Management Provides Update on African Travels
CHICO, CA – 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 an order totaling approximately $240,000 for heavy equipment.
The order for a refurbished loaded container handler will ship by the end of April to a customer in Mexico. In addition, the company has submitted a $500,000 proposal for heavy equipment to a customer in Central America. Management expects a decision from the customer by the end of the month.
AmeraMex CEO Lee Hamre commented, "We returned from Niger over the weekend and would like to report that significant progress was made. We discussed the logistics of two potential opportunities; one a 20 megawatt solar system a $200 million order for over-the-road semi-trucks. Memorandums of Agreements (MOAs) for both opportunities are being translated into English and we expect to receive the MOAs over the next three weeks to four weeks. After the MOAs are received, reviewed and signed here in the U.S., we will be making the trip to China with our potential Niger customer. This is a very important step to finalizing the $200 million truck agreement."
Hamre continued, "The solar energy project presents opportunities now and over a number of years. Our Hawaiian partner is taking the lead on this project for the configuration and pricing of the initial 20 megawatt system. Niger has over 10,000 villages that would benefit from inexpensive electricity provided by ½ - 1 megawatt solar systems. This potential opportunity is moving forward quickly and we will update our shareholders on the progress of both opportunities."
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.
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