AIM Exploration Inc. announced that the formation of its joint venture corporation with Prina Energy has been completed. This represents a major milestone for AEXE. The Joint Venture is known as AIM Exploration Dubai and is registered in Dubai. The company will be doing the world marketing for all of AIM's anthracite coal and the DMCC provides an ideal setting for AIM Exploration Dubai's future potential not only for marketing but also for financing. The company has many strong relationships with the potential customers in India. This positions AIM to be well received for long term contracts for AIM's high grade anthracite coal. The company will be concentrating on the marketing of anthracite coal in India. The India steel market is currently number 3 in the world only behind China and Japan. The India market expected growth is anticipated to be extremely strong for many years ahead. The company announced that it already has commenced discussions for financing, and it has commenced negotiations with an individual who is extremely well connected within the streel industry in India to head up the entire India Marketing Program.