(EMAILWIRE.COM, August 19, 2009 ) Kansas City – Petro America Corp (PTRZ) announced today that it has acquired 49% interest in a Nevada granite mine for an undisclosed amount, which could be substantial. The Company hopes its 49% interest should represent tremendous valuation for its shareholders. Management is excited about its granite mine acquisition that could propel the company as a major player in the construction and building industry and the company will also seek other mining opportunities.
“Our CEO’s and presidents of Petro America Corp’s Division and Subsidiaries, are very committed to building shareholder value and launching humanitarian projects. This is also a mandate of the talent that we have in our shareholder base. One of our goals as a company is to win a Nobel Peace Prize”, stated Owen Hawkins,. Petro America Corp’s CEO.
Petro America plans are to also create thousands of U.S. jobs through the CompanyÂ’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 CompanyÂ’s IT and Trading Division
5. Petro Construction and Exploration
6. Petro Realty, the CompanyÂ’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 companyÂ’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 companyÂ’s public announcements.