Americas Petrogas Inc.
TSX VENTURE : BOE

Americas Petrogas Inc.
Americas Potash Peru SA

Americas Potash Peru SA

June 10, 2009 09:01 ET

Americas Petrogas Engages Ercosplan for Potash Brine Reservoir and Evaporite Deposit

CALGARY, ALBERTA--(Marketwire - June 10, 2009) - Americas Petrogas Inc. (TSX VENTURE:BOE) (the "Company" or "Americas") is pleased to announce it has formally engaged The Ercosplan Group of Companies ("Ercosplan") to prepare a Preliminary Brine Resources Assessment Study ("Brine Resources Study") for Americas surface potash brine reservoir and solid evaporate deposits located on the Company's 82,195 hectare (approximately 203,000 acres or 821 sq.km.) Bayovar concession in the Sechura Desert in Northwest Peru.

About Ercosplan

Ercosplan is an independent consulting firm considered world leader in the potash and mineral salts industry. With over 50 years experience in the potash industry, Ercosplan provide support at all stages of development from exploration concept studies, prefeasibility studies and process design to capital cost assessment studies, market studies and supervision of construction activities. Located in Central Germany, the birthplace of the modern potash industry, the company employs approximately 150 engineers, scientists, technicians, economists and computer experts.

Qualified Person

EurGeol Dr. Henry Rauche, Managing Director and CEO of Ercosplan, serves as the qualified person under National Instrument 43-101. Dr. Rauche has a wide range of experience in mineral resource and reserve estimation for solid ore as well as liquid brine mineral salt deposits and is author/co-author of more than 60 relevant publications. Dr. Rauche is responsible author of several reports according to National Instrument 43-101.

Barclay Hambrook, President and CEO commented:

"Dr. Rauche and Ercosplan are highly qualified and represent a valuable engineering and geological resource for the Company, especially in updating and verifying historical technical data and reports. During a recent site visit, Dr. Rauche commented that the sun and wind conditions at six degrees from the equator, offers the project the very unique opportunity to employ solar evaporation processing. This, combined with the existing infrastructure including nearby ports, highway system, and labour force gives Americas competitive advantages including that of becoming one of the lowest cost producers of potash fertilizers.

Mr. Hambrook added that an additional advantage is the close proximity to the large and growing potash markets of Brazil, Ecuador, Colombia and neighbouring countries of Peru, as well as access to the Asia markets of China and India.

About Americas Petrogas Inc.

Americas Petrogas is a Canadian company whose shares trade on the TSX Venture Exchange under the symbol "BOE". The Company has oil and gas exploration and development activities in Argentina and, in Peru, the Company, through its wholly owned subsidiary, Americas Potash Peru SA, is developing a surface potash brine reservoir and evaporite deposit at Bayovar in the Sechura Desert, Northwest Peru.

Except for historical information, certain statements in this Press Release constitute forward-looking statements under applicable securities legislation. Such forward-looking statements involve risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements in this press release include but are not limited to references to future development activities on the Bayovar potash concession. This forward-looking information is subject to known and unknown risks and uncertainties and other factors, which may cause actual results, levels and timing of activity and achievements to differ materially from those expressed or implied by such information.

Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of the release.

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