SOURCE: American Resource Technologies, Inc.

April 21, 2008 12:58 ET

American Resource Technologies, Inc. Enters Into Gas Supply Agreement

LEWISVILLE, TX--(Marketwire - April 21, 2008) - American Resource Technologies, Inc. (formerly Golden Chief Resources, Inc.) (OTCBB: ARUR) (PINKSHEETS: ARUR) reports they have entered into a gas supply and repurchase agreement with one of the largest gas producers and marketers in southeast Kansas. Initially, American Resources will use the supplied gas in its gas re-pressurization project on the Ownbey lease in Chautauqua County, Kansas. The gas supplier will also accept and market any excess gas produced from the leases at the same price American Resources pays for the supplied gas.

About American Resource Technologies, Inc.

The company is based in Lewisville, Texas. Additional information about the Company is available at www.americanresourcetechnologies.com

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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

  • Contact:
    M. H. McIlvain
    972 219-8585

    American Resource Technologies, Inc.
    896 N. Mill Street, Suite 203
    Lewisville, Texas 75057
    972 219-8585