View List

AmeraMex Completes Requirements for Acquisition of Hamre Equipment

Jul 14, 2006

AmeraMex Completes Requirements for Acquisition of Hamre Equipment

CHICO, CA — Jul 14, 2006 — (AMMX.PK) Lee Hamre, President, announced that AmeraMex has completed the paperwork required in its acquisition. There were several points of contention discovered by HAMRE when the merger was first planned. These points of contention were all items that needed to be cleared up by AMMX prior to HAMRE accepting the terms of the merger. As of this date HAMRE EQUIPMENT of Chico, California is satisfied with the responses and conclusions supplied by AMMX. Lee Hamre, president and CEO of both HAMRE EQUIPMENT and AMMX, anticipates a special stockholders meeting very soon to ratify the merger transaction. AmeraMex’s acquisition of Hamre will add over $12,000,000 in annual revenues and will bolster the balance sheet substantially. Lee Hamre, newly elected President and CEO of AMMX, believes the shareholders’ position will be enhanced substantially and the steady and regular cash flow will provide balance to the company’s activities. Mr. Hamre stated, “I’m very pleased that we have passed this milestone. This acquisition will allow the company to move forward in accomplishing its major goals.”

Safe Harbor Statement
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and as such, may involve risks and uncertainties. Forward-looking statements, which are based on certain assumptions and describe future plans, strategies, and expectations, are generally identifiable by the use of words such as “believe,” “expect,” “intend,” “anticipate,” “estimate,” “project,” or similar expressions. These forward-looking statements relate to, among other things, expectations of the business environment in which the Company operates, projections of future performance, potential future performance, perceived opportunities in the market, and statements regarding the Company’s mission and vision. The Company’s actual results, performance, and achievements may differ materially from the results, performance, and achievements expressed or implied in such forward-looking statements.

Contact:
Investor Relations:
AmeraMex International Inc.
1-800-540-AMMX (2669)

#  #  #