NAE Managing Director Gary Fietz commented ?We are pleased to have been able to secure this
funding in the current volatile markets. The fact that we were able to raise this funding at a premium
to our current share price illustrates the quality of our Colombian coal projects and our development
strategy."
?We are especially pleased to have the support of each of RCF and Mr Yaw and look forward to their
long term support as key investors in our Company. The funds raised will be used to advance our
exploration and development programs on our Colombian projects, in particular to accelerate
bringing the Subachoque project into early production
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