July 19, 2011
Potash America, Inc. Announces Peter J. Schaumberg Joining Advisory Board
RENO, Nev., July 19, 2011 /PRNewswire/ -- Potash America, Inc. (OTCBB: PTAM), (the "Company") is pleased to announce the association of Washington D.C. Attorney and Mineral Resource Development expert Peter J. Schaumberg. He will join the Potash America, Inc. Advisory Board. Peter J. Schaumberg brings an enormous wealth of experience in the field of environmental law, land use and development of energy and mineral resources on federal lands offshore and onshore. He councils major multi-national corporations, domestic companies and leading industry trade associations regarding development and operations on the Outer Continental Shelf and on federally managed lands onshore, including oil and gas, solar, wind and geothermal resources. Mr. Schaumberg also advises mining company clients on matters related to development of hard-rock mineral resources on public lands. He is a highly recognized authority with respect to royalty reporting and payment issues for federal mineral leases offshore and onshore.
Peter J. Schaumberg was educated at Tulane University (B.A., cum laude, 1972) George Washington University, National Law Center (J.D., with Honors, 1975). He now practices energy, environmental, and land use. Mr. Schaumberg's bar admissions and memberships are District of Columbia, U.S. Supreme Court, Rocky Mountain Mineral Law Foundation, and American Bar Association (Section of Environment, Energy and Resource). He was the Deputy Associate Solicitor for the Division of Mineral Resource/Assistant Solicitor for Onshore Minerals (1981-2006). Peter J. Schaumberg was responsible for providing legal advice to the mineral and energy resource programs of The U.S. Deputy of the Interior, including the Bureau of Land Management, the Bureau of Ocean Energy Management, Regulation and Enforcement, and the Office of Surface Mining. Mr. Schaumberg has written and lectured on a wide range of legal topics relating to the development of oil and gas, coal, hard rock minerals and alternative energy.
President and C.E.O. Barry Wattenberg said, "We are thrilled to have Peter associating with Potash America. He has already provided valuable insight and contacts."
This release includes certain statements that may be deemed to be "forward-looking statements" within the meaning of applicable legislation. Other than statements of historical fact, all statements in this release addressing future operations, undiscovered hydro-carbon resource potential, exploration, potential reservoirs, prospects, leads and other contingencies are forward-looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results may differ materially from those in the forward-looking statements due to factors such as market prices, exploration successes, continued availability of capital and financing, and general economic, market, political or business conditions.
Please see our public filings at www.sec.gov for further information.
For Additional Information, Contact:
Teresa Schaffer, shareholder/public relations
E-mail: [email protected]
SOURCE Potash America, Inc.