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Microcap & Penny Stocks : ARET Infostore
ARET 0.0001000-66.7%Nov 5 1:03 PM EST

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To: Mr. Jens Tingleff who wrote ()8/5/1998 2:51:00 AM
From: Mr. Jens Tingleff   of 202
 
Tuesday August 4, 11:28 am Eastern Time

Company Press Release

ARET Announces CEO Delmar Janovec Will Host a Conference the 3rd and 4th of August in Ada, Okla., Between the Dakota Plains First Nation and the Chickasaw Nation of Oklahoma

LENEXA, Kan.--(BUSINESS WIRE)--Aug. 4, 1998--AmeriResource Technologies Inc. (OTC BB:ARET) announced Tuesday that its CEO Delmar Janovec will host, in conjunction with the Chickasaw Nation, a conference the 3rd and 4th of August in Ada, Okla., between the Dakota Plains First Nation of Manitoba, Canada and the Chickasaw Nation of Oklahoma.

The two tribal organizations will discuss ways to interact utilizing the I-35 Corridor as well as housing initiatives, constitutional issues and other economic developments. The I-35 Corridor Coalition was established in 1996 by a NAFTA Initiative to promote commerce and cultural exchange between Winnipeg, Canada and Monterrey, Mexico by way of Interstate Highway 35. The Initiative allows for the establishment of duty free trade zones along the I-35 Corridor.

Delmar Janovec CEO stated: ''This is a great opportunity for two significant North American Tribal Councils to meet and discuss the potential of interacting via the I-35 Corridor Initiative. We have been working with both organizations for over a year and I felt it was time to put our synergy together to enhance each groups economic conditions.''

AmeriResource Technologies Inc. is a holding company that through its subsidiaries, is a full service, mortgage, consulting and design/construction firm based in Lenexa specializing in construction management services and economic development both within and outside the Native American Community.

This release may contain forward looking statements that involve risks and uncertainties, including without limitations, continued acceptance of the company's products and services, increased levels of competition, new products and technological changes. The company's dependency on financing third party suppliers and intellectual property rights, and other risks detailed from time to time in the company's federal filings, annual reports, offering memorandums, or prospectus.

Contact:

Barry Denslow or Dick White
Telephone 913/859-9292
Fax 913/859-9520
or
Robert Solarchik
Telephone 800/913-9767
Fax 954/346-5796
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