AusAmerican Mining Corporation (ASX:AIW) Joins OTCQX

Sydney, Jan 13, 2012 AEST (ABN Newswire) - Australian American Mining Corporation Limited (PINK:MNOMY) (ASX:AIW) has chosen to have its American Depositary Receipts (ADRs) traded on the highest tier of the OTC market, OTCQX, starting today.

Investors can find current financial disclosure and Real-Time Level 2 quotes for the Company on:

http://www.otcmarkets.com

"Investor-focused companies use the quality-controlled OTCQX platform to offer their investors transparent trading, superior information and easy access through the U.S. broker of their choice," stated R. Cromwell Coulson, President and Chief Executive Officer of OTC Markets Group. "We are pleased to welcome Australian American Mining to OTCQX."

JP Morgan will serve as Australian American Mining's Principal American Liaison ("PAL") on OTCQX, responsible for providing guidance on OTCQX requirements.

Contact

AusAmerican Mining Corporation Tel: +61-8-9325-5568