TORONTO, ONTARIO — (Marketwire) — 06/24/12 — The Concerned Shareholders ("New Board") of AOS are pleased to announce that an agreement in principle ("Farm-in Agreement") has been reached with a large, private US based E & P company ("Company") whereby the Company would be prepared to farm into AOS-s 51 exploration permits at Algar Lake, after the election of the New Board.The Company would have the option to earn up to 80% of AOS-s working interests in the