AmeraMex
International Replaces MOA With a Contract
for Signature by Niger’s Ministry of Transportation
CHICO, CA – May 20, 2014 – AmeraMex
International, Inc. (OTC: AMMX), a provider of
heavy equipment for logistics companies (stevedoring), infrastructure
construction, commercial farming and mining companies, is providing an update to the Memorandum of Agreement (MOA) between Niger’s
Ministry of Transportation and the Company.
Management
spent five days in China with three representatives from Niger’s Ministry of
Transportation and management of a Chinese vehicle manufacturer reviewing truck
models and specifications as outlined in AmeraMex’s proposal to Niger for
approximately 3,000 trucks. The order is
valued at approximately $300 million over a thirty-six month period.
AmeraMex
CEO Lee Hamre commented, “The due diligence was completed as outlined under the
MOA and the trip was a great success. The next step will be our drafting of the agreement (contract). Once completed, the agreement will be
presented to the Minister of Transportation and Prime Minster of Niger for
signature. Once signed, the agreement
will be provided to the lender for final approval. We will keep our shareholders apprised of
the progress.
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.
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
# # #