American Metals Recovery & Recycling Inc. Signs Definitive Agreement to Acquire ATM Recycling Inc.

FORT MEYERS, FL / ACCESSWIRE / March 24, 2016 / American Metals Recovery & Recycling Inc., (OTC: AMRR) today announced it has completed the negotiations and has acquired ATM Recycling Inc., a premier metals recycler in Brevard County, Florida. “I am pleased to make this announcement,” states Gordon Muir CEO of American Metals, “ATM Inc. is one of the premier metals recycling companies in Brevard County with 2015 revenues of $6,195,000.”

About ATM Inc.: ATM Inc., currently specializes in ferrous, non-ferrous materials and has the potential to handle additional commodities such as paper, cardboard and plastic. With three locations, ATM has been family owned and operated for more than 15 years in the business community. ATM has a seasoned management team, which provides the potential to have significant growth over the next few years as the metals markets and commodity prices rebound.

About American Metals Recovery & Recycling: We are a dedicated team of professionals in the metals recycling industry. Our goal is to provide new innovations to a fragmented industry, translating to revenue growth and enhanced shareholders’ value. Our acquisition strategy is to acquire recycling companies and optimize their productivity. Our goal at American Metals Recovery & Recycling is to do our part for planet Earth and to be the best recycler in the State of Florida.

The Private Securities Litigation Reform Act of 1995 (the Act) provides a safe harbor for forward-looking statements made by or on behalf of the Company. Statements in this news release, which relate to other than strictly historical facts, such as statements about the Company’s plans and strategies, expectations for future financial performance, new and existing products and technologies, anticipated clinical and regulatory pathways, and markets for the Company’s products are forward-looking statements within the meaning of the Act. The words “believe,” “expect,” “anticipate,” “estimate,” “project,” and similar expressions identify forward-looking statements that speak only as of the date hereof. Investors are cautioned that such statements involve risks and uncertainties that could cause actual results to differ materially from historical or anticipated results due to many factors including, but not limited to, the Company’s continuing operating losses, uncertainty of market acceptance of its products, reliance on third party manufacturers, accumulated deficit, future capital needs, uncertainty of capital funding, dependence on limited product line and distribution channels, competition, limited marketing and manufacturing experience, risks of development of new products, regulatory risks and other risks detailed in the Company’s most recent Annual Report on Form 10-K and other Securities and Exchange Commission filings. The Company undertakes no obligation to publicly update or revise any forward-looking statements.

Contact:

American Metals Recovery & Recycling
www.ammrr.com
Gordon Muir CEO
gmuir@ammrr.com

SOURCE:American Metals Recovery & Recycling Inc.

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