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Thursday, 07/11/2013 3:37:53 PM

Thursday, July 11, 2013 3:37:53 PM

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American Sands Energy Corp. Retains Merriman Capital as Capital Markets Advisor
Thomson Reuters ONEPress Release: Merriman Holdings Inc. – Wed, Jul 10, 2013 9:02 AM EDT..

SAN FRANCISCO - July 10, 2013 - Merriman Capital, Inc. ("Merriman"), a wholly owned subsidiary of Merriman Holdings, Inc. (MERR), announced today that it has been retained as Capital Markets Advisor to American Sands Energy Corp. (the "Company" or "American Sands") (AMSE). Merriman will advise American Sands management on various strategic initiatives focused on increasing shareholder value and assist the company with its involvement with shareholders and capital markets participants. Merriman provides its advisory clients with Corporate Services and Capital Markets advice on the effective engagement of a potentially broader institutional shareholder base, financing solutions, and strategies for organizing their capital structure while helping to increase trading liquidity. Merriman`s Capital Markets Advisory Group clients also benefit from access to unique capital solutions and the implementation of various capital markets initiatives.

American Sands Energy Corp. is an oil exploration and development company. American Sands utilizes a unique solvent-based extraction process that could enable it to extract significant oil reserves over time, from ore of inorganic insoluble material, such as sand, rock and clay. The Company`s extraction and recovery system separates oil and other hydrocarbons from sand, dirt and other substances without the use of water and without creating tailing ponds and other environmental hazards. The Company anticipates that its principal operations will include the mining of oil sands, the separation of oil products and the sale of oil and oil by-products.

"We are pleased to announce the addition of American Sands to our rapidly expanding portfolio of corporate advisory clients," said Jon Merriman, Chief Executive Officer of Merriman Capital, Inc. "Providing our clients with market insight, corporate brokerage services and strategic advisory for public markets and capital solutions are central components of Merriman`s advisory and corporate services platform. We look forward to working with the American Sands management team in our capacity as their Capital Markets Advisor."

About Merriman Capital, Inc.

Merriman Capital, Inc. is a corporate advisory-focused registered investment bank that provides equity and options execution services, market making, and differentiated research for high growth companies. The firm also provides capital formation, advisory, and M&A services. Merriman Capital, Inc. is a wholly owned subsidiary of Merriman Holdings, Inc. (MERR) and is the leading investment banking firm for unique high-growth companies. For more information, please go to http://www.merrimanco.com.

Merriman Capital, Inc. is a registered broker-dealer and member of The Financial Industry Regulatory Authority (FINRA) http://www.finra.org/ and the Securities Investor Protection Corporation (SIPC) http://www.sipc.org/.

About American Sands Corp.
American Sands Energy Corporation is a development stage Delaware Company with primary operations in Utah. The Company has acquired rights to oil sand ore covering approximately 1,800 acres of prime oil sand deposits in the Sunnyside area of Utah. The Company has an extraction and recovery system using a licensed proprietary solvent that separates oil and other hydrocarbons from sand, dirt and other substances without creating tailing ponds and other environmental hazards. For more information, visit www.americansandsenergy.com.
Note to Investors

This press release contains certain forward-looking statements based on our current expectations, forecasts and assumptions that involve risks and uncertainties. This release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity. Forward-looking statements in this release are based on information available to us as of the date hereof. Our actual results may differ materially from those stated or implied in such forward-looking statements, due to risks and uncertainties associated with our business, which include the risk factors disclosed in our Form 10-K-A filed on April 30, 2013 and the Form 10-Q filed on May 15, 2013. Forward-looking statements include statements regarding our expectations, beliefs, intentions or strategies regarding the future and can be identified by forward-looking words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," and "would" or similar words. We assume no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise. The Form 10-K-A filed on April 30, 2013 and the Form 10-Q filed on May 15, 2013, together with this press release and the financial information contained herein, are available on our website, www.merrimanco.com. Please click on "Investor Relations."

# # #

At Merriman:

Douglas Rogers
Managing Director
Merriman Capital, Inc.
(415) 248-5612

Will Febbo
Chief Operating Officer
Merriman Capital, Inc.
(415) 248-5603

Howard Bernstein
Chief Compliance Officer
Merriman Capital, Inc
(415) 262-1377

--------------------------------------------------------------------------------

This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.

Source: Merriman Holdings Inc. via Thomson Reuters ONE
HUG#1715407

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