PETROAMERICA GRANTS STOCK OPTIONS

TSXV - PTA

VANCOUVER, Jan. 25 /CNW/ - Petroamerica Oil Corp. (the 'Company') reports that pursuant to the Company's Stock Option Plan, a total of 7,500,000 stock options have been granted to Directors, Officers and Consultants of the Company, subject to regulatory approval.

The options are exercisable at a price of $0.56 per share for a period of ten years.

Petroamerica is a junior oil and gas company operating in Colombia and its shares are listed on the TSX Venture Exchange under the symbol "PTA".  www.petroamericaoilcorp.com

ON BEHALF OF PETROAMERICA OIL CORP.

"Colin Wagner"

Chief Financial Officer

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 this release.

SOURCE Petroamerica Oil Corp.

For further information:

Jeffrey Boyce
Executive Chairman
Petroamerica Oil Corp.

Tel: 403-237-8300
Email: investorrelations@pta-oil.com

or

Colin Wagner
Chief Financial Officer
Petroamerica Oil Corp.

Tel: 403-237-8300
Email: investorrelations@pta-oil.com

Profil de l'entreprise

Petroamerica Oil Corp.

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