ARUR Announces New Strategic Relationship
On Wednesday June 17, 2009, 11:32 am EDT
Buzz up! Print.DALLAS, June 17 /PRNewswire-FirstCall/ -- American Resource Technologies, Inc. (Pink Sheets: ARUR - News) Directors met in April and authorized a partnership with a private company that has strong commercial and economic interests in Brazil. The private company, Ameribras Energy - Oklahoma, is the U.S. holding company which owns Ameribras Energy - BR based in Sao Paulo Brazil. Ameribras BR has extensive corporate ties with many major Brazilian based corporations, including but not limited to, such internationally recognized companies as Petrobras, Vale Mining and Energy, Marsh Insurance - Br and the American Chamber of Commerce - Sao Paulo. This acquisition will enable us to take a more active role in Brazil's exploding economy. Brazil is progressing rapidly to becoming a major player in the global economic market. It is internationally recognized for its stable economy and is considered a world leader in ethanol production and export. Brazil is known for having one of the most ecologically friendly environments in the modern world and is becoming a world leader in the fight against Global warming and Greenhouse gases. ARUR is now positioned to increase their participation in the global market for developing renewable energy programs. This acquisition puts us at the forefront of Brazil's development. We will continue to expand our position in Brazil through joint venture participation with other global entities in such areas as coal bed methane production, wind and solar energy and the production and export of ethanol. Be sure to monitor our website for new information involving future developments.
About American Resource Technologies, Inc.
The company is based in Dallas, Texas. Additional information about the Company is available at www.arur.us
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.
