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EX-99.1 - NEWS RELEASE DATED DECEMBER 31, 2012 - POTASH AMERICA, INC.exhibit991.htm

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K


CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported)

December 31, 2012

POTASH AMERICA, INC.

(Exact name of registrant as specified in its charter)

Nevada

333-150775

41-2247537

(State or other jurisdiction of incorporation)

(Commission File Number)

(IRS Employer Identification No.)

8th Floor – 200 South Virginia Street, Reno, Nevada

89501

(Address of principal executive offices)

(Zip Code)

Registrant’s telephone number, including area code

(775) 398-3019

N/A

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


Item 7.01

Regulation FD Disclosure.


On December 31, 2012, Potash America, Inc. (the “Company”) announced that it has completed an exploration and drilling program at the deposit it controls in Sodaville, Nevada. The Company drilled, cored, and assayed the samples at the leading laboratories in the U.S.   Based upon these scientific results, the Company has decided not to continue on to the development stage for the Sodaville property.  The Company, under the terms of its agreement, will be returning the rights/claims to the original holder.


Item 9.01

Financial Statements and Exhibits.

99.1

News Release dated December 31, 2012





2




SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


POTASH AMERICA, INC.

/s/ Barry Wattenberg

Barry Wattenberg

President and Director

 

Date:

December 31, 2012