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Microcap & Penny Stocks : ARET Infostore
ARET 0.000300+200.0%Mar 7 3:00 PM EST

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To: Mr. Jens Tingleff who wrote ()6/26/2000 6:36:00 AM
From: James E Lynch   of 202
 
(COMTEX) B: AmeriResource Technologies, Inc. and Jay, Dello &
Associa
B: AmeriResource Technologies, Inc. and Jay, Dello & Associates, Ltd.,
Mutually
Terminate Their Agreement.

DES PLAINES, Ill., Jun 22, 2000 (BUSINESS WIRE) -- Delmar A. Janovec,
Chairman
and CEO of AmeriResource Technologies, Inc. (ARET) stated today that the

previously announced agreement with Jay, Dello & Associates, Ltd. to
provide
financing for the acquisition of Mesquite Star Hotel and Casino has been

mutually terminated and the Company is pursuing other sources who have
expressed
interest in providing the financing.

Statements in this press release, include forward-looking statements
that
include risk and uncertainties. The forward-looking statements in this
press
release are made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. Actual results may differ
materially
due to a variety of factors, products and/or services and other risks
detailed
from time to time in the Company s ability to produce and market certain

products and/or services and other risks detailed from time to time in
the
Company s reports filed with the Securities and Exchange Commission.


CONTACT: AmeriResource Technologies, Inc.
Delmar A. Janovec, 847/221-2804
aretemail@yahoo.com
Fax: 847/221-2807

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