins]

denial of all permit applications



TSX-V: PCT
VANCOUVER , Aug. 23, 2012 /CNW/ - Prima Colombia Hardwood Inc. (PCT.V) ("Prima" or the "Company") announces that the Company was notified that all of its pending forestry permit applications have been denied by the National Authority of Environmental Licenses ("ANLA"). Notification was made by Resolution 0689 issued on August 23, 2012 .
The Company is in the process of translating and analysing the Resolution, but it appears the reasons for denial include the steepness of the terrain, the timber allocation to the region and the consultation between the licensor, the Community of Los Delfines, and its community members.
On the completion of the detailed review of the Resolution, the Company will consult with the Community of Los Delfines and assess its options.
About Prima Colombia
Prima Colombia Hardwood Inc. is a TSX Venture Exchange-listed Canadian based forest products company focused on international tropical hardwood timber development, production and marketing. Prima's initial operations are located near Bahia Solano, Department of Choco on the west coast of the Republic of Colombia. All Prima forestry concessions are intended to be operated following the highest standards of sustainable forestry and environmental management. Prima brings over 30 years of forestry experience and dedication to best environmental operating practices and working with local communities and governmental agencies.