CALI, Colombia, June 24, 2016 /PRNewswire/ --
New Colombia Resources, Inc. (OTC: NEWC), a Colombian company listed in the U.S., is pleased to announce the cease fire between the Revolutionary Armed Forces of Colombia (FARC) and the Republic of Colombia. Although the final peace deal will require approval in referendum, the FARC's acceptance of disarmament is a key step towards resolution.
Companies like New Colombia Resources Inc. will benefit greatly from increased investor confidence and risk mitigation of security issues. A new wave of international investors is expected to join the emerging markets of Colombia. Many institutional funds can now make investments that some charters forbade because of Colombia's armed conflict.
New Colombia Resources' partnership in Sannabis stands to greatly benefit because they operate in a conflict zone that is in need of new industry for a post conflict Colombia. Many international organizations are in the area trying to help establish programs to help this region. Sannabis legally grows high quality organic medical marijuana on the Nasa Indian Reservation in the Cauca Department of Colombia and processes it into medicines that are distributed throughout Colombia. This area notorious for growing marijuana was once a FARC stronghold that cultivated marijuana and coca illegally. Sannabis is proud to be a part of the effort to transform marijuana from an illicit drug to a legal medicine.
In other news, Sannabis will host Colombia's first Medical Marijuana Forum called "Cannabis, a Life Alternative." The forum will be held in Popayan, the Capital of the Cauca Department, at the Auditorio Banco de la Republica May 25 at 9 am. Presenters include Dr. Alex Franco, medical surgeon and member of the Society of Cannabis Clinicians in the U.S. Other presenters include Natalia Tangarife from the Cultivando Esperanza Foundation who was instrumental in the approval of medical marijuana by Colombia's congress last month. Ms. Tangarife's son Jacabo has epilepsy and has shown remarkable improvement using Sannabis products. Sannabis and the foundation treat hundreds of kids with epilepsy. Here is Natalia with Senator Juan Manuel Galan, sponsor of the bill passed last month. https://twitter.com/juanmanuelgalan/status/735603600219623425/video/1
To learn about the Cultivando Esperanza (Growing Hope) Foundation, follow them on Facebook at https://www.facebook.com/fundacioncultivandoesperanza/ . Sannabis donates and offers special pricing to Cultivando Esperanza so no sick child is left behind, to make a donation to the foundation contact firstname.lastname@example.org
New Colombia Resources' mining operations also stand to benefit greatly from the cease fire. In addition to new investors, Insurance premiums for transporters and other ancillary operations should be reduced. New Colombia has made considerable progress towards starting mining operations that will be announced in the coming week.
To view the brochure for the Cannabis forum or purchase Sannabis products visit http://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. New Colombia Resources also holds a significant position in Sannabis SAS which legally produces medical marijuana products in the Republic of Colombia, visit http://www.sannabis.co. For more information on the Company visit http://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.
SOURCE New Colombia Resources, Inc.