Major Restructuring of PANAMERSA Corporation
(PNMS:PK)
1)The Foundational unanimously appoints Pedro Borges Fiol as its President.
2)Reduce PNMS:PK authorized shares (A/S) from ten billion to six billion.
3)PNMS:PK, has been reclassified as a beneficiary company of FPA.This change will allow the release of better financial information related to the fund. PNMS:PK has become an investment-development FPA Fund Company.
4)PNMS:PK will open an office in Costa Rica, the Pan American Business Center.
5)A new CEO, CFO and Board of Directors will be named within 60 days from the 29th of Feb. 2008.
6)PNMS:PK stockholders and PDR holders will have the option to convert to a PDR Gold instrument for various terms at a fixed interest rate.
7)An effort will be made to ensure that all PNMS:PK shareholders have the ability to get information within seventy two hours of their request when properly requested and after verification of identity.
8)PNMS:PK saw a substantial increase in revenues, during 2007, and projects that this trend will continue.
9)Additional news releases related to the restructure will be forthcoming in the next few weeks on our news release section at the http//panamersa.net.