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Petro America Corp acquires 24% of California Gold Mine

Kansas City – July 16, 2009 – Petro America Corp (PTRZ) announced today that it has acquired 24% interest in a California gold mine for an undisclosed amount, which could be substantial. The Company’s second gold mine acquired within the last few months.

(EMAILWIRE.COM, July 17, 2009 ) Petro America Corp acquires 24% of California Gold Mine

Kansas City – July 16, 2009 – Petro America Corp (PTRZ) announced today that it has acquired 24% interest in a California gold mine for an undisclosed amount, which could be substantial. The Company’s second gold mine acquired within the last few months. Management is excited about its gold mine acquisition and will seek other gold mine opportunities. According to the valuation report by Kenneth N. Shonk, a 25 year certified geologist, states the mine has a proven and probable reserves of 1.7 million ounces of gold.

Management is committed to creating shareholder value and our goal as a company is to win a Nobel Peace Prize. Petro America Corp is a multi-million dollar firm and forecasts that it will have an asset base over one hundred million dollars and is also a rapidly growing crude oil holding company.

Petro America plans are to also create thousands of U.S. jobs through the Company’s following Divisions and Subsidiaries:

1. World Star Corp Alternative Energy Division
2. Petro America Financial Services Inc. Division
3. Performance Packaging Group LLC underground storage and Order Fulfillment Division
4. Petro Tech Corp, the Company’s IT and Trading Division
5. Petro Construction and Exploration
6. Petro Realty, the Company’s Real Estate Division
7. Trans World Automation, the Electric Car Division.
8. All Access Insurance Inc.

Disclaimer: The Company relies upon the Safe Harbor Laws of 1933, 1934, and 1995 for all public news releases. Statements, which are not historical facts, are forward-looking statements. The company, through its management, makes forward-looking public statements concerning its expected future operations performance and other developments. Such forward looking statements are necessarily estimates reflecting the company’s best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors. Factors which could cause actual results to differ materially from those estimated by the company include, but are not limited to, government regulation; managing and maintaining growth; the effect of adverse publicity; litigation; competition; and other factors which may be identified from time to time in the company’s public announcements.


Contact Information:
Petro America Corp.
Corporate Communications
Tel: 816-448-3723
Email us
Press Release Keywords:

ptrz, energy, gas, oil, stocks, economy

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