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AmeraMex International Enters Into $1.7 Million Rental Agreement With U.S. Military Base

Feb 16, 2016
AmeraMex International Enters Into $1.7 Million Rental Agreement With U.S. Military Base

CHICO, CA--(Marketwired - Feb 16, 2016) - AmeraMex International, Inc. (OTC PINK: AMMX), a provider of heavy equipment for logistics companies (stevedoring/shipping), infrastructure construction, logging and mining companies, has entered into a five-year rental agreement with a U.S. military base. Under the terms of the Agreement, AmeraMex will receive $27,900/month for sixty months or rental revenue of approximately $1.7 million over the five year period. The equipment is expected to be shipped and operational by March 15, 2016.

The equipment has a $900,000 retail value and at the end of the five-year agreement, the equipment is expected to have a resale value of approximately $750,000 million.


AmeraMex International Signs Agreement Equivalent to $255,000

CHICO, CA – March 14, 2016 – AmeraMex International, Inc. (OTC: AMMX), a provider of heavy equipment to logistics companies (stevedoring), infrastructure construction, commercial farming and mining companies, announced that it has sold an undisclosed number of forklifts to a sawmill in California for approximately $135,000. The company also signed a one-year lease agreement for loaded container handlers with an off-dock container sorting yard located in California. The lease agreement will generate revenue of approximately $120,000 over the twelve-month period.

CEO Lee Hamre commented, “We are continuing to see revenue growth in in the U.S. and the expansion of our back log of proposals from new and existing customers. The entire management team looks forward to a banner year for the company beginning with revenue for the first quarter of approximately $1.9 million.”

The company’s year-end financial conference call will be held Friday, March 25 at 10:00 a.m. Pacific Time. The conference call dial-in number for both U.S. and international callers is 1.719.457.2661. Please dial in to the conference center five minutes before the call is scheduled to begin and ask the operator for the AmeraMex conference call.

AmeraMex International Ships Orders for Approximately $132,000

Interview of Auditing Firms Underway

CHICO, CA--(Marketwired - Feb 22, 2016) - AmeraMex International, Inc. (OTC PINK: AMMX), a provider of heavy equipment for logistics companies (stevedoring/shipping), infrastructure construction, logging and mining companies, announced that it has sold approximately $132,000 of used equipment to a sawmill in Northern California.

CEO Lee Hamre commented, "The shipment contains Taylor TX-160 forklift trucks that we have had on lease to an Army Base for five years. One of the most successful and profitable segments of our business is leasing equipment that at the end of the lease agreement, we recover, refurbish and resale to small U.S. business that cannot afford new equipment."

Hamre continued, "We are now in a financial position that will allow us to get an SEC audit underway. We have asked our attorneys at Fitzgerald, Yap, Kreditor LLP to recommend a California-based auditing firm having experience with small companies. We have begun the interview process, as we want an auditing firm with which we can work closely and build a strong long-term relationship.

"Once we have retained an auditor, we will disseminate a news release with the firm's name and a timeframe to complete a two-year audit and submit to the SEC. Becoming a reporting company is a significant benefit to the company and its shareholders," added Hamre.