CORRECTION: AmeraMex International Inks $300,000 in Equipment Orders
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CORRECTION: AmeraMex International Inks $300,000 in Equipment Orders

Tuesday, December 22, 2020 12:05 PM
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Correction to Stock Symbol in December 22, 2020 News Release - New Symbol AMMXD

CHICO, CA / ACCESSWIRE / December 22, 2020 / AmeraMex International, Inc. (OTCQB:AMMXD), a provider of heavy equipment for logistics companies, infrastructure construction and forestry conservation, announced that it has received equipment orders totaling $300,000.

The first order is for a Terberg Yard Tractor shipping to a port on the West Coast. Terberg yard tractors are widely used by major port operators worldwide. The second order is for an ASV RT-40 shipping to a concrete company in Northern California.

AmeraMex CEO Lee Hamre commented, "Including today's sale of $300, 000, sales for the year total $14.1+million. While this has been an extremely difficult year and well below our internal sales projections, we have surpassed sales and revenue reported for 2019. Over the past three completed years (2017, 2018, 2019), our compounded annual revenue growth rate (CAGR) was 15.05 percent."

About AmeraMex International

AmeraMex International sells, leases, and rents heavy equipment to companies within multiple industries including construction, logistics, mining, and lumber. AmeraMex, with a US and international customer base, has over 30 years of experience in heavy equipment sales and service. Follow AmeraMex on Twitter @ammx_intl and visit the AmeraMex website, www.AMMX.net or www.hamreequipment.com for additional corporate information, online heavy equipment inventory/ pricing and videos.

Forward-Looking Statements

This press release contains forward-looking statements. All statements other than statements of historical facts included in this press release are forward-looking statements. In some cases, forward-looking statements can be identified by words such as "believe," "expect," "anticipate," "plan," "potential," "continue" or similar expressions. Such forward-looking statements include risks and uncertainties, and there are important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Investors are encouraged to review the Company's filings with the Securities and Exchange Commission. Investors should not place any undue reliance on forward-looking statements since they involve known and unknown, uncertainties and other factors which are, in some cases, beyond the Company's control which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects the Company's current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to operations, results of operations, growth strategy and liquidity. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

Investor and Media Relations
McCloud Communications, LLC
Marty Tullio, Managing Member
Office: 949.632.1900 or [email protected]

SOURCE: AmeraMex International, Inc.

AmeraMex International, Inc.
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