AIM Exploration Receives Letter of Intent From Prina Energy to Purchase 500,000 Metric Tons of Coal From AIM’s Coal Mine Located in Peru

HENDERSON, NV / ACCESSWIRE / August 18, 2015 / AIM Exploration, Inc. (“AIM” or the “Company”) (OTCQB:AEXE) is pleased to announce that it has received a Letter of Intent from Prina​ Energy Private Limited, complete with a bank capability letter, to purchase 500,000 Metric Tons of AIM’s anthracite coal annually. The Letter of Intent is for a five year period and the product will be delivered to the port of Salaverry in Peru.

Prina Energy is a substantial
coal trader with mines that they own or finance in Indonesia, Canada,
South Africa and Colombia. They act as both a producer and buyer and
supply coal to markets and consumers all across India. “This represents a
significant turning point in terms of revenue and profitability for our
company,” stated Robert Todhunter,
CEO of Aim Exploration, Inc., “This gives our company a strong buyer for
our coal and can be used to develop and build a tremendous mining and
logistics operation in Peru.”

Under the current LOI, Prina Energy would take delivery of the coal at the port located in Salaverry,
Peru. AIM will deliver 35,000 Metric Tons of coal per month from their
three mining concessions located in Lima, Peru. This coal would then be
exported by the buyer to India. The sales price is expected to be
robust, and management believes the coal sales discussed in the LOI will help establish the long term viability and stability of the mining and logistical operations in Peru.

About AIM Exploration, Inc.

AIM Exploration Inc. (OTCQB: AEXE)
operates as a junior mining company focused on global mining,
exploration and production. Further Information on our projects can be
found at www.aimexploration.com and followed at
https://twitter.com/aimexploration AIM Exploration Inc. (OTC: AEXE)
is a Nevada headquartered company with an operational office in Manila
City, Philippines and Lima Peru. AIM operates as a junior mining company
focusing on global mining, exploration and production. The company
currently has two existing projects, a 40% interest in a Feldspar mine
and production plant located in the Philippines and 100% ownership of an
Anthracite coal project located in Peru. The Feldspar mine is currently
producing and is currently undergoing upgrades for expanded production.
The operation is controlled by Paladino
Mining and Development Corp. The Anthracite Coal project, AIM owns and
controls through its wholly owned subsidiary Aim Exploration SA. It is
considered to be high grade Anthracite Coal mining properties in the
Alto Chicama basin, in the province of Otuzco in Peru.

Forward-Looking Statements

Certain information set forth in this press release contains
“forward-looking statements” and “forward-looking information” under
applicable securities laws. Except for statements of historical fact,
certain information contained herein constitutes forward-looking
statements, which include management’s assessment of future plans and
operations and are based on current internal expectations, estimates,
projections, assumptions and beliefs, which may prove to be incorrect.
Some of the forward-looking statements may be identified by words such
as “estimates”, “expects” “anticipates”, “believes”, “projects”,
“plans”, “targets” and similar expressions. These statements are not
guarantees of future performance and undue reliance should not be placed
on them. Such forward-looking statements necessarily involve known and
unknown risks and uncertainties, which may cause AIM’s
actual performance and financial results in future periods to differ
materially from any projections of future performance or results
expressed or implied by such forward-looking statements.

AIM Exploration Inc.
J.R. (Bob) Todhunter, Director, President & CEO

www.aimexploration.com
info@aimexploration.com
https://twitter.com/aimexploration

Bus: 1 (844) 246-7378

SOURCE: AIM Exploration Inc.

ReleaseID: 431396