SOURCE: Americas Energy Company
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December 09, 2009 14:30 ET
Americas Energy Company Adds Top Executive to Management Team
KNOXVILLE, TN--(Marketwire - December 9, 2009) - Americas Energy Company (OTCBB: AENY), a
publicly traded company currently based out of British Columbia, and
Americas Energy Company, Inc., "AECo," based out of Knoxville, Tennessee,
announced today that AECo has hired Samuel "Sam" Johnson, MBA, PE, to their
executive team as Chief Operating Officer (COO). AECo is in the process of
being acquired by AENY. Mr. Johnson has more than 40 years of coal
industry experience and was most recently employed by Midwest Terminals of
Toledo International. Mr. Johnson has also worked with two publicly traded
companies: Transco Energy and General Energy.
"The addition of Sam Johnson to the AECo executive team is the final piece
of the puzzle!" said Chris Headrick, President and Co-CEO of Americas
Energy Company. Mr. Headrick added, "With the pending acquisition of the
Evans Coal Company, Inc. we realized that we needed a strong and
experienced hand to properly develop and exploit the resources assembled by
the Evans family. Sam brings AECo that depth of experience. With Sam's
guidance we will develop and offer our high quality specialty coals to both
the domestic and international markets." Please visit our website
www.AmericasEnergyCompany.com to view Mr. Johnson's resume.
About Americas Energy Company
We are a consolidator of high quality energy properties, operating out of
our main offices in Knoxville, TN. We currently operate projects in both
Kentucky and Tennessee. AECo invests in energy projects throughout the
Americas. We are currently evaluating several additional coal projects, as
well as an oil and gas rework project in Southeastern Kentucky.
Safe Harbor statement under the Private Securities Litigation Reform Act of
1995: The statements in this release relating to completion of the
acquisition and the positive direction are forward-looking statements
within the meaning of the Private Securities Litigation Reform Act of 1995.
Some or all of the results anticipated by these forward-looking statements
may not occur. Factors that could cause or contribute to such differences
include, but are not limited to, contractual difficulties which may arise,
the failure to obtain necessary approvals, the failure to complete the
business combination between AECo - Tennessee and AENY - British Columbia,
the future market price of AENY common stock and the ability to obtain the
necessary financing.