SOURCE: New Colombia Resources Inc.

New Colombia Resources Inc.

January 08, 2015 07:44 ET

New Colombia Resources Inc., Subsidiary, Sannabis, to Approach United Nations for Assistance in Developing Hemp Plantations on Colombian Indian Reservations

CALI, CO--(Marketwired - Jan 8, 2015) - New Colombia Resources, Inc. (OTCQB: NEWC) ("New Colombia or the Company"), a U.S. company with coal and other resource assets in Colombia, through its subsidiary Sannabis SAS ("Sannabis"), is approaching the United Nations for assistance in developing a sustainable hemp industry on Indian reservations in Colombia.

Sannabis has been producing marijuana based medicines on Indian reservations in Colombia for over 2 years. They are planting their first hemp fields that will be fully grown in four months. Their Páez/NasaTribe partners make many hemp products by hand and are anxious to create a mechanized sustainable hemp industry. With assistance of local government and the extension of programs currently in place to assist in the development of economic opportunity for Indigenous Tribes, Sannabis is approaching the United Nations. The goal is to assist Native Americans in Colombia to create a hemp industry on their reservations. As Colombia continues its fight against illicit drug production, Sannabis believes hemp is one of the best alternative crops due to favorable economics and sustainability.

Hemp can be used to restore depleted soils; studies show that hemp is a "mop" crop on soils that have been heavily damaged by chemical use. U.S. supported drug eradication programs have damaged thousands of acres that need to be restored. Industrial hemp is being recognized by governments around the world as being an ecologically friendly crop; Sannabis has begun an aggressive campaign to initiate industrial scale hemp plantations in all parts of Colombia, starting with autonomous Indian reservations located near current company operations.

Sannabis has been working with European hemp industrialists to develop manufacturing techniques for hemp bricks in Colombia to be used for affordable housing on and off the reservations and for export. Sannabis can grow enough hemp for a house on one hectare in four months. France has been growing and building with hemp for 50 years, although this market is growing fast, it is being held back mainly by lack of supply. Through partnerships and joint ventures, Sannabis aims to become a force in the U.S. hemp market. Oils and other products derived from Hemp grown on these reservations are already being used in cosmetics and consumables and also may be used to manufacture paper, textiles, and plastics.

For product details visit their website under construction www.sannabis.co

Follow Sannabis on Facebook 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. Company properties are in the final stages of completing all environmental approvals and plan to launch operations in the first quarter of 2015. They own 100% of La Tabaquera metallurgical coal mine in Colombia with an estimated 15-17 million tonnes of reserves. They have also identified and negotiated for the acquisitions of an additional 390 hectares and a solicitation contract for 184 hectare property with a 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 may 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.

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