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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?

To: Buckey who wrote (107919)	7/31/2002 9:35:01 AM
From: Chuca Marsh	Read Replies (1) \| Respond to of 150070

AIVN:PK some HIGH #s and a POG increase may meam something in a future: merican International Ventures Acquires 500,000 Ounce Gold Resource RENO, Nev.--(BUSINESS WIRE)--July 31, 2002--American International Ventures Inc. (OTC: AIVN) announces the acquisition of a 500,000 ounce gold resource located in Nye County Nevada. American International Ventures, (AIVN), has recently completed a purchase agreement with Orcana Resources Inc. and Miramar Gold Corporation, wholly owned subsidiaries of Miramar Mining Corporation, for the Bruner Property located in the Walker Lane Mineral Belt of Nevada. The Bruner property is a volcanic hosted epithermal gold system containing a drill indicated geologic resource estimated at 18.6 million tons at an average grade of 0.028 opt gold. The purchase is the beginning of AIVN's new mandate to acquire properties that contain existing, drilled gold resources. Under the direction of the new management team, AIVN is being restructured to take advantage of what it believes is the beginnings of a paradigm shift in the gold market that will, in the near future, result in a steady, significant rise in the price of gold. AIVN's goal is to gain control of 8 million to 10 million ounces of gold in existing resources during the present depressed gold market. It is AIVN's belief that this will substantially mitigate the inherent risk in gold exploration and, allowing a strong rise in gold price, these resources may be developed into producing mines. AIVN's present strategy is to acquire gold resource properties and to vend them to gold producers as the gold price approaches the individual property's economic threshold. AIVN, to limit risk, has no intention of becoming a gold producer at this time. However, should a full fledged primary bull market in gold evolve, AIVN may decide to gain control over selected highly prospective exploration properties, where there is a high probability of identifying gold resources. AIVN's immediate plans are to confirm and analyze the Bruner resource at various gold prices and to continue it's aggressive acquisition program. 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 of funds and also, the inability to obtain attractive properties. CONTACT: American International Ventures, Inc. Barry Downs, 775/852-3875 or Samuel G. Nunnemaker, 775/883-5287 Phone: 973/335-4400 Fax: 973/471-7327 SOURCE: American International Ventures, Inc.

To: Buckey who wrote (107919)	7/31/2002 8:18:30 PM
From: Rocket Red	Respond to of 150070

OSC issues reasons for order against Mark Valentine TORONTO, July 31 /CNW/ - The Ontario Securities Commission has released reasons for its order dated July 8, 2002, issued against Mark Edward Valentine. Valentine was the Chairman and largest shareholder of Thomson Kernaghan & Co. Ltd. ("TK"). TK is now in bankruptcy. On June 17, 2002 the Commission issued a temporary order suspending Valentine's registration as a stockbroker, and requiring him to cease trading in securities for a period of 15 days. On July 2 and July 8, 2002, the Commission convened a hearing to consider whether the temporary order should be extended. At the conclusion of the hearing, the Commission issued an order extending the temporary order until at least January 31, 2003, to allow Staff to continue their investigation of Valentine's actions. In its reasons for decision, the Commission reviewed the evidence presented concerning Valentine's role as the Registered Representative for four private funds, namely the Canadian Advantage Limited Partnership, Advantage (Bermuda) Fund Ltd., VC Advantage Fund Limited Partnership and the VC Advantage (Bermuda) Fund Ltd. It also considered evidence concerning Valentine's role in the financing of JAWZ Inc. The Commission found that it was "satisfied that Staff has provided sufficient evidence of conduct that may be harmful to the public interest and, accordingly justifies an extension of the temporary order. There is little doubt that additional time is required to complete the investigation and, unless the temporary order is extended, there is a reasonable likelihood that Valentine's alleged objectionable conduct may continue. Such conduct would present a serious risk to the integrity of Ontario's capital markets as well as to the protection of the public interest". Copies of the reasons for decision are available on the Commission's website at www.osc.gov.on.ca or from the Commission's offices at 20 Queen Street West, Toronto.