International Provides Niger Update and Announces Equipment Order for $161,500
CHICO, CA, December 19, 2014
– AmeraMex International, Inc. (OTC:
AMMX), a provider of heavy equipment for logistics companies (stevedoring/shipping),
infrastructure construction, commercial farming and mining companies, provides
an update pertaining to the Niger project.
and the representatives of the funding groups met with the manufacturer
supplying the trucks destined for projects funded by the Niger government. The two-week trip was successful. It has been decided by the funding group and
the government of Niger that the funding process should be stretched over a
five-year period as opposed to shipping the 3,000 trucks over a three-year
period. The agreement signed by the
Niger Government remains the same with the exception of the overall timeframe.
funding documents are being drawn up for signature reflecting the new five-year
timeframe. With this recent negotiation
and change, management does not yet have a commitment date for funding but
expects to hear from the funding organization shortly.
company also announced that it has sold an empty container handler and two
Utility Tractor Rigs (UTR), all used in the stevedoring industry, to a company
in Ecuador. The amount of the sale with $161,500.
CEO Lee Hamre commented, “There are several projects in discussion for the
Niger government as well as other African countries. We will continue to share progress on the
funding of the Niger truck project but want to remind our shareholders that we
are expanding and growing our profitable core business, which is mainly the
sale of container handlers in all of the Americas.
About AmeraMex Internationa
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
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