Tuesday 25 June 2024
  • La Cimbali

COLOMBIA – New Colombia Resources Inc. updates shareholders on progress of organic coffee in Colombia

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BARRANQUILLA – New Colombia Resources, Inc. (” New Colombia or the Company “) announces they are diligently working on their projects in Colombia. Company President, John Campo, is overseeing all three of the operations in cooperation with Erasmo Almanza and Diego Guarnizo.

Mr. Guarnizo is in Bogotá in discussions with organic coffee farmers, roasters, and packagers.

Although he has an established relationship with suppliers, he will attend a coffee convention next week to amplify his choices. New Colombia expects to close the acquisition of Café Tolima Don Diego by next week.

The company has decided to use the vacuum packed paper bag exterior packaging on their website to continue with the feel of natural organic. In Colombia there is only one other organic coffee on the shelf which sells for US$ 9 for a 283 gram bag.

To view the packaging, go to http://www.cafetolimadondiego.com.

About New Colombia Resources, Inc.

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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 three revenue producing businesses; metallurgical coal mining, African palm distribution, and traditional and organic coffees. They own 100% of La Tabaquera metallurgical coal mine in Colombia with an estimated 15- 17 MM tonnes of reserves.

They have another pending acquisition for 390 ha and a solicitation contract for 184 ha metallurgical coal concession. In October 2013 they are planting 2000 African palm trees for the production of bio-diesel in Colombia and they are acquiring an organic coffee company.

Once the necessary financing is obtained, the Company plans to have additional revenue producing business units in Colombia: coal mining, coking oven facilities, docks, river, and rail transportation to export terminals in Colombia.

The Company is also exploring allegiances with U.S. and Colombian universities to study capturing Coal Bed Methane (CBM) in Colombia

Source: New Colombia Resources

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