USCorp (OTCBB:USCS), announces Fiscal 2010 Management Team.
Effective October 1, 2009 Robert Dultz is Chairman of the Board. Carl O'Baugh was reelected to the Board of Directors. Spencer Eubank was also elected a Director. Elected as outside directors were Michelle Seibel, an entrepreneurial business owner experienced in construction and IT consulting; and B. Keith Simerson, a noted author, boardroom advisor, and management consultant. Dr. Simerson recently returned from a two month assignment in Iraq.
Officers of the Corporation are Robert Dultz, President, CEO and Acting CFO; and Spencer Eubank, Secretary-Treasurer, a position he held from 2002 through 2006.
The officers and directors of USCorp's wholly owned subsidiaries, Southwest Resource Development, Inc, and USMetals, Inc., are the same as for USCorp.
USCorp is sad to announce the passing its President, Larry Dietz. Larry was a friend and business associate for over 25 years. His knowledge of mineralization occurrences throughout the Southwest was unparalleled. He was a Vietnam veteran. Most importantly, Larry was a truly good man and we miss him.
About USCorp
USCorp has two USA mineral exploration projects: the gold and silver Twin Peaks project in Yavapai County, Arizona, and the gold Picacho Salton project in Imperial County, California.
About Measurements
Technical Reports and Feasibility Studies on our projects use the internationally recognized Canadian terms "Mineral Resource", "Measured Mineral Resource", "Indicated Mineral Resource" and "Inferred Mineral Resource" that are not defined terms under standards of the United States Securities and Exchange Commission (SEC). Under SEC standards, mineralization may not be classified as a "reserve" unless the determination has been made that the mineralization could be economically produced and permitted in order to be legally produced at the time the reserve calculation is made. USCorp cautions readers not to assume that all or any part of Measured, Indicated or Inferred Resources will ever be converted into Mineral Reserves as defined by the SEC.
Forward-Looking Statements
Statements contained in this release that are not historical facts are forward-looking and involve risks and uncertainties. See "Risk Factors" in USCorp's filings with the SEC. Actual results USCorp achieves may differ materially from any forward-looking statements due to such risks and uncertainties. USCorp undertakes no obligation to revise or update publicly any forward-looking statements for any reason.
Contacts:
USCorp
Robert Dultz, Chairman and CEO
robert@uscorpnv.com
or
Beverly
Jedynak, 312-943-1123
bjedynak@janispr.com