North American Cannabis Holdings Inc (USMJ)

[RMANN51684]

http://www.prweb.com/releases/2013/4/prweb10583194.htm

Dallas, Texas (PRWEB) April 01, 2013

Algae International Group, Inc. ("AIGI") http://www.algaeplanet.com today announced the execution of several corporate actions in conjunction with the previously announced Merger Agreement with Savanna East Africa Inc. (OTC: NVAE). Under the terms of the Merger Agreement AIGI stock will be exchanged for NVAE stock and NVAE name will be changed to Algae International Group, Inc. The Corporate name change and a corresponding ticker symbol change request are anticipated to be reflected within the OTC Markets quotation system within thirty days.
The intent of the AIGI merger with NVAE is to support AIGI’s plans to pursue the nascent BioFuel market anticipated to reach $60 billion within the next ten years according to the Advanced BioFuel Market Report of 2012.