Effective January 23, 2013, American International Ventures Inc. has executed a lease agreement to conduct mining operations and other related activities at Section 20-00-00.00 of Plot Number 29Z-0-P-1at Ejido 18 de Marzo, in the City of Ensenda, Baja California, Mexico. The owner of the property is Jose Angel Nunez Cota. The principal provisions of the agreement include: term three years; rental payment - $300.00 per month; lease rights assignable by the registrant; improvements improvements made by the company are for the benefit of the owner; maintenance and repairs - the property must be maintained by the company to at least its current condition; and option to purchase - during the term, the company has the first option to negotiate and purchase the property.
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- American International Ventures Inc. Executes Lease Agreement to Conduct Mining Operations, Effective January 23, 2013