Pinnacle Activity Ticker
Petro America Corp Acquires 49% on Its Fourth Gold Mine
Petro America Corp (Pink Sheets: PTRZ) announced today that it has acquired 49% interest in its' fourth gold mine. Over the past few months, Petro America has acquired four gold mines and 49% interest in its latest two gold mine acquisitions.
Management believes that the acquisition and future opportunities to acquire additional gold mines will create substantial value for its shareholders. "Management is committed to creating shareholder value and our goal as a company is to be the second company to win the Nobel Peace Prize, as Grameen Bank from Bangladesh did in 2006, for their efforts to create economic and social development," said CEO Owen Hawkins.
Petro America, "The People's Company," plans to also create thousands of U.S. jobs through the Company's following Divisions and Subsidiaries:
1. WorldStar 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.
Source: Petro America Corp.
Petro America Corp.