A.I.S. Resources Submits Application to TSX:V Tier 2 Along with NI 43-101 on Its Argentinian Lithium Properties

Vancouver, British Columbia – April 3, 2017 – A.I.S. Resources Limited (TSX – NEX: AIS.H, OTCQB: AISSF) (the “Company” or “AIS”) is pleased to announce it has submitted its application to the TSX for graduation to Tier 2 of the TSX Venture Exchange from the NEX.

The Company has filed with the TSX Venture Exchange an independent technical report prepared in accordance with National Instrument 43-101 entitled “43-101 Technical Report on the Laguna Guayatayoc and Laguna Vilama Lithium, Potassium, Boron Projects”. Once accepted by the TSX the report will be made available on Sedar www.sedar.com and on the Company’s website  www.aisresources.com.

Qualified Person
Phillip Thomas, BSc Geol, MBusM, MAIG, MCIM MAIMVA (CMV), a Qualified Person as defined under NI 43-101 regulations, has reviewed the technical information that forms the basis for portions of this news release, and has approved the disclosure herein. Mr. Thomas is not independent of the Company as he is an Officer and Director.

About A.I.S. Resources
A.I.S Resources Limited a TSX-V listed investment issuer, was established in 1967 and is managed by experienced, highly qualified professionals who have a long track record of success in lithium exploration, production and capital markets. Through their extensive business and scientific network, they identify and develop early stage projects worldwide that have strong potential for growth with the objective of providing significant returns for shareholders. The Company’s most recent activities have been the exploration of lithium properties in Northern Argentina.

On Behalf of the Board of Directors,
AIS Resources Ltd.
Marc Enright-Morin, President and CEO

Contact
A.I.S. Resources Limited
Marc Enright-Morin
President and CEO
T: 778-892-5455
E: memorin@aisresources.com
W: www.aisresources.com

ADVISORY: This press release contains forward-looking statements. More particularly, this press release contains statements concerning the anticipated use of the proceeds of the Private Placement. Although the Corporation believes that the expectations reflected in these forward-looking statements are reasonable, undue reliance should not be placed on them because the Corporation can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. The intended use of the proceeds of the Private Placement by the Corporation might change if the board of directors of the Corporation determines that it would be in the best interests of the Corporation to deploy the proceeds for some other purpose. The forward-looking statements contained in this press release are made as of the date hereof and the Corporation undertakes no obligations to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

A.I.S. Resources Limited Announces Extension To Argentine Property Acquisition Agreement

Vancouver, British Columbia – March 28, 2017 – A.I.S. Resources Limited (TSX – NEX: AIS.H, OTCQB: AISSF) (the “Company” or “AIS”) is pleased to announce it has signed a three month extension to its Argentine property acquisition agreement.

AIS may extend the agreement for a payment of US$50,000 per month with the first extension payment due May 4, 2017. The second extension payment is due June 4, 2017 and the final extension payment is due July 4, 2017. The extension period will expire on August 4, 2017. AIS may exercise its option to purchase 100% of the Argentine properties at any time up to August 4, 2017.

The additional time if required, will enable the Company to continue with its due diligence of the Guayatayoc, Guayatayoc III and Laguna Vilama concessions including conducting a CSAMT (Controlled Source Audio-frequency Magnetotelluric) survey and drilling Guayatayoc once targets are defined.

Qualified Person
Phillip Thomas, BSc Geol, MBusM, MAIG, MCIM MAIMVA (CMV), a Qualified Person as defined under NI 43-101 regulations, has reviewed the technical information that forms the basis for portions of this news release, and has approved the disclosure herein. Mr. Thomas is not independent of the Company as he is an Officer and Director.

About A.I.S. Resources
A.I.S Resources Limited a TSX-V listed investment issuer, was established in 1967 and is managed by experienced, highly qualified professionals who have a long track record of success in lithium exploration, production and capital markets. Through their extensive business and scientific network, they identify and develop early stage projects worldwide that have strong potential for growth with the objective of providing significant returns for shareholders. The Company’s most recent activities have been the exploration of lithium properties in Northern Argentina.

