| American International Ventures Reports
Favorable Court Ruling
LODI, N.J.
American International Ventures, Inc.
Myron A. Goldstein, Chairman
James K. Duff, CEO/President
Jack Wagenti, Investor Relations
Tel: 973-335-4400
Fax: 973-471-7327
www.aivnotc.com
American International Ventures Inc. (OTCBB:
AIVN) is pleased to announce that the Second Judicial District
Court of the State of Nevada for Washoe County, Nevada has ruled
in favor of the Company and entered an Order which finds that two
previous officers of the Company ("the Plaintiffs") have
no ownership interests or claims to possession of the Company's
Bruner property in Nye County, Nevada. In so ruling, the Court
expunged a lis pendens which had been filed against the Bruner
property by the Plaintiffs. The Court Order, which was entered on
November 24, 2004, made several findings favorable to the Company,
including but not limited to the following: "The Court finds
that the Bruner Property was sold directly by Miramar/Orcana to
AIVN, and that the Plaintiffs did not acquire an option or
interest in the Bruner Property....AIVN is the owner of the Bruner
Property, and entitled to possession of the Bruner Property free
from interference by the Plaintiffs....this Court further finds
that Plaintiffs did not establish that they have a fair chance of
success on the merits in (their) action." A complete copy of
the Court
Order may be found on the Company's website.
AIVN is an exploration stage company that is
focused on the acquisition, exploration and development of gold
projects. The Company's principal gold asset is the Bruner
property, which is located in Nye County Nevada in a region known
as the Walker Lane gold belt, 125 miles east-southeast of Reno,
Nevada. Several high-grade gold mines and prospects have been
developed in the Bruner district in auriferous quartz veins, and
past production at Bruner has been estimated at approximately
55,587 ounces of gold contained in 99,625 tons of ore at a
recovered grade of 0.562 oz gold/ton. The Company is currently
working to define drilling targets for high-grade gold
mineralization on vein structures at the Bruner property.
FORWARD-LOOKING STATEMENTS: This news release
contains certain forward-looking statements. All statements, other
than statements of historical fact, included herein, including
without limitation statements regarding potential mineralization,
resources and reserves, and development results, and the future
plans and objectives of American International Ventures while
forward-looking statements that involve various risks and
uncertainties. There can be no assurance that such statements will
prove to be accurate in actual results of future events could
differ materially from those anticipated in such statements.
Important factors that could cause actual results to differ
materially from American International Ventures expectations are
the down turn of the price of gold, inability to raise additional
funds and also, the inability to obtain attractive properties.
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