Colombia Energy Resources, Inc. a mining company focused on producing metallurgical coal from the Republic of Colombia, has engaged Liolios Group to lead its investor relations and financial communications program.
“We’ve begun our first production of met coal from two producing coal concessions in Colombia, with nine other company-owned concessions under various states of development,” said Ron Stovash, president and CEO of Colombia Energy Resources. “This has brought us to a pivotal stage in our growth where it is timely for a team of experienced IR professionals like Liolios Group to help us address the capital markets and effectively communicate our story. Liolios Group offers a proven track record of helping emerging growth companies deliver their message to build quality, long-term relationships with investors, analysts and institutions.”
In collaboration with Colombia Energy Resources management, Liolios Group will refine and deliver the company’s message for maximum resonation within the financial community. Liolios Group will also schedule a number of one-on-one conference calls, road shows and financial conferences, targeting key influencers such as analysts, institutional investors and members of the financial press.
Justin Vaicek, head of Liolios Group’s new Natural Resources vertical, will oversee the IR campaign and help CERX navigate the capital markets. Vaicek is a seasoned executive with more than 18 years of experience in senior level management, equity research, portfolio analysis, and investor relations across multiple industries, including energy and natural resources.
“Operating under highly capable and experienced management, Colombia Energy Resources is benefiting from rising global demand for metallurgical coal used in the production of steel,” said Vaicek. “Demand for coal is expected to increase by 50% over the next two decades.”
“The Republic of Colombia has also become one of the more attractive emerging markets for foreign investment, driven primarily by major security and economic reforms over the last decade,” continued Vaicek. “In fact, the Colombian government has committed $56.5 billion over the next 10 years to making business opportunities in the country more attractive, including those in the mining sector. Colombia Energy Resources stands to gain from these emerging economic drivers, as it begins to develop its substantial coal resources.”