AmeraMex International Enters Into Memorandum of Agreement With the Niger Republic's Ministry of Transportation
May 06 2014 - 9:45AM
AmeraMex International, Inc. (OTC:AMMX), a
provider of heavy equipment for logistics companies (stevedoring),
infrastructure construction, commercial farming and mining
companies, announced that it has entered into a Memorandum of
Agreement (MOA) with Niger's Ministry of Transportation to provide
trucks for the Vehicle Renewal of Public Transport Project.
AmeraMex was selected as it has significant experience in the heavy
equipment industry along with the technical and financial capacity
to discharge the project in accordance with the specifications,
terms and references defined by the Ministry of Transportation.
Under the terms of the MOA, three representatives from Niger's
Ministry of Transportation and two representatives from AmeraMex
international will meet in China to review the truck models and
specifications as outlined in AmeraMex's proposal to provide
'tropicalized' vehicles for both Nigerien carriers and trucks for
the Public Transport program. It is estimated that approximately
3,000 trucks will be shipped from a Chinese manufacturer over a
three-year period. With a successful due diligence, the next
logical step will be a written agreement between Niger's Ministry
of Transportation and AmeraMex International.
An MOA is a formal business document used to outline an
agreement made between two separate entities. Its purpose is to
provide a written understanding of the agreement between the
parties. A MOA usually precedes a more detailed contract or
agreement, after a process of negotiations and due diligence.
About AmeraMex International
AmeraMex International sells, leases and rents heavy equipment
to companies within four industries: construction (light and
infrastructure), shipping logistics, mining and commercial farming.
AmeraMex, with customers in the Americas, Africa, Asia and Eastern
Europe, has over 30 years of experience in heavy equipment sales
and service and inventories top-of-the-line equipment from
manufacturers such as Taylor Machine Works Inc. and Terex Heavy
Equipment. For more information visit the AmeraMex website,
www.AMMX.net.
Safe Harbor Statement
This press release contains forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended (the "Exchange Act"), and as such, may involve risks and
uncertainties. Forward-looking statements, which are based on
certain assumptions and describe future plans, strategies, and
expectations, are generally identifiable by the use of words such
as "believe," "expect," "intend," "anticipate," "estimate,"
"project," or similar expressions. These forward-looking statements
relate to, among other things, expectations of the business
environment in which the Company operates, projections of future
performance, potential future performance, perceived opportunities
in the market, and statements regarding the Company's mission and
vision. The Company's actual results, performance, and achievements
may differ materially from the results, performance, and
achievements expressed or implied in such forward-looking
statements.
CONTACT: Investor and Media Relations
McCloud Communications, LLC
Marty Tullio, Managing Member
Office: 949.632.1900
Marty@McCloudCommunications.com
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