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$ATVK LAS VEGAS, NV, April 17, 2018 (GLOBE NEWSWIRE) -- Ameritek Ventures (OTC: ATVK) (“the Company”), today announced that it has secured access to $1,050,000 in funding through a private lender. These funds are available over a 12-month period, in multiple tranches.

Ameritek is also in advanced negotiations towards securing permanent funding that will enable the execution of its strategic plan, including the assembly of a manufacturing, research and technology center in Roanoke, VA. The Company has completed concept design work and anticipates beginning equipment fabrication and assembly in the third quarter of 2018. Management anticipates launching the production of optical fiber preforms in early 2019.