American Wealth Mining Corp. Signs Agreement to Acquire 10% Stake in Electric Construction Vehicle Distributor and Service Provider
AMERICAN PRM WATER CRP (HIPH)
NASDAQ:AMEX Investor Relations:
investorshub.advfn.com/american-premium-water-corp-hiph-12049
Company Research
Source: GlobeNewswire
PLAYA VISTA, CA, Sept. 09, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – American Wealth Mining Corporation (OTC:HIPH) ("AWM" or the "Company”) is pleased to announce that it has entered into a term sheet with Lik Fong HK Limited (“LFHK”) for the proposed purchase of ten percent (10%) ownership in New Energy Asia Pacific Company Limited (“New Energy”), a Hong Kong corporation, that provides various types of electric construction vehicles. New Energy focuses on making construction more sustainable by selling all-electric versions of traditional construction vehicles. New Energy currently distributes two electric industrial vehicles brands - eTech, which manufactures electric wheel loaders and excavators, and Foton, which manufactures electric mixers and dump trucks. Hybrid electric machines and all-electric models of excavators, loaders, dump trucks and other heavy machinery have been available in the market for years. In the coming years, New Energy expects electric heavy machinery
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