Colombia Energy Resources Inc. (CERX)

Overview

Colombia Energy Resources, Inc. is a company focused on the exploration and development of coal mines within the Republic of Colombia. Originally founded in 1996 and based in San Francisco, California, the organization has undergone significant changes over the years, including a name change from Colombia Clean Power & Fuels, Inc. to Colombia Energy Resources, Inc. in November 2011. This shift underscores the company's commitment to harnessing Colombia's rich coal reserves. Operating within the legal and environmental frameworks of Colombia, the company has acquired concession contracts to explore and potentially develop coal mines over an expansive area, emphasizing its role in the area's energy sector and its contribution to meeting global energy demands.

Products and Services

• Coal Mining Concession Contracts

  Colombia Energy Resources, Inc. holds ten coal mining concession contracts in the Boyacà and Santander districts of the Republic of Colombia, covering an area of 10,455 hectares. These contracts authorize the company to explore and exploit coal deposits, providing a legal framework for its operations in Colombia's significant coal-producing regions. This strategic positioning allows the company to access and develop substantial coal resources, contributing to both local and global energy markets.

• Option for Additional Concession Contract

  Beyond its existing holdings, Colombia Energy Resources, Inc. has secured an option to purchase an additional coal mining concession contract, which spans 1,550 hectares in the Boyacà district. This option represents potential for expansion and growth, giving the company the ability to extend its operations by developing more coal deposits if it chooses to exercise this option. It highlights the company’s strategic planning for future resource management and operational scale-up.