IAMR - InterAmerican Resources, Inc. Message Board

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Non-Tech : IAMR - InterAmerican Resources, Inc.

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To: jmhollen who started this subject	10/18/2001 8:20:58 PM
From: jmhollen	of 208

Inter-American Resources Completes Acquisition of 100% of Sovereign Resources, Inc. MIAMI, Oct 18, 2001 (BUSINESS WIRE) -- Inter-American Resources, Inc. ("Inter-American") (OTC:IAMR) today consummated a merger with Sovereign Resources, Inc. ("Sovereign"), a private Florida corporation which is involved in the acquisition, exploration and development of world-class mineral deposits. Subsequent news releases will provide additional information on Sovereign's mineral assets and exploration programs. Sovereign was merged with and into Inter-American, resulting in Sovereign becoming a newly-formed, wholly-owned subsidiary of Inter-American. The shareholders of Sovereign exchanged their shares of Sovereign for common shares of Inter-American; in aggregate, Sovereign's shareholders now hold approximately 80% of the issued and outstanding capital stock of Inter-American. ON BEHALF OF THE BOARD Allan Smith President CONTACT: InterAmerican Resources, Inc., Miami Allan Smith, 305/438-0020 email: interamericanresources@yahoo.com

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