On Behalf of the Board of Directors,
AIS Resources Ltd.
Marc Enright-Morin, President and CEO

Contact
A.I.S. Resources Limited
Marc Enright-Morin
President and CEO
T: 778-892-5455
E: memorin@aisresources.com
W: www.aisresources.com

ADVISORY: This press release contains forward-looking statements. More particularly, this press release contains statements concerning the anticipated use of the proceeds of the Private Placement. Although the Corporation believes that the expectations reflected in these forward-looking statements are reasonable, undue reliance should not be placed on them because the Corporation can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. The intended use of the proceeds of the Private Placement by the Corporation might change if the board of directors of the Corporation determines that it would be in the best interests of the Corporation to deploy the proceeds for some other purpose. The forward-looking statements contained in this press release are made as of the date hereof and the Corporation undertakes no obligations to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

A.I.S. Resources Limited Announces Guayatayoc Sample Program Results

Vancouver, British Columbia – February 22, 2017 – A.I.S. Resources Limited (TSX – NEX: AIS.H, OTCQB:AISSF) (the “Company” or “AIS”) is pleased to announce that it has commenced the first phase of its surface sampling program to examine the boron-lithium relationship in the surface brines. The results of the pit sampling program at Guayatayoc Salar have been received from the National Measurement Institute in Sydney Australia. Professor Dr Ricardo N Alonso supervised the collection of samples.

The company has also been accepted for listing to the OTCQB effective January 18, 2017.

Highlights

  • The exploration sampling was completed along the eastern boundary of the Guayatayoc concessions in a rectangular pattern.
  • This analysis allows surface maps to be made showing isobars of lithium, boron and potassium, prior to CSAMT seismic and drilling programs.
  • Nine pits returned lithium values of greater than 120ppm (0.012%), five pits had Potassium values greater than 4000 ppm (0.4%) and 11 pits with Boron values of greater than 400 ppm.
  • Further trenching work will be done in the central and western areas of the tenements to fully define the surface expression of lithium, boron and potassium.

Introduction
Prof Dr Ricardo Alonso accompanied by local geologists and support staff visited the Guayatayoc Salar in December 2016 and conducted a sampling program digging 34 pits in a geometric pattern. The 34 samples were sent to the Australian Government National Measurement Institute (“NMI”) in Sydney, Australia.

Guayatayoc is a laguna that has a boron mining licence and is located approximately 3.5 hours from the city of Salta, 43 kilometres from highway 52 turn-off at Salinas Grandes salar.

The objective of the pit sampling was to create a geometric pattern of sampling to determine the relative relationships between lithium and boron, and lithium and potassium at the surface where brines had been observed. This is important when combined with the geophysical and drilling data to interpret the geohydrological data close to the surface. Most of the concentrated brine will be at much greater depths.

Location of the Sample Pits

A.I.S.-Resources-Limited-TSX-V--AIS-H-Guayatayoc-Sample-Program-Results-1

Sample bottles labelled and packed from Salta, Argentina

A.I.S.-Resources-Limited-TSX-V--AIS-H-Guayatayoc-Sample-Program-Results-4

AIS-Resources-Sampling-Pits-at-Guayatayoc-1

A.I.S.-Resources-Limited-TSX-V--AIS-H-Guayatayoc-Sample-Program-Results-3

Method
Two one litre bottles were rinsed out in brine from the sample pit and were immersed by hand to the middle depth of the pit, which ranged from 10cm to 2 metres. Most pits were one metre wide and two metres in depth with brine depth about 50 centimetres. The sample bottles were immersed approximately at half depth and filled and capped with no air in the bottle. Sampling took place within an hour of digging. The elevation was 3,410 metres.

Commentary
The key exploration objective was to take a large number of samples to the south of previous sampling, in a geometric pattern over a large area, and log the data so as to create surface maps showing isobars of boron, lithium, and potassium bearing in mind the lithium and boron relationship. Ulexite (a boron mineral) was observed on the surface at nearly all the pits.

Results

A.I.S.-Resources-Limited-TSX-V--AIS-H-Guayatayoc-Sample-Program-Results-2

Pits 3 to 9 showed higher lithium values and a lithium to boron ratio of 1:3.3-3.7. Pit 10 was not sampled. Pits 5, 6, PC, and 8 showed good flows of brine with higher lithium values. The pits also corresponded to the highest potassium and boron values. Pits 17, 18 and 22 to the south also showed high values of lithium. The brines are expected to be much more concentrated at depth and pit samples have shown that lithium, boron and potassium is disseminated across the property.

Updated Environmental Investigation Reports Lodged and Drilling Application Lodged
Our “Estudio De Impacto Ambiental Etapa De Exploracion” or “Effect On Environment During Investigation Stage Of Exploration” has been received by the Jujuy Mines Department and stamped as being received and lodged. These reports are effective for the next two years of exploration work in both Guayatayoc and Guayatayoc III. In addition, our application to carry out geophysical work and drilling has also been lodged and waiting for approval by the Mines Department of Jujuy.

