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AMERICAN INTERNATIONAL VENTURES, INC. (An Exploration Stage Company) CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)
Aug. 31, 2012
May 31, 2012
Current Assets    
Cash $ 32,543 $ 71,413
Total current assets 32,543 71,413
Fixed Assets    
Fixed assets - cost 573,769 568,397
Depreciation 26,062 4,241
Net fixed assets 547,707 564,156
Other Assets    
Advances on escrow 118,000 719,000
Mining claims 1,341,500 718,000
Total other assets 1,459,500 1,437,000
TOTAL ASSETS 2,039,750 2,072,569
Current Liabilities    
Accounts payable and accrued expenses 24,915 110,023
Current portion of note payable 10,603 10,603
Current portion of equipment lease 13,195  
Total current liabilities 48,713 120,626
Long Term Portion of Notes Payable 339,634 341,397
Long term portion of equipment lease 43,506  
Long - term liabilities 383,140 341,397
Total Liabilities 431,853 462,023
Stockholders' Equity    
Common stock - (400,00,000 shares authorized; 194,760,044 and 188,465,044 issued and outstanding, respectively 1,948 1,885
Additional paid in capital 4,673,272 1,839,535
Loss accumulated during exploration stage (3,067,323) (230,874)
Total stockholders' equity 1,607,897 1,610,546
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 2,039,750 $ 2,072,569