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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1045390	Colombia Clean Power & Fuels Inc	CCPF.OB	Bituminous Coal & Lignite Surface Mining (1221)	870567033

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1385897	Steelhead Navigator Master, L.p.	C/O Citco Fund Services (Bermuda) Ltd. 4Th Fl. Mintflower Pl, 8 Par-La-Ville Rd Hamilton Hm 08 D0		No	No	Yes	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2011-06-01	1,785,714	$1.00	2,980,133	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Series A Convertible Preferred Stock	10% Secured Convertible Note due June 30, 2012	Disposition	2011-06-01	0	$0.00	300,000	$0.00
Common Stock	Series A Convertible Preferred Stock	Acquisiton	2011-06-01	300,000	$0.00	1,500,000	$0.00
Common Stock	Warrant to Purchase Common Stock	Acquisiton	2011-06-01	105,000	$0.00	105,000	$0.00
Common Stock	Series A Convertible Preferred Stock	Acquisiton	2011-06-01	1,500,000	$0.00	7,500,000	$0.00
Common Stock	Warrant to Purchase Common Stock	Acquisiton	2011-06-01	525,000	$0.00	525,000	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	2010-12-10	2012-06-30	No	4	C	Indirect
300,000	2011-06-01		No	4	C	Direct
105,000	2011-06-01	2016-05-31	No	4	C	Direct
1,800,000	2011-06-01		No	4	P	Direct
630,000	2011-06-01	2016-05-31	No	4	P	Direct

Footnotes

The Series A Convertible Preferred Stock (the "Series A Stock") has no expiration date, but is subject to certain common stock automatic conversion features after the initial 18 months from the date of issuance.
The reporting persons converted $3,000,000 in face amount of 10% Secured Convertible Notes due June 30, 2012 (the "Notes") into units consisting of 300,000 shares of Series A Stock and warrants to purchase up to 105,000 shares of common stock. Each share of Series A Stock is initially convertible into five shares of common stock. Each warrant has a $0.01 exercise price per share. The Notes also previously contained an alternative option to convert into common stock at $2.50 per share.
The reporting persons acquired units consisting of 1,500,000 shares of Series A Stock and warrants to purchase up to 525,000 shares of common stock for an aggregate purchase price of $15,000,000. Each share of Series A Stock is initially convertible into five shares of common stock. Each warrant has a $0.01 exercise price per share.