AmeraMex
International Reports Sales of $420,000

 

CHICO, CA, August 14, 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 sold two refurbished container handlers to a customer in Florida
and one refurbished container handler to a customer in Mexico. Both sales total  $420,000. 

 

The
company has also completed the purchase of used loaded container handlers from
a customer that is updating their fleet. The equipment is being transported to the shop in Chico, Calif. where
refurbishing will begin immediately. The retail value of the handlers is
approximately $600,000.

According
to AmeraMex CEO Lee Hamre, the two banks and the government of Niger expect the
various contracts between the banks, the government and private companies
responsible for the transportation projects to take six to eight weeks for
completion. The lender does have the
Bank Guarantees and is waiting for the final agreements to complete the funding
package for approval.

Hamre
commented, “The length of time to complete the funding package is disappointing
to our shareholders but we do have three additional opportunities hinging on
getting this trucking deal put together properly within the public and private
sectors for the funding group. Once
completed, the other opportunities will move more smoothly through the government
and private channels.

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.

 

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