Newsroom

The decision to invest in the Lithium & Boron Mine Project is proving to be correct and extremely successful far beyond the planned target.

Is there a mega-surprise in our involvement in a mining project?

In addition to our company announcement from the end of May of this year, we would like to inform you about the extremely pleasing progress with regard to our core investment, the mining project in Bosnia-Herzegovina.

We are pleased to announce that at the beginning of 2020, management had intensive discussions about the company's portfolio, the associated risks and future opportunities.

As part of the realignment and portfolio expansion into other business segments such as industrial raw materials, Nowea Energy Inc. is becoming an international energy supplier and raw materials specialist. In line with this development, the company management and the main shareholders have already applied to the SEC for a name change in advance of the going public this year.

We are pleased to announce that we are off to an excellent start in 2020, and were pleased to sign a joint venture agreement at the end of last year for the development of a newly discovered heli environment.

As mentioned in our corporate announcement at the beginning of October, there are several projects that Mystic Energy Services has prepared for us to submit to Nowea Energy Inc. for evaluation with the aim of sustainably increasing the profitability and value of Nowea Energy Inc.

We are pleased to announce that the negotiations between Nowea Energy Inc. and Mystic Energy Services LLC have been successfully concluded and that all so-called "Operation Services", i.e. the overall management and development of our oil wells in Kentucky, will be taken over by Mystic Energy Services LLC.

We are pleased to announce that Nowea Energy has entered into an agreement with Mr. Frank Freeman, Director of BLACK GOLD OIL Co., and that Mr. Freeman will be taking over the maintenance and support of our oil wells in Kentucky as "Wellhead Pumper" with immediate effect.

We are pleased to announce that we have filed a registration document for the future listing and tradability of our shares under the U.S. Securities Act of 1933 with the U.S. Securities and Exchange Commission (SEC) and that we received a positive decision from the SEC on June 14, 2019.