American Acquisition Opportunity’s merger target Royalty Management Corporation acquires rights to operate environmental services business

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Acquired business uses approved stockpiles for the storage of clean fill dirt generated by commercial and residential construction

Recurring revenue and cash flow generated from every truckload that crosses the scale over the lifetime of the property

FISHERS, IN /ACCESSWIRE/September 26, 2022/American Acquisition Opportunity Inc.’s (Nasdaq: AMAO) target company of the merger, Royalty Management Corporation (RMC), a cash flow-driven, sustainability-focused royalty development and investment company, announced today that it has acquired the rights to operate an environmental services business located in Noblesville, Indiana. The company will use the leased property for storage of clean fill material generated from residential and commercial construction. Revenue and cash flow generated from this activity will be through its newly created subsidiary, RMC Environmental Services LLC. RMC Environmental Services generates revenue for each load of clean fill that enters or is removed from the property. With continued development and construction in Noblesville, Indiana and the greater Hamilton County area, the need for disposal and removal of clean building fill materials is expected to continue to increase, providing income sustainability to this division of RMC while providing areas for future land. development and environmental stewardship.

Tom Sauve, Chairman and Chief Executive Officer of Royalty Management Corporation, said, “This new business opportunity goes to the heart of our business model, to generate sustainable revenue and cash flow from lines of business while ensuring protecting the environment and land for future use. . This line of business has substantial embedded demand and growth potential due to the strong construction growth taking place in the region, particularly with respect to increased volume of materials and increased power of price fixing. end up being less than 2x the current cash flow generated, with additional growth opportunities available to this business as the property is developed. environmental protections and procedures that we use throughout our business. »

RMC Environmental Services intends to expand the opportunity to generate additional cash flow while pursuing future expansion opportunities in this region and across the United States. The company is focused on finding suitable landfill storage and management areas that can be used for commercial and industrial purposes while preparing the land for future development areas.

Royalty Management Corporation continues to seek other similar investment and development opportunities in a variety of industries, with a particular focus on those that are emerging or in transition, as the company builds a diverse portfolio of royalty, rent and of revenue shares in a variety of industries.

About American Acquisition Opportunity Inc.

American Acquisition Opportunity Inc. is a special purpose acquisition company formed for the purpose of effecting a merger, stock purchase, or similar business combination with one or more businesses. While the Company is able to assess opportunities in many sectors, it intends to focus its research on land and resource holding companies. The Company’s units, common stock and warrants are listed on the Nasdaq Capital Market.

About the Royalty Management Company

Royalty Management Corporation is an innovative royalty company focused on creating shareholder value by acquiring, developing or investing in near-term income-generating assets that can provide the company with accretive cash flow from which to it can reinvest in new assets or increase cash flow from existing assets. controlled assets. The model involves acquiring and structuring cash flows around a variety of assets, typically in natural resources (including real estate), patents and intellectual property, which can lead to the monetization of these cash flows. cash while identifying other future transitory cash flows.

Special note regarding forward-looking statements

This press release contains statements that constitute “forward-looking statements,” including with respect to the IPO. No assurance can be given that the offer discussed above will be completed on the terms described, or at all. Forward-looking statements are subject to numerous conditions, many of which are beyond the Company’s control, including those which will be set forth in the “Risk Factors” section of the registration statement and proxy statement/prospectus. of the Company to be filed with the SECOND. Copies will be available on the SEC’s website, www.sec.gov. The Company assumes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Important information for investors and shareholders

This document concerns a proposed transaction between the Company and RMC. This document does not constitute an offer to sell or exchange, or the solicitation of an offer to buy or exchange, securities, and there will be no sale of securities in any jurisdiction in which such an offer, sale or trade would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. The Company intends to file a registration statement on Form S-4 with the SEC, which will include a document serving as the Company’s prospectus and proxy statement, referred to as the proxy statement/prospectus. A proxy/prospectus will be sent to all shareholders of the Company. The Company will also file other documents regarding the proposed transaction with the SEC. Before making any voting decision, investors and security holders of the Company are urged to read the registration statement, proxy statement/prospectus and all other relevant documents filed or to be filed with the SEC in connection with the proposed transaction as they become available. because they will contain important information about the proposed transaction.

Investors and security holders will be able to obtain free copies of the registration statement, proxy statement/prospectus and all other relevant documents filed or to be filed with the SEC by the Company through Web maintained by the SEC at www.sec. govt.

Participants in the solicitation

AMAO and RMC and their respective directors and officers may be considered participants in the solicitation of proxies from AMAO shareholders in connection with the proposed business combination. Information about the directors and officers of AMAO and their ownership of AMAO securities is set forth in AMAO’s filings with the SEC, including AMAO’s Annual Report on Form 10-K for the fiscal year ended December 31, 2021, which was filed with the SEC on March 25, 2022. To the extent WAMA’s holdings of securities have changed from the amounts printed in WAMA’s Annual Report, such changes have been or will be reflected in the change of ownership statements on Form 4 filed with the SEC. Additional information regarding the interests of these and other persons who may be considered participants in the proposed business combination may be obtained by reading the proxy statement/prospectus regarding the proposed business combination when it becomes available. . You can obtain free copies of these documents as described in the preceding paragraph.

This press release does not constitute an offer to sell or a solicitation of an offer to sell any securities in the United States. The Securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “United States Securities Act”) or any state securities law and may not be offered or sold in the United States or to US persons unless registered under United States securities law and applicable state securities laws or an exemption from such registration is available.

Contact person at RMC:
Investor Relations
E-mail: [email protected]

Contact AMO:
Kirk P. Taylor, CPA
President and Chief Financial Officer
(317) 855-9926

THE SOURCE: US Acquisition Opportunity Inc.

See the source version on accesswire.com:
https://www.accesswire.com/717370/American-Acquisition-Opportunitys-Merger-Target-Company-Royalty-Management-Corporation-Acquires-Rights-to-Operate-Environmental-Services-Business