Published: April 6, 2016 |

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First Colombia Gold Corp. has acquired one hundred percent interest in Singa Energy Solutions, an energy production and consulting company.

The signed agreement outlines the structure of the transaction, which will give First Colombia Gold Corp. full right and title to Singa’s signature assets and contracts. The company is excited that, with this agreement, comes the success-driven management team of Singa, which will move the company to higher levels of performance.

Additionally, the company announced that they would begin operating and doing business under the trade name of Singa Energy Solutions effective immediately. Simultaneous to this acquisition, the company is unveiling a new corporate logo and a new digital presence.

“We are very excited about this acquisition, as well as the introduction of our new company name. We believe the name Singa Energy Solutions allows us to better represent our business and our future focus as we introduce new products and services. These services include utilizing Singa’s current business model, which includes power plant construction and development, marketing petroleum fuels in new markets, and offering energy and fuel procurement consulting to a global consumer market. Our goal when we started nearly two years ago with our first oil and gas acquisition was to become a major energy producer and to offer products and services that span multiple markets and business sectors. In response to customer demand, we continue to aggressively pursue that focused objective and continue to evolve in the process,” said Jason Castenir, CEO of First Colombia Gold.

“All of our products and proven services are backed by the same experienced team and bring the same unique agile approach that our customers rely on. This includes our newest petroleum offerings. This news just enhances our ability to reach a variety of markets and to offer more developed, diversified customer solutions,” said Clarence Parks, president of First Colombia Gold.

“This acquisition and name change formalizes a shift in corporate strategy that has been underway for more than a year. While we take great pride in our US operation, we have the vision to become a global company, and with the success of our previously-announced joint venture relationship with Singa Energy Solutions and our growing focus on energy products and distribution, our legacy name no longer fully describes our company. We want to ensure that our image and name accurately reflect what we do,” added Castenir.

Under the new Singa Energy Solutions, Orrapun P. Misir will become chairperson and member of the board. “I am very enthusiastic about the prospects for the company, and look forward to securing strong revenue growth internationally in the ASEAN (Association of Southeast Asian Nations) countries, a fast-growing region with a population of more than 600 million people,” said Orrapun Misir, chairperson of the new Singa Energy Solutions.

“This unification of First Colombia Gold is a natural fit. It makes clear strategic sense, and creates exceptional value for both companies. Together, we can leverage our best practices to achieve even higher levels of sales, operational excellence and customer satisfaction. The combination of these two companies now offers sales and logistics of fuel from the rack, expanded storage capabilities, export of fuel coupled with future development of global energy projects,” said Alexander Misra, founder of Singa Energy Solutions.

About First Colombia Gold
First Colombia Gold Corp. is focused on acquiring, developing and advancing natural resource, energy, and real estate projects throughout the United States and is currently focused on numerous projects located along the east coast. After acquiring Singa Energy Solutions, First Colombia Gold began operating under the name Singa Energy Solutions.

To stop by Singa Energy Solutions’ website, CLICK HERE

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