AMERILiTHIUM Corp Signs Letter of Intent to Acquire Energy Business With $6,000,000 in Annual Revenues and 24 Year Operating ...
28 Julio 2014 - 7:30AM
AMERILiTHIUM Corp. (OTCBB:AMEL), (the "Company" or "AMERILiTHIUM")
(www.AMERILiTHIUM.com) is pleased to announce it has signed a
Letter of Intent to acquire Patten Energy, Inc. ("Patten") of Los
Angeles, CA. The Company's acquisition of Patten, which is subject
to definitive documentation, is part of the broader strategic
initiatives that the Company is currently undertaking. Patten
Energy is a successful, well established diversified energy company
with a rich history spanning 24 years. Patten's senior management,
headed by its founder Ezekiel Patten, MBA, has led the company to
over $6,000,000 in 2013 revenues.
Patten Energy is a diversified energy firm specializing in
the marketing of natural gas, propane and petroleum products to
utilities, fleets, industrial and commercial markets. In 2005,
Patten expanded to include services such as IT, environmental
remediation and hazardous waste. Their client list includes
businesses of various sizes, as well as segments of the federal,
state and local governments.
The Company will be maintaining their Lithium and other mining
assets in order to retain their value, and although there is no
immediate plans for divesting or investing in the mining assets,
they will be exploring strategic alternatives which are the most
beneficial to Shareholders.
ERNEST B. REMO, CEO OF AMERILITHIUM,
COMMENTED:
"This marks one of the first steps in the implementation of the
Company's new strategic initiatives. Over the coming weeks and
months the Company anticipates making additional progress in
implementing these new strategic initiatives and will advise
Shareholders regarding any new developments."
"We are very excited about the future of the company and invite
all Shareholders and all other interested parties to call or email
our Investor Relations team with any questions, comments or
concerns."
About AMERILiTHIUM:
AMERILiTHIUM is a publicly traded (OTCBB:AMEL) company moving
toward becoming a vertically integrated energy service company.
AMERILITHIUM is keen on making complementary acquisitions in the
same vertical and horizontal business segments.
Forward Looking Statements:
The information contained herein includes forward-looking
statements. These statements relate to future events or to our
future financial performance, and involve known and unknown risks,
uncertainties and other factors that may cause our actual results,
levels of activity, performance, or achievements to be materially
different from any future results, levels of activity, performance
or achievements expressed or implied by these forward-looking
statements. You should not place undue reliance on
forward-looking statements since they involve known and unknown
risks, uncertainties and other factors which are, in some cases,
beyond our control and which could, and likely will, materially
affect actual results, levels of activity, performance or
achievements. Any forward-looking statement reflects our
current views with respect to future events and is subject to these
and other risks, uncertainties and assumptions relating to our
operations, results of operations, growth strategy and
liquidity. We assume 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.
Facebook: www.facebook.com/AMERILiTHIUM
Twitter: www.twitter.com/AMERILiTHIUM
Web: www.AMERILiTHIUM.com
CONTACT: Investor & Media Relations Contact:
Ryan Troup, Circadian Group IR
Phone: (702) 583-7790
Toll Free: 1(888)982-6374
Email: Ryan@Circadian-Group.com
Patten Energy Solutions (CE) (USOTC:PTTN)
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De Oct 2024 a Nov 2024
Patten Energy Solutions (CE) (USOTC:PTTN)
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De Nov 2023 a Nov 2024