SOURCE: American Resource Technologies, Inc.

June 04, 2007 12:12 ET

American Resource Technologies, Inc. Announces Possible Acquisition

LEWISVILLE, TX--(Marketwire - June 4, 2007) - American Resource Technologies, Inc. (formerly Golden Chief Resources, Inc.) (OTCBB: ARUR) (PINKSHEETS: ARUR) has completed preliminary negotiations to acquire a majority interest in Miniature Machine Corporation (MMC) located in Nevada which holds three patents for firearm night sights. MMC manufactures these night sights and a limited selection of firearms. American Resource Technologies expects to finalize the transaction in the next two to three weeks.

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Where this statement includes "forward-looking" statements within the meaning of Section 27A of the Securities Act, the Company desires to take advantage of the "safe harbor" provisions thereof. Therefore, the Company is including this statement for the express purpose of availing itself of the protections of such safe harbor provisions with respect to all of such forward-looking statements. The forward-looking statements in this announcement reflect the Company's current views with respect to future events and financial performance. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ from those anticipated. In this announcement, the words "anticipates," "believes, "expects," "intends," "future" and similar expressions identify forward-looking statements. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that may arise after the date hereof. All subsequent written and oral forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by this statement.

Contact Information

    American Resource Technologies, Inc., Lewisville
    Mike McIlvain