Qualified Person
Phillip Thomas, BSc Geol, MBusM, MAIG, MCIM MAIMVA, CMV, a Qualified Person as defined under NI 43-101 regulations, has reviewed the technical information that forms the basis for portions of this news release, and has approved the disclosure herein. Mr. Thomas is not independent of the Company as he is an officer and a shareholder.

About A.I.S. Resources
A.I.S Resources Limited a TSX-V listed investment issuer, was established in 1967 and is managed by experienced, highly qualified professionals who have a long track record of success in lithium exploration and production and the capital markets. Through their extensive business and scientific network, they identify and develop early stage projects worldwide that have strong potential for growth with the objective of providing significant returns for shareholders.

On Behalf of the Board of Directors, Marc Enright-Morin, President

Contact
A.I.S. Resources Limited
Marc Enright-Morin
President and CEO
T: 778-892-5455
E: memorin@aisresources.com
W: www.aisresources.com

ADVISORY: This press release contains forward-looking statements. More particularly, this press release contains statements concerning the anticipated use of the proceeds of the Private Placement. Although the Corporation believes that the expectations reflected in these forward-looking statements are reasonable, undue reliance should not be placed on them because the Corporation can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. The intended use of the proceeds of the Private Placement by the Corporation might change if the board of directors of the Corporation determines that it would be in the best interests of the Corporation to deploy the proceeds for some other purpose. The forward-looking statements contained in this press release are made as of the date hereof and the Corporation undertakes no obligations to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

A.I.S. Resources Limited Samples 910 PPM Li at Guayatayoc and Vilama

Vancouver, British Columbia – February 1, 2017 – A.I.S. Resources Limited (TSX – NEX: AIS.H) (the “Company” or “AIS”) is pleased to announce that results of sampling programs at Guayatayoc Salar and Laguna Vilama have been received from the Australian Government National Measurement Institute (“NMI”).

Highlights

  • A total of 11 pit samples were taken, 2 in Guayatayoc and 9 in Laguna Vilama;
  • Guayatayoc sample 1618 (G9) returned 910ppm lithium (0.091% Li), with 27,300 mg/L potassium (2.73% K) and magnesium to Lithium ratio of 1.0:1;
  • Vilama sample 1626 (V18) returned 820ppm lithium (0.082% Li), 7 320ppm potassium (0.732% K) and a magnesium to lithium ratio of 7.9:1.
  • The first pit sampling program of 34 sample pits at Guayatayoc are complete and samples have been sent to NMI for Analysis.  Results are pending.

Location of the Sample Pits
The location of the pits are as follows:

Guayatayoc

Hole No South Latitude West Longitude
G6 S23 20.721 W65 51.169
G9 S23 21.167 W65 51.144
V11 S22 35.405 W66 54.715
V12 S22 35.396 W66 54.732
V13 S22 35.390 W66 54.741
V14 S22 35.383 W66 54.193
V15 S22 34.862 W66 54.197
V16 S22 34.818 W66 54.210
V18 S22 34.783 W66 54.185

Commentary
The company is extremely pleased with these exploration sampling results.  This is the first step to creating lithium and potassium isobars and the ground work to locate the sonic seismic and drill hole programs.

Samples collected at Guayatayoc and Vilama have lithium values in the range that would be considered exceptionally commercial along with very high relative potassium grades. Note that a NI 43-101 Report has not been issued and that readers should be cautioned that the inference of commerciality relates only to the grade and not to any resource estimates.  The magnesium to lithium ratio is very low at Guayatayoc which implies a lower usage of Slaked lime and Sodium Sulphate to remove the magnesium from the brine.

Phillip Thomas, COO said, “The results of our recent sampling campaign continue to meet and exceed expectations.  We look forward to our additional assays and the mapping of lithium, boron and potassium isobars in the coming weeks. ”

Method
Phil Thomas, COO and Exploration Director and Marc Enright-Morin, CEO accompanied by local geologists visited the Guayatayoc Salar and Laguna Vilama in November 2016 and conducted a sampling program taking a total of eleven samples of which two samples were duplicated making a total of nine sampling locations.

Nine one litre bottles were rinsed out in brine from the sample pits and were immersed by hand to the middle depth of the pit at an elevation of 3,410 metres in Guayatayoc and 4,451 metres in Laguna Vilama.  Samples were then prepared for shipping.

