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AmeriResource and NevStar Gaming Announce Funding Commitment for Mesquite Star

12 September 2000

LAS VEGAS -- (Press Release) -- Sept. 12, 2000 -- Delmar A. Janovec, Chairman and CEO of AmeriResource Technologies, Inc. (ARET) and Dr. Michael J. Signorelli, Chairman & CEO of NevStar Gaming & Entertainment Corporation formally an NASDAQ traded stock (NVST) announced today that funding, in the form of a sale/leaseback transaction in an amount of $15 million, for the Mesquite Star Hotel and Casino has been secured through an investor arranged by LANDBASE International, Inc. of San Antonio, Texas (see Press Release Dated August 7, 2000)

Dr. Michael J. Signorelli further states: ``The investor being provided by LANDBASE International, Inc. will provide the funds necessary for the reorganization of NevStar and recommence operations of the Mesquite Star Hotel and Casino.

As part of the overall financing package we are working with the investor to provide for the 210 hotel room expansion, the renovation/expansion of the two existing restaurants, the addition of 6,000 square foot convention/exhibition area and various speciality retail space.'' This relationship with LANDBASE International, Inc. and their investor will allow for not only the reopening and expansion of the Mesquite Star Hotel and Casino as well as other opportunities that meet the specific goals of NevStar.

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