AGORACOM News Flash

AGORACOM Client Feature

Company is planning a late summer exploration program on its claim block which totals 795,824 hectares. The Amazonas Potash Basin is similar in size, scale and geology to Saskatchewan’s potash evaporate deposit, which is the largest and most prolific potash reserve in the world.

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Investment Highlights - Brazil

Amazonas Potash Basin

The Brazilian Government plans to reduce Brazil’s reliance on potash imports from 91% to 60% over the next 5 years
Soils in Brazil are deficient in potassium and require potash to remain productive
The Amazonas potash basin is similar in geology and dimension to the Saskatchewan potash basin in Canada

·Two deposits owned by Petrobras—Arari and Fazendinha—are located 20 and 40 km west of the property being optioned by Pacific Potash. These two deposits have reported historic resources as follows*:

Fazendinha – 520 Mt @ 28.8% KCl
Arari – 659 Mt @ 17.7% KCl

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Re: Michael Baker Co.

in response to Re: moves by lebnjb@ameri

posted on Aug 01, 11 05:19PM (Log in to use the IP Check tool) ^[?]

Dear shareholders,

There has been some chatter on the board about Michael Baker Co. Please see the attached excerpt from the Annual Report on form 10k for clarity on this matter.

The Shareholder Agreement provides that Omagine LLC shall, subject to the approval of the Omagine LLC shareholders hire Michael Baker Corp. ("Baker") as its Program and Project Manager. Baker is a publicly traded U.S. firm (AMEX: BKR) in the business of providing program management, engineering, design and construction management services to a wide variety of clients including the Department of Defense and several state governments. The Company has employed Baker through the feasibility and engineering study phases of the Omagine Project and anticipates that Omagine LLC will execute an agreement with Baker soon after the signing of the Development Agreement. Several Baker representatives and senior executives have made several trips to Oman to visit with management, examine the Omagine Site and plan for Baker's future involvement with Omagine LLC. In March 2011 the President and CEO of Baker and a Vice-President met with the Company's president in Oman.

Baker (www.mbakercorp.com) is headquartered in Pittsburgh, PA, with offices throughout the U.S. and abroad and is experienced in all aspects of design, program management and construction management for large scale construction and development projects of the magnitude of the Omagine Project. Baker has significant program management and construction management contracts with the United States military worldwide - including in the Middle East.

Regards,

AGORACOM

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