The samples were sent to the Australian National Measurement Institute (“NMI”) in Sydney, Australia which is one of the highest rated analysis institutions in the world. It is responsible for Australian measurement standards.

Samples 

A-I-S-Resources-Limited-Samples-910-PPM-Li-at-Guayatayoc-at-Vilama-2A-I-S-Resources-Limited-Samples-910-PPM-Li-at-Guayatayoc-at-Vilama-3

The above analysis is very encouraging with ph and sodium values in the ideal range.

Qualified Person
Phillip Thomas, BSc Geol, MBusM, MAIG, MCIM MAIMVA, CMV MCIM, a Qualified Person as defined under NI 43-101 regulations, has reviewed the technical information that forms the basis for portions of this news release, and has approved the disclosure herein. Mr. Thomas is not independent of the Company as he is an Officer and a shareholder.

About A.I.S. Resources
A.I.S Resources Limited a TSX-V listed investment issuer, was established in 1967 and is managed by experienced, highly qualified professionals who have a long track record of success in lithium exploration and production and the capital markets. Through their extensive business and scientific network, they identify and develop early stage projects worldwide that have strong potential for growth with the objective of providing significant returns for shareholders.

On Behalf of the Board of Directors, Marc Enright-Morin, President

Contact
A.I.S. Resources Limited
Marc Enright-Morin
President and CEO
T: 778-892-5455
E: memorin@aisresources.com
W: www.aisresources.com

ADVISORY: This press release contains forward-looking statements. More particularly, this press release contains statements concerning the anticipated use of the proceeds of the Private Placement. Although the Corporation believes that the expectations reflected in these forward-looking statements are reasonable, undue reliance should not be placed on them because the Corporation can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. The intended use of the proceeds of the Private Placement by the Corporation might change if the board of directors of the Corporation determines that it would be in the best interests of the Corporation to deploy the proceeds for some other purpose. The forward-looking statements contained in this press release are made as of the date hereof and the Corporation undertakes no obligations to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

A.I.S. Resources Limited Announces Initial Sampling at Guayatayoc

Vancouver, British Columbia – January 3, 2017 – A.I.S. Resources Limited (TSX – NEX: AIS.H) (the “Company” or “AIS”) is pleased to announce that the results of the initial sampling program at Guayatayoc Salar have been received from the University of Salta, Argentina. Professor Dr Ricardo N Alonso supervised the analysis.

HighlightsAIS Resources Guayatayoc Project

  • Sample Pit one returned a lithium value of 770ppm (0.077% Li) and a magnesium to lithium ratio of 0.72:1
  • Sample Pit two returned a lithium value of 250ppm (0.025%) and a magnesium to lithium ratio of 1.44:1
  • 11 pits have been dug in the past two weeks in Guayatayoc and sampled under the supervision of Dr Alonso. Another 13 will be completed in January 2017.
  • While the values above are not statistically significant they represent one of the lowest lithium to magnesium ratios in the lithium triangle. This means a lower cost of production.AIS Resources Guayatayoc Project

Location of the Sample Pits

  • Sample pit 1 (6) – S23° 20.721′ W65° 51.169′
  • Sample Pit 2 (7) – S23° 21.167′ W65° 51.144′

Method
Phil Thomas, COO and Exploration Director and Marc Enright-Morin, CEO accompanied by local geologists visited the Guayatayoc Salar in November 2016 and conducted a sampling program.ais-resources-guayotayoc-salar-lithium-project-map

Two one litre bottles were rinsed out in brine from the sample pit and were immersed by hand to the middle depth of the pit, which was about two metres by two metres wide and two metres in depth with brine depth about one metre. The sample bottles were immersed approximately 0.5 metre and filled and capped with no air in the bottle. The elevation was 3,410 metres.

The samples were given to Dr Alonso for analysis at the University of Salta and twin samples were sent to the Australian National Measurement Institute (“NMI”) in Sydney, Australia which is one of the highest rated analysis institutions in the world. It is responsible for Australian measurement standards. The results from University of Salta are outlined below. The results from NMI will be available in late January.

Sample Pit Two Analysis

Sample ID Na % Li % B % K % Ca % Mg % SO4=% Cl- % Density g/cm3 Residue % pH
G Sample 1 (6) (Lag. Guayatoyoc) 12.36 0.025 0.088 0.764 0.068 0.036 1.18 18.49 1.20 34.86 7.54
G Sample 2 (7) (Lag. Guayatoyoc) 12.54 0.077 0.310 1.99 0.032 0.056 3.53 18.45 1.22 39.17

 

7.10

Commentary
Lithium values are in the range that would be considered exceptionally commercial.

