Auctions International Inc.

Auctions International Inc.

April 15, 2011 13:01 ET

Auctions International Announces-New Corporate President

KELOWNA, BRITISH COLUMBIA--(Marketwire - April 15, 2011) - Auctions International Inc. (PINK SHEETS:AUCI), announced today that Doug Mann will be resigning effective immediately as President of Auctions International Inc. and will be replaced by Jean-Eric Plamandon currently President of Amero International.

This is the beginning of the orderly transition of responsibility from one individual to another and is also the first stage in becoming fully reporting as a move is made up one level on the Pink Sheets Exchange. The Head Office of the Company will be immediately moving from Kelowna B.C. to Winnipeg Manitoba.

As President of Auctions International, Mr. Plamandon will immediately take on the following duties:
  • Oversee the union of Auctions International and Amero International.
  • Oversee the Audit Process required for Auctions International and Amero International to merge and move up one level on the OTCBB.
  • Oversee the development of the Auctions International website and facilitate Auctions International initially becoming the retail arm of Amero International.
  • Determine the most strategic plan for new business development that will bring increased value to the shareholders and the company in the shortest period of time.

About Amero International Inc.

Amero International Inc. is a closely held private corporation duly registered in the province of Manitoba Canada. Amero International Inc. has several divisions and product lines. This diverse company is involved in the manufacture, wholesale distribution, and retail sales via the Internet, of products ranging from outdoor recreational products to fine detail collectibles including precious metal mint items.

Amero International has current annual revenues of approximately $700,000 with net revenues of over $400,000 and has a well planned and aggressive growth strategy. Amero International is the sole owner of CMC Mint with manufacturing facilities in China, warehousing in China, the USA and Canada. Company President Jean-Eric Plamondon has several years experience in the start-up of Internet based companies and has extensive experience in offshore production and world wide sales and distribution of quality mint collectibles and investment pieces (jewelry, coins and antique replicas with varying quantities of gold and other precious metals).

This press release contains or may contain forward-looking statements such as statements regarding the Company's growth and profitability, growth strategy, liquidity, access to public markets, operating expense reduction, and trends in the industry in which the Company operates. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to update these forward-looking statements to reflect actual results, changes in risks, uncertainties or assumptions underlying or affecting such statements, or for prospective events that may have a retroactive effect.

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