Correction to news release
FOR IMMEDIATE RELEASE
Investor and Media Relations
McCloud Communications, LLC
Marty Tullio, Managing Member
Office: 949.632.1900 or Marty@McCloudCommunications.com
AmeraMex International Enters
Into $1.7 Million Rental Agreement with U.S. Military Base
CHICO, CA –
February 16, 2016 – AmeraMex International, Inc. (OTC:
AMMX), a provider of heavy
equipment for logistics companies
(stevedoring/shipping), infrastructure construction, logging and mining
companies, has entered into a five-year rental agreement with a U.S. military
base. Under the terms of the Agreement,
AmeraMex will receive $27,900/month for sixty months or rental revenue of
approximately $1.7 million over the five year period. The equipment is expected to be shipped and
operational by March 15, 2016.
equipment has a $900,000 retail value and at the end of the five-year
agreement, the equipment is expected to have a resale value of approximately $750,000.
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.
Except for the historical information contained herein,
statements discussing sales or revenue projections are forward-looking and made
pursuant to the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995, as amended. These statements involve risks and
uncertainties that could cause actual results to differ materially from any
forward-looking statements made herein.