American Acquisition Opportunity Inc. Closes Previously Announced Acquisition of Royalty Management Corporation

RMC is the next-generation royalty company targeting high value assets, cash flow and royalty streams by identifying undervalued assets while constructively supporting communities

The transaction positions RMC to capitalize on organic and inorganic growth opportunities within the electrification and energy transition industry, natural resources and intellectual properties investments

FISHERS, IN / ACCESSWIRE / November 1, 2023 / American Acquisition Opportunity Inc. (NASDAQ:AMAO) (the "Company") announced today that, effective October 31, 2023, it has closed its previously announced acquisition of Royalty Management Co ("RMC"), a royalty company building shareholder value to benefit both our shareholders and communities by acquiring and developing high value assets in a sustainable market environment. Concurrent with the business combination, the Company was renamed "Royalty Management Holding Corporation." The resulting company will continue to be based in Fishers, Indiana and will be led by a diverse board of innovators in mineral, agriculture, natural resources, intellectual property and energy transition sectors. Royalty Management Holding Corporation's application with Nasdaq is still pending and the Class A common stock and warrants are continuing to trade under "AMAO" and "AMAOW" respectively . Effective with the completion of the transaction, all outstanding units were automatically separated.

Mark Jensen, Chief Executive Officer of AMAO states, "Given the current market environment we are proud to announce that we have completed the acquisition of RMC and have done so without a complicated capital structure thereby positioning the company for future growth. When we initially took American Acquisition public we worked on a number of acquisitions that would have required very complicated structures from hedge funds that prefer to profit at the expense of our public investors versus alongside them. With RMC we didn't require external capital, no capital was paid out to the shareholders of RMC and RMC is positioned to be able to grow its business while keeping its need for capital and cost structure at a minimum. "

Leading Royalty Company Focused on Sustainable Outcomes for all Stakeholders

Founded in 2021, RMC is changing the way operators and investors view royalty streams. The world is changing, and the monetization of more diverse revenue streams is needed as well. RMC focuses on current and future cash flow and royalty streams through undervalued resources that fit today's infrastructure market while making investments in assets that fit tomorrow's electrification, mineral resources and infrastructure needs.