AmeraMex
International Provides Niger Update
CHICO, CA, July 30, 2014 – AmeraMex International, Inc. (OTC: AMMX), a
provider of heavy equipment for logistics companies (stevedoring/shipping),
infrastructure construction, commercial farming and mining companies, announced
that it has received commitment letters from two Niger banks to partner with
the Niger Government in the purchase of trucks from the company. These letters have taken an extraordinary
length of time as the country’s people have been celebrating the Muslim holiday
of Ramadan, which encompasses a 29 to 30-day period. Ramadan ended July 27.
AmeraMex
CEO Lee Hamre commented, “Initially the funding organization required one Niger
Bank’s guarantee but then requested a second bank’s participation. We have received the two banks’ commitment
letters and the next step is for the banks to prepare and
submit their bank guarantees to the lender. We do not anticipate it taking a long period of time but we do not control
the speed at which these documents will be drawn up, translated and
submitted. We are represented by two
AmeraMex consultants whose job is to monitor and accelerate the process. The acceptance of the bank guarantees by the
funding organization executes the Agreement. We will issue a news release as soon as the final funding milestone has
been met, added Hamre.”
About AmeraMex International: AmeraMex
International sells,
leases and rents heavy equipment to companies within four industries: construction (light and infrastructure),
shipping logistics, mining and commercial farming. AmeraMex,
with customers in the Americas, Africa, Asia and Eastern Europe, has over 30
years of experience in heavy equipment sales and service, and inventories
top-of-the-line equipment from manufacturers such as Taylor Machine Works Inc.
and Terex Heavy Equipment. For more information visit the AmeraMex website, www.AMMX.net or
www.hamreequipment.com.
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.
Investor and Media Relations
McCloud
Communications, LLC
Marty Tullio, Managing Member
Office: 949.632.1900 or Marty@McCloudCommunications.com
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