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AmeraMex International Inc. and Hamre Equipment to Complete Acquisition by the End of the Month

Aug 9, 2006

 

AmeraMex International Inc. and Hamre Equipment to Complete Acquisition by the End of the Month

CHICO, CA — Aug 9, 2006 — (OTC:AMMX.PK) Lee Hamre, President, announced today that all of the financial data is complete for both AmeraMex and Hamre Equipment. Hamre has accepted the offer from AmeraMex as proposed, and will move ahead with the ratification of the acquisition by the end of the month. At a recent meeting of the Board of Directors of Hamre Equipment Co. Inc., the decision was made to accept the offer presented by AmeraMex International Inc. A final meeting has been scheduled with accountants to ensure that the company may meet future audit requirements. Hamre Equipment Co. sales for 2006 have been very strong and appear to be on track with projections.

For more than 30 years, Hamre Equipment Inc. has been helping to supply the equipment used in building the world’s infrastructure and has developed a customers base worldwide. More information will be available at https://ammx.net.

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:
IR@ammx.net
AmeraMex International Inc.
1-800-540-AMMX (2669)
     
Joshua Ramsey
jramsey@mn1.com