Magnesium to lithium ratios of 0.72:1 and 1.44:1are excellent. Most salars are in the range 4:1-13:1. The traditional fractional crystallization technique uses one tonne of sodium sulphate for every tonne of magnesium to remove the magnesium. At prices between $175-$250 per tonne of sodium sulphate Guayatoyoc’s lower magnesium to lithium ratios will minimize processing costs.

Sodium values are lower than expected as the most common values in the lithium triangle are much higher. This may be due to the type of salar being a laguna rather than an enhedric closed style salar found in other parts of Argentina. The high boron values are to be expected as ulexite mining has taken place over the past 5 years and a thick layer (6-20cm) of ulexite was sampled in many places on the tenement. There is a strong correlation between high lithium values and high boron values. Orris, G.J., 2011, Deposit model for closed-basin potash-bearing brines: U.S. Geological Survey Open-File Report 2011–1283,11 p.

Potassium and sulphate show excellent values for the production of Potassium Sulphate, a valuable fertilizer (also known as SOP or sulphate of potash).

Phillip Thomas, COO said, “These are phenomenal results. We look forward to completion of trenching and further sampling to produce statistically significant values, and assist in the location of core drilling targets in the sub-acquifers on our tenements.”

Qualified Person
Phillip Thomas, BSc Geol, MBusM, MAIG, MCIM MAIMVA, CMV MCIM, a Qualified Person as defined under NI 43-101 regulations, has reviewed the technical information that forms the basis for portions of this news release, and has approved the disclosure herein. Mr. Thomas is not independent of the Company as he is an Officer and a shareholder.

About A.I.S. Resources
A.I.S Resources Limited a TSX-V listed investment issuer, was established in 1967 and is managed by seasoned professionals who have a long track record of success in the capital markets. Through their extensive business network, they identify and develop early stage projects worldwide that have strong potential for growth with the objective of providing returns for shareholders.

On Behalf of the Board of Directors, Marc Enright-Morin, President

Contact
A.I.S. Resources Limited
Marc Enright-Morin
President and CEO
T: 778-892-5455
E: memorin@aisresources.com
W: www.aisresources.com

ADVISORY: This press release contains forward-looking statements. More particularly, this press release contains statements concerning the anticipated use of the proceeds of the Private Placement. Although the Corporation believes that the expectations reflected in these forward-looking statements are reasonable, undue reliance should not be placed on them because the Corporation can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. The intended use of the proceeds of the Private Placement by the Corporation might change if the board of directors of the Corporation determines that it would be in the best interests of the Corporation to deploy the proceeds for some other purpose. The forward-looking statements contained in this press release are made as of the date hereof and the Corporation undertakes no obligations to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

A.I.S. Resources Limited Announces Options Grant

Vancouver, British Columbia – November 8, 2016 – A.I.S. Resources Limited (TSX – NEX: AIS.H) (the “Company” or “AIS”) is pleased to announce that effective November 8, 2016 it has granted 200,000 stock options to certain directors, officers and consultants pursuant to the Company’s Stock Option Plan. The options have an exercise price of $0.30 per share and an expiry date of November 8, 2021.

About A.I.S. Resources
A.I.S Resources Limited a TSX-V listed investment issuer, was established in 1967 and is managed by seasoned professionals who have a long track record of success in the capital markets. Through their extensive business network, they identify and develop early stage projects worldwide that have strong potential for growth with the objective of providing returns for shareholders.

Contact
A.I.S. Resources Limited
Marc Enright-Morin
President and CEO
T: 778-892-5455
E: memorin@aisresources.com
W: www.aisresources.com

ADVISORY: This press release contains forward-looking statements. More particularly, this press release contains statements concerning the anticipated use of the proceeds of the Private Placement. Although the Corporation believes that the expectations reflected in these forward-looking statements are reasonable, undue reliance should not be placed on them because the Corporation can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. The intended use of the proceeds of the Private Placement by the Corporation might change if the board of directors of the Corporation determines that it would be in the best interests of the Corporation to deploy the proceeds for some other purpose. The forward-looking statements contained in this press release are made as of the date hereof and the Corporation undertakes no obligations to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

