Monday, July 28, 2014
AMERILiTHIUM Corp Signs Letter of Intent to Acquire Energy Business With $6,000,000 in Annual Revenues and 24 Year Operating History
HENDERSON, Jul 28, 2014 (GLOBE NEWSWIRE via COMTEX) 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
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