AMERICAN INTERNATIONAL INDUSTRIES, INC.

(OTCBB: “AMIN”)

601 CIEN STREET, SUITE 235, KEMAH, TX 77565-3077

Tel: (281) 334-9479   Fax: (281) 334-9508

www.americanii.com       email: aiii@wt.net

 

 

 

FOR IMMEDIATE RELEASE                               

 

                                   

AMERICAN INTERNATIONAL INDUSTRIES, INC.

ANNOUNCES APPROVAL OF ALL PROPOSALS

AT ANNUAL MEETING OF SHAREHOLDERS

 

 

Kemah, Texas – June  20, 2003 American International Industries, Inc. (OTCBB: AMIN) today announced that at the annual meeting of shareholders held on June 19, 2003 all proposals in the Company’s Proxy Statement were approved by a majority vote of the stockholders.  For details, please see AMIN’s Schedule 14A Proxy Statement filed with the SEC May 9, 2003.

 

 

American International Industries, Inc. is a growing holding company.  The Company has holdings in Industry, Finance, Real Estate and Oil & Gas.  The vision of the Company is to develop holdings in various industries through acquisition of existing companies, applying the financial resources and management expertise to foster the growth and profitability of the acquired businesses.  The holding company serves as a financial and professional partner to the management of the subsidiaries.  The role of the holding company is to improve each subsidiary’s access to capital, achieve economics of scale by consolidating administrative functions, and utilize the financial and management expertise of corporate personnel across all units.  The Company is continuing to work with management of the subsidiary companies to improve revenues, operations and profitability.  Periodically as opportunities present themselves, we may sell or merge the subsidiaries in order to bring value to the holding company and our shareholders and to enable the Company to acquire larger companies.

 

 

Investor Relations: Rebekah Ruthstrom  Tel: 281-334-9479  email: aiii@wt.net