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First Colombia Announces Plans to Acquire Oil and Gas Assets

13/06/2014 by


First Colombia Gold is pleased to announce plans to acquire oil and gas assets as part of its expansion. The goal of management is to become a Natural Resource company focused on building shareholder value in Energy, Mining and Land opportunities.

“Our current plans call for First Colombia to acquire a pipeline of oil and gas projects, which we believe have solid potential for building shareholder value. Since concluding our recent business evaluation and receiving Board of Directors approval we plan to hit the ground running to meet 2014 objectives.”

The recent appointment of Dr. Robert Gates as CEO and Director of First Colombia brings over forty years of experience in mergers, acquisitions, and the energy sectors. Mr. Gates was previously retained by the company as a consultant to advise the board on long term strategic development, building on the company’s work the past years which resulted in a recommendation to the Board of Directors to transform the company into a Natural Resource company. We plan to announce our initial acquisition of oil and gas assets sometime in the third quarter.

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