A.I.S. Resources Limited Announces $500,000 Private Placement

Vancouver, British Columbia – November 2, 2016 – A.I.S. Resources Limited (TSX – NEX: AIS.H) (the “Company” or “AIS”) is pleased to announce that it has completed the sale of 2,000,000 Units for gross proceeds of $500,000 pursuant to its previously announced non-brokered private placement (the “Private Placement”). Each Unit was issued at a price of $0.25 and is comprised of one common share (“Common Share”) of the Company and one half Common Share purchase warrant (“Warrant”), with each whole Warrant entitling the holder thereof to acquire one Common Share at a price of $0.40 for a period of one year from the date of closing of the placement provided that if the closing price of the common shares of the Company on any stock exchange or quotation system on which the common shares are then listed or quoted is equal to or greater than Cdn $0.50 for a period of fifteen (15) consecutive trading days, the Company will have the right to accelerate the expiry of the warrants by giving notice to the holders of the warrants that the warrants will expire at 4:30 p.m. (Vancouver time) on a date that is not less than ten (10) business days from the date notice is given. The Company incurred finders fees totaling $24,480 cash and 48,960 broker warrants exercisable on the same terms as the placement warrants.

The net proceeds of the Private Placement will be used for general working capital purposes and due diligence on the Company’s Argentinian lithium properties.

All securities issued under the private placement will be subject to a four month hold period from the closing date under applicable Canadian securities laws, in addition to such other restrictions as may apply under applicable securities laws of jurisdictions outside Canada. The private placement has received conditional acceptance from the TSX Venture Exchange.

About A.I.S. Resources
A.I.S Resources Limited a TSX-V listed investment issuer, was established in 1967 and is managed by seasoned professionals who have a long track record of success in the capital markets. Through their extensive business network, they identify and develop early stage projects worldwide that have strong potential for growth with the objective of providing returns for shareholders.

Contact
A.I.S. Resources Limited
Marc Enright-Morin
President and CEO
T: 778-892-5455
E: memorin@aisresources.com
W: www.aisresources.com

ADVISORY: This press release contains forward-looking statements. More particularly, this press release contains statements concerning the anticipated use of the proceeds of the Private Placement. Although the Corporation believes that the expectations reflected in these forward-looking statements are reasonable, undue reliance should not be placed on them because the Corporation can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. The intended use of the proceeds of the Private Placement by the Corporation might change if the board of directors of the Corporation determines that it would be in the best interests of the Corporation to deploy the proceeds for some other purpose. The forward-looking statements contained in this press release are made as of the date hereof and the Corporation undertakes no obligations to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

A.I.S. Resources Announces Option Payment, Start of Exploration Campaign, Adds Lithium to its Mining Licences and Appoints New Director

Vancouver, British Columbia – October 31, 2016 – A.I.S. Resources Limited (TSX – NEX: AIS.H) (the “Company” or “AIS”) is pleased to announce AIS has made the $150,000 option payment to the vendor in Argentina and appointed Philip Thomas to its board of directors. The Company has also added lithium minerals to its mining licences and commenced Phase 1 exploration on Guayatayoc.

The CEO of the company, Marc Enright-Morin said, “We are pleased to kick off our exploration campaign in such a short period of time post acquisition. The addition of Mr. Thomas to the board will strengthen our position moving forward. Having lithium mining licences under our belt will help fast track the project. These will be exciting months for the Company and its shareholders.”

The Jujuy mining court has accepted the addition of lithium and potassium minerals to the Company’s existing mining licences. This is a major milestone for the Company, enabling AIS to progress rapidly through all exploration stages.

The initial stages of exploration will consist of systematic sampling using pits, 4 to 5 metres deep, excavated on a 500 to 1000 meter grid, with subsequent selective infill pits at 100 to 250 metres spacing.

Deliverables from the above exploration will include:

  • Report and analysis of multiple brine samples.
  • Complete lithium and chemistry isoconcentration maps.
  • Drill locations.

Positive studies from the above will give us the necessary information required for a drill campaign with the goal of outlining a 43-101 Inferred and Indicated Resource of lithium.

Mr. Phillip Thomas, BSc (geology), MBusM, MAIG, MAIMVA, MCIM, CMV specializes in finance and capital raising; management of mining companies; planning and development. He was actively engaged in developing two major lithium projects in Argentina and has been active in three lithium projects in the last four years. Mr. Thomas has specialized in the exploration, development, financing and sales of lithium deposits within the public company structure. He has extensive knowledge of the lithium carbonate markets in Japan, Korea, China and Taiwan. From 2003 to 2008, he was chief executive officer of Admiralty Resources, worked on the Rincon salar project in Argentina and prepared the bankable feasibility study for the exploitation of the Salar del Rincon. He raised more than $6-million for this project and sold it in 2008. He and his team constructed a laboratory pilot plant and developed a process to evaporate the brines in half the usual time. Mr. Thomas holds a master of business marketing with high distinction from Monash University, a bachelor of science in geology and a diploma in finance. He is a member of the Australian Institute of Geoscientists and a certified mineral valuer with the Australasian Institute of Mineral Valuers and Appraisers.

