Inter-American Resources (IAMR)- Minerals and More

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Gold/Mining/Energy
Inter-American Resources (IAMR)- Minerals and More

An SI Board Since October 2001

Posts	SubjectMarks	Bans
11	1	0

Emcee: mtnres	Type: Unmoderated

Introduction Compact

Inter-American Resources Completes Acquisition of 100% of Sovereign Resources, Inc.
October 18, 2001 9:17am
Source: Business Wire

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

This press release contains forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995 (the "Act"). In particular, when used in the proceeding discussion, the words "plan", "confident that", "believe", "expect", or "intend to" and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, the availability of components for, and delays in the start of production, general acceptance of the company's products and technologies, competitive factors, the ability to successfully complete additional financing and other risks described in the company's SEC reports and filing.

CONTACT: InterAmerican Resources, Inc., Miami
Allan Smith, 305/438-0020
email: interamericanresources@yahoo.com

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Reply	Message Preview	From	Recs	Posted
11	With gold at 27month highs, I would think IAMR would be a nice gold play.	Joe Copia	-	5/23/2002
10	November 09, 2001 10:02 InterAmerican Resources, Inc. Announces Significant Lan	Evan	-	11/9/2001
9	To all: The other thread sucks,,,this one rules. One hand is better than none,	luey_bitter	-	10/28/2001
8	<b>For discussion, visit the active SI "IAMR" board.............	jmhollen	-	10/28/2001
7	Must be a Shaolin kinda "..thang..", i.e.: <i>"...the soun	jmhollen	-	10/28/2001
6	I like this one better,,,thanks.	luey_bitter	-	10/27/2001
5	Not as of yet. I have an email in to them but am as of yet, still waiting for a	mtnres	-	10/26/2001
4	Any leaks on the drilling program at its porphyry copper-molybdenum project.	Evan	-	10/26/2001
3	Thanks for the update. I did a search on SI but nothing came up. Glad to see a	mtnres	-	10/25/2001
2	<b>There is already an active IAMR board - please join us........ Subject	jmhollen	-	10/25/2001
1	InterAmerican Resources, Inc. Announces Exploration Drilling Permits Received M	mtnres	-	10/25/2001

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