Sunny Isles Beach, FL -- (ReleaseWire) -- 05/05/2016 --John Campo, CEO of New Columbia (OTCPK:NEWC) sits with Uptick Network host Everett Jolly to inform shareholders of the progression of the company. They are proud to have had input with the Columbian Administration of Justice to help forward the legalization of Marijuana in Columbia. The legalization degree was signed by the Columbian president on December 22nd 2015 and has opened the door to allow for this company to lead the market.
Furthermore, John Campo discussed about the background in investment banking lead to New Columbia becoming a publicly traded company and how this company has evolved from working with metallurgical coal into a diversified business model that features three revenue-producing companies. He speaks about how coal and aggregation operations is expected to come online in the summer months. This operation alone has a projected revenue of three million dollars per year. The company is proud to inform shareholders they do own their own crushing plant for aggregates. Their plan for this crushing plant is to generate cash flow for their coal mining machine acquisition.
Listen to the full interview on the Uptick Network Stock Day Radio Show, Uptick's page with Audio Boom, Uptick's YouTube channel, or click here: upticknewswire.com.
About 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. New Colombia Resources also holds a significant position in Sannabis SAS which legally produces medical marijuana products in the Republic of Colombia, visit www.sannabis.co.
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.
New Colombia Resources, Inc.