About A.I.S. Resources
A.I.S Resources Limited a TSX-V listed investment issuer, was established in 1967 and is managed by seasoned professionals who have a long track record of success in the capital markets. Through their extensive business network, they identify and develop early stage projects worldwide that have strong potential for growth with the objective of providing returns for shareholders.

Contact
A.I.S. Resources Limited
Marc Enright-Morin
President and CEO
T: 778-892-5455
E: memorin@aisresources.com
W: www.aisresources.com

ADVISORY: This press release contains forward-looking statements. More particularly, this press release contains statements concerning the anticipated use of the proceeds of the Private Placement. Although the Corporation believes that the expectations reflected in these forward-looking statements are reasonable, undue reliance should not be placed on them because the Corporation can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. The intended use of the proceeds of the Private Placement by the Corporation might change if the board of directors of the Corporation determines that it would be in the best interests of the Corporation to deploy the proceeds for some other purpose. The forward-looking statements contained in this press release are made as of the date hereof and the Corporation undertakes no obligations to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

A.I.S. Resources Limited Announces Option Grant

Vancouver, British Columbia – October 7, 2016 – A.I.S. Resources Limited (TSX – NEX: AIS.H) (the “Company” or “AIS”) is pleased to announce that effective October 7, 2016 it has granted 400,000 stock options to certain directors, officers and consultants pursuant to the Company’s Stock Option Plan. The options have an exercise price of $0.25 per share and an expiry date of October 7, 2021.

About A.I.S. Resources
A.I.S Resources Limited a TSX-V listed investment issuer, was established in 1967 and is managed by seasoned professionals who have a long track record of success in the capital markets. Through their extensive business network, they identify and develop early stage projects worldwide that have strong potential for growth with the objective of providing returns for shareholders.

Contact
A.I.S. Resources Limited
Marc Enright-Morin
President and CEO
T: 778-892-5455
E: memorin@aisresources.com
W: www.aisresources.com

ADVISORY: This press release contains forward-looking statements. More particularly, this press release contains statements concerning the anticipated use of the proceeds of the Private Placement. Although the Corporation believes that the expectations reflected in these forward-looking statements are reasonable, undue reliance should not be placed on them because the Corporation can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. The intended use of the proceeds of the Private Placement by the Corporation might change if the board of directors of the Corporation determines that it would be in the best interests of the Corporation to deploy the proceeds for some other purpose. The forward-looking statements contained in this press release are made as of the date hereof and the Corporation undertakes no obligations to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

A.I.S. Resources Announces Addition of Geological and Engineering Team

Vancouver, British Columbia – October 6, 2016 – Marc Enright-Morin, CEO of A.I.S. Resources Limited (TSX – NEX: AIS.H) (the “Company” or “AIS”) is pleased to announce the engineering and geological team for the Company’s Argentinian projects.

The CEO of the Company, Marc Enright-Moring said, “We are pleased to be associated with such a world class team, who all have such extensive knowledge across all sectors of the lithium process; from discovery to production. We are now equipped with everything we need to fast track our projects.”

The team consists of:

Mr. Phillip Thomas BSc Geol MBusM MAIG MAIMVA MCIM CMV (Marketing, Capital Finance, Geology)
Phillip has degrees in Geology and Business Marketing and is a certified mineral valuer. He specialises in finance and capital raising, management of mining companies, planning, development and management of mining projects, having established a number of significant exploration projects in Mexico, USA, Chile, Argentina, Arizona and Australia. Previously he was actively engaged in developing two major lithium projects in Argentina with Dr. Sorentino. Phillip has specialised in the exploration, development, financing and sales of lithium deposits within the public company structure.

He has extensive knowledge of the lithium carbonate markets in Japan, Korea, China and Taiwan. From 2003 to 2008 he was CEO of Admiralty Resources, worked on the Rincon Salar project in Argentina, and prepared the bankable feasibility study for the exploitation of the Salar del Rincon. He raised more than $6m for this project and sold it in 2008. He and his team constructed a laboratory, pilot plant and developed a process to evaporate the brines in half the usual time. Phil has been active in three lithium projects in the last 4 years. Phillip holds a M Bus Marketing degree with high distinction from Monash University, a Bachelor of Science (Geology) degree and a Diploma in Finance. He is a member of the Australian Institute of Geoscientists and a certified Mineral Valuer with the Australasian Institute of Mineral Valuers and Appraisers.

