AMERICAN INTERNATIONAL INDUSTRIES, INC. (OTCMKTS:AMIN) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02
On June 6, 2017, Thomas Craft, Jr. resigned as a member of the Board of Directors of American International Industries, Inc. (“AIII” or the “Company”). Mr. Craft’s decision to resign was not due to any dispute or disagreement with the Company on any matter relating to the Company’s operations, policies or practices.
About AMERICAN INTERNATIONAL INDUSTRIES, INC. (OTCMKTS:AMIN)
American International Industries, Inc. is a holding company of subsidiaries with interests in real estate, intellectual property, and the acquisition of petroleum resources in the United States, coupled with international exploration. The Company’s segments include American International Holdings Corp. (AMIH), American International Texas Properties, Inc. (AITP), Brenham Oil & Gas Corp. (BOG) and Corporate. AITP is a real estate subsidiary, with real estate holdings in Harris, Galveston, and Waller Counties in Texas. BOG owns oil and gas properties. Through BOG, the Company is engaged in negotiations with financial institutions for the purpose of financing acquisitions of existing oil and gas properties and reserves. BOG is an oil and gas company engaged in the acquisition of petroleum resources: Pierce Junction, approximately 90 acres, Houston, Texas; Gillock Field, over 437 acres, Dickinson, Texas, and Inez Prospect, approximately 330 acres, Victoria, Texas.