American International Industries, Inc. (AMIN) Utilizes Management Expertise to Acquire Timber and Agricultural Concessions in Cameroon
American International Industries, Inc., a growing investment organization that takes an active role in the companies it invests in to foster growth and profitability through its financial resources and its management expertise, today announced an agreement to acquire timber and agricultural concessions in the West African nation of Cameroon in consideration for the issuance of stock by a newly-organized entity of American International, Africa Ag Corporation ("AAC"). The parties are preparing a definitive Sales and Purchase Agreement for execution and closing, expected to occur during the 4th quarter of 2011. "This acquisition represents American’s strategic move to utilize its executive…