Dr. Carlos Sorentino (Chief Chemical Engineer)
Dr. Sorentino has degrees in engineering and economics. He specialises in the valuation, planning, development and management of mining projects, having established a number of significant exploration projects in South America. He has completed a number of major lithium projects in Argentina . Dr. Sorentino has specialised in the exploration, metallurgy and development of the mineral resources of evaporitic deposits, particularly in the Andes Cordillera. From 1996 to 2001 he prepared the detailed engineering and a bankable feasibility study for the exploitation of the Salar del Rio Grande, and from 2004 to 2008 developed the basic and detail engineering and directed the establishment of a pilot plant for a Lithium project in the Salar of Rincon, both of them in Salta, Argentina. More recently, he formulated a detailed business plan for the exploitation of lithium in the Salar of Pozuelos.

Dr. Sorentino’s doctoral dissertation was in the field of mineral economics. He also holds a Masters of Environmental Studies degree, a Bachelor of Engineering (Chemistry) and a Diploma in Radioisotopes Technology. He is a Fellow and a Chartered Professional of the Australasian Institute of Mining and Metallurgy, a member of the Mineral Industry Consultants Association, a member of the American Chemical Society and a Director and Certified Mineral Valuer with the Australasian Institute of Mineral Valuers and Appraisers.

Dr. Sorentino holds directorships in a number of private corporations in Australia, Argentina and elsewhere. He is an honorary Associate in Macquarie University, Wollongong University, University of Jujuy (Argentina) and in the Kalgoorlie School of Mines.

Professor Dr. Ricardo Alonso (Geology)
A Doctor in Geological Sciences, researcher and university professor, Ricardo Alonso specializes in Geology of the Central Andes. He graduated as a Geologist from the National University of Salta (UNSA) in 1978. Since 1984 he has been a Professor of UNSA, teaching Systematic Mineralogy, Geology of Evaporites and History of Latin American Geology. He has been a Visiting Researcher at Cornell University, NY, Potsdam University, Germany and a guest professor at the International University Menendez Pelayo, Santander, Spain. Since 1984, Dr. Alonso has been a researcher of the National Science Council of Argentina (CONICET) and has been involved in international projects with the National Science Foundation (USA), National Geographic Society (USA), Cornell University (Program INSTOC-NASA), Nebraska University (USA), Natural Science Museum (Madrid, Spain), University of Barcelona (Spain), University of Potsdam (Germany) and Dokuz Eylull University (Izmir, Turkey), amongst others.

A prolific author, he has written numerous papers and over 50 books in his field, including “Diccionario Minero Hispanoamericano” published in Madrid in 1995 by the Spanish National Research Council.
Dr. Alonso is the recipient of several awards, including the Journalism Prize in History and Culture (ADEPA, Bs. As., 1999), the “Miner of the Year 2007” (Argentinean Mining Industry, Bs. As.) and the Argentinean Geological Association Prize 2010 (in the category of Ore Deposits).

Dr. Alonso is a Fellow of the Geological Society of America and of the Society of Economic Geologists. He was the Secretary of Mining and Energy for the Salta Government, (Argentina), 2005-2007 and is an Elected Member of Legislative Lower House of the Province of Salta (2009- 2013).

About A.I.S. Resources
A.I.S Resources Limited a TSX-V listed investment issuer, was established in 1967 and is managed by seasoned professionals who have a long track record of success in the capital markets. Through their extensive business network, they identify and develop early stage projects worldwide that have strong potential for growth with the objective of providing returns for shareholders.

Contact
A.I.S. Resources Limited
Marc Enright-Morin
President and CEO
T: 778-892-5455
E: memorin@aisresources.com
W: www.aisresources.com

ADVISORY: This press release contains forward-looking statements. More particularly, this press release contains statements concerning the anticipated use of the proceeds of the Private Placement. Although the Corporation believes that the expectations reflected in these forward-looking statements are reasonable, undue reliance should not be placed on them because the Corporation can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. The intended use of the proceeds of the Private Placement by the Corporation might change if the board of directors of the Corporation determines that it would be in the best interests of the Corporation to deploy the proceeds for some other purpose. The forward-looking statements contained in this press release are made as of the date hereof and the Corporation undertakes no obligations to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.