New Colombia Resources Inc fka NEWC

[OneDay4488]

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Mining and Medical Cannabis Company Develops a New Industry for a Post Conflict Colombia
2015-10-21T13:00:00Z Email

Mining and Medical Cannabis Company Develops a New Industry for a
Post Conflict Colombia
Company Significantly Expands Hemp Operations in Colombia
MIAMI, FL -- (Marketwired) -- 10/21/15 -- New Colombia Resources,
Inc. (OTC PINK: NEWC) ("New Colombia" or the "Company"), a U.S.
company with specialty metallurgical coal, medical marijuana, and
hemp assets, is pleased to update shareholders on the progress of
their operations in Colombia. New Colombia Resources is in the final
phases of the review process for an environmental permit to begin
mining activities. This process has taken longer than anticipated due
to additional mining plans being added that will enhance value to
shareholders. They have also developed a sustainable organic hemp and
medical cannabis industry in areas affected by Colombia's rebel
conflict. A post conflict Colombia will bring much needed growth to
areas of the country mostly neglected.
The company is in the construction and set up phase of their wholly
owned concession contract # ILE-09551 for coal and other grantable
minerals. The company's specialty coal is Blue Gem, an extremely high
grade carbon only found on the Kentucky-Tennessee border and
Colombia. Because of its purity, Blue Gem is one of the most
sought-after grades of coal in the world used in many different
countries primarily to produce Silicon metals for lithium batteries
in Electric Cars, laptops, and smart devices. Silicon plants are
being built in Canada, Mississippi, and several in Iceland to meet
projected increased demand in Electric Vehicles (EV) and mobile
electronic devices that demand an extended battery life.
New Colombia's mining activities will first concentrate on supplying
much needed aggregate building materials to the road contractors in
their area, and then haul a specialty high grade, high demand carbon
product on these roads to the Magdalena River terminals. Law 1682 of
2013, deemed the National Infrastructure Law, demands road
contractors to purchase material from the closest licensed mine;
there are several major road projects in proximity.
New Colombia's subsidiary, Sannabis SAS, continues legally producing
medical marijuana products on an autonomous Indian Nation in Norte
del Cauca, Colombia. Sannabis has reached breakeven in the month of
September; hig
h profit margins provide steady cash flow that is
reinvested in the company to continue growing operations. In addition
to their own crops, Sannabis has over 1500 plants are in production
with 15 indigenous families; they set up the families with 100 plants
then buy their medical marijuana to produce high quality medicines
distributed throughout Colombia. Sannabis is working with Governors
of neighboring tribes to set up several hundred families with 100
plants each.
Sannabis sets up workshops to train growers in the care and organic
nurturing of cannabis plants using GMP standards. Most of these
growers are indigenous single mothers directly affected by Colombia's
conflict that are seeking a legal sustainable livelihood and
enthusiastically apply organic and good manufacturing practices.
Sannabis quality control personnel closely monitor this process.
Sannabis and its sister foundation, Taller Libre, formed a
collaboration agreement with a major university to establish a
graduate programs on hemp cultivation and processing.
Sannabis was featured in the October edition of Naturalissimo
Magazine, a publication serving over 3000 stores selling Natural
products. Sannabis products use the following plants, marijuana,
coca, calendula, higuerilla, nettle, and rosemary. Sannabis is
working with this organization to establish distributorships in these
stores. See page 15,
http://issuu.com/naturalissimo/docs/naturaliss
imo_octubre2015?e=8131535/30791390
To view or purchase Sannabis products visit www.sannabis.co. Follow
Sannabis on Facebook for photos and testimonials at
https://www.facebook.com/sannabis.cannamedicinal
New Colombia Resources, Inc.
New Colombia Resources, Inc. is focused on the acquisition and
development of high-quality metallurgical coal properties and other
available resources in the Republic of Colombia. They expect to have
several revenue producing businesses including; metallurgical coal
mining and rock quarry aggregates for domestic Colombian highway and
railroad building projects. The Company owns 100% of La Tabaquera
metallurgical coal mine in Colombia with an estimated 15-17 million
tonnes of reserves. They have another pending acquisition for 390 ha
and a solicitation contract for 184 ha metallurgical coal concession.
For more information on the Company visit
www.newcolombiaresources.com.
Forward Looking Statements
Forward Looking Statements; This Press Release includes
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933 and Section 21E of the Securities Act of 1934.
A statement containing works such as "anticipate," "seek," intend,"
"believe," "plan," "estimate," "expect," "project," "plan," or
similar phrases may be deemed "forward-looking statements" within the
meaning of the Private Securities Litigation Reform Act of 1995. Some
or all of the events or results anticipated by these forward-looking
statements might not occur. Factors that could cause or contribute to
such differences include financing, the future U.S. and global
economies, the impact of competition, and the Company's reliance on
existing regulations. New Colombia Resources, Inc. does not undertake
any duty nor does it intend to update the results of these
forward-looking statements.
Company Contact:
New Colombia Resources, Inc.
John Campo
President/Chairman
(1)-410-236-8200 USA
[e-mail]
[e-mail]
Sannabis SAS
www.sannabis.co