SOURCE: AmeraMex International

AmeraMex International

December 19, 2014 10:12 ET

AmeraMex International Provides Niger Update and Announces Equipment Order for $161,500

CHICO, CA--(Marketwired - Dec 19, 2014) - AmeraMex International, Inc. (OTC PINK: AMMX), a provider of heavy equipment for logistics companies (stevedoring/shipping), infrastructure construction, commercial farming and mining companies, provides an update pertaining to the Niger project.

Management and the representatives of the funding groups met with the manufacturer supplying the trucks destined for projects funded by the Niger government. The two-week trip was successful. It has been decided by the funding group and the government of Niger that the funding process should be stretched over a five-year period as opposed to shipping the 3,000 trucks over a three-year period. The agreement signed by the Niger Government remains the same with the exception of the overall timeframe.

The funding documents are being drawn up for signature reflecting the new five-year timeframe. With this recent negotiation and change, management does not yet have a commitment date for funding but expects to hear from the funding organization shortly.

The company also announced that it has sold an empty container handler and two Utility Tractor Rigs (UTR), all used in the stevedoring industry, to a company in Ecuador. The amount of the sale with $161,500.

AmeraMex CEO Lee Hamre commented, "There are several projects in discussion for the Niger government as well as other African countries. We will continue to share progress on the funding of the Niger truck project but want to remind our shareholders that we are expanding and growing our profitable core business, which is mainly the sale of container handlers in all of the Americas.

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, or

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.

Contact Information

  • Investor and Media Relations
    McCloud Communications, LLC
    Marty Tullio, Managing Member
    Office: 949.632.1900
    Email Contact