August 09, 2012
WINNEMUCCA, NV--(Marketwire - Aug 9, 2012) - American International Ventures, Inc. (OTCBB: AIVN) (OTCQB: AIVN) optioned the Bruner Mine to Patriot Gold on April 1, 2009, for eight annual payments totaling $315,000.00 and a balloon payment due AIVN in April 2016, in the amount of $1,185,000.00. In addition, AIVN retained a 1.5% NSR wherein, PGOL has the option to purchase 1% of the NSR for an additional $500,000.00.
Source URL: http://www.marketwire.com/mw/release.do?id=1689357&sourceType=3
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