Posts

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.

A.I.S. Resources Acquires Two Argentine Lithium Projects and Announces $500,000 Financing

Vancouver, British Columbia – October 4, 2016 – Marc Enright-Morin, CEO of A.I.S. Resources Limited (TSX – NEX: AIS.H) (the “Company” or “AIS”) is pleased to announce AIS has entered into an Option Agreement to purchase two lithium projects in Argentina and is pleased to announce a concurrent $500,000 financing.

AIS has entered into a binding agreement to acquire 100% of two lithium projects in Jujuy province, Argentina, subject to TSX Venture Exchange approval. The projects are strategically located within the Lithium Triangle of South America.

Guayatayoc and Guayatayoc III are located in Jujuy Province along highway 11, 5 kilometres from the town of Abralaite in the Puna plateau. The property covers approximately 5,000 hectares of the Guayatayoc Salar which hosts favourable geology for lithium and boron, located adjacent to the El Aguillar mountain range, the source of lithium and boron. Previous exploration on the property has returned values between 200 ppm and 800 ppm of lithium. The magnesium to lithium ratios are less than 4 to 1, excellent for low cost processing. Ulexite is seen in outcroppings and in layers only 30 centimetres below the surface. There is a natural gas terminal located in San Antonio de Los Cobres approximately 120km away. The area is being actively mined for borates.

A PhD study published in 2013 by Steinmetz identifies the locations of aquifers and provides a detailed analysis of the lithology of the basin. During the course of the study the entirety of the basin was covered with 2D Seismic.

ais-resources-guayotayoc-salar-lithium-project

Laguna Vilama is located in Jujuy Province, in northwestern Argentina along the Bolivian and Chilean borders. The property is comprised of 2,500 contiguous hectares covering the middle of the basin. Early mapping has identified a favourable environment for the presence of brines.

The Jujuy province of Argentina is a well-known, favourable mining jurisdiction. Orocobre’s new development at the Olaroz salar, hosts a JORC/NI43-101 compliant, measured and indicated resource of 6.4 Mt LCE (Orocobre website, Oct 2, 2016). Lithium Americas is developing the Cauchari salar, jointly with SQM a JORC/NI43-101 compliant, measured and indicated resource of 8.7 Mt LCE. (Lithium Americas website. Oct 2, 2016). Both are less than 100km from the properties.

Under the terms of the agreement, AIS can acquire a 100% interest in the properties by;

  1. Payment of $150,000 US for a 6 month option entitling AIS to conduct exploration, sampling, chemistry and drilling to determine the commercial viability of the projects.
  2. A onetime option payment of $4.5 Million US – payable at the conclusion of the 6 month option period.

The properties are subject to 8.5% carried-free participation required by the provincial government and a 3% royalty to the Government.

ais-resources-guayotayoc-salar-lithium-project-map

Concurrent Private Placement Financing
AIS intends to complete a non-brokered private placement of 2,000,000 units (“Units”) at a price of $0.25 per unit for gross proceeds of $500,000 (the “Private Placement”). Each Unit will be 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 $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 will pay up to 10% finders’ fees.

The net proceeds of the Private Placement will be used to for exploration of the Company’s Argentine properties and for general working capital purposes.

The CEO of the company, Marc Enright-Morin, stated: “We are pleased that we have acquired such well documented and previously researched projects in the Puna plateau. We look forward to delivering positive and exciting exploration and due diligence results to our shareholders over the coming months. Strategically AIS directors believe that investment in lithium will provide significant returns in the years to come, as the world migrates to lithium battery powered technology.”

This news release has been reviewed by Mr. Phillip Thomas, BSc Geol MBusM MAIG MAIMVA CMV CIM, a qualified person, as that term is defined in National Instrument 43-101.

The agreement and the financing are subject to regulatory approval, including that of the TSX-V.

We seek Safe Harbour.

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 Options Grant

Vancouver, British Columbia – September 26, 2016 – A.I.S. Resources Limited (TSX – NEX: AIS.H) (the “Company” or “AIS”) is pleased to announce that it has granted 162,250 stock options to a consultant of the Company pursuant to the Company’s Stock Option Plan. The options have an exercise price of $0.25 per share and an expiry date of September 26, 2017.

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 $200,000 Private Placement

Vancouver, British Columbia – August 25, 2016 – A.I.S. Resources Limited (TSX – NEX: AIS.H) (the “Company” or “AIS”) is pleased to announce that it intends to complete a non-brokered private placement of 1,333,333 units (“Units”) at a price of $0.15 per unit for gross proceeds of $200,000 (the “Private Placement”). Each Unit will be 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 $0.25 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 $0.35 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 will pay up to 10% finders fees.

The net proceeds of the Private Placement will be used to for general working capital purposes.

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

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 Closing of $300,000 Private Placement and TSX Acceptance of Fiedmont, Lac Volant and Lac Manitou Property Acquisition

Vancouver, British Columbia – August 19, 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 3,000,000 units (“Units“) for gross proceeds of $300,000 pursuant to its previously announced non-brokered private placement (the “Private Placement“). Each Unit was issued at a price of $0.10 and is comprised of one common share (“Common Share“) of the Corporation 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 $0.20 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 $0.30 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 net proceeds of the Private Placement will be used to finance the acquisition and exploration of the Company’s Fiedmont, Lac Volant and Lac Manitou properties and for general working capital purposes.

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 been accepted for filing by the TSX Venture Exchange.

AIS is also pleased to announce it has received final acceptance from the TSX Venture Exchange for its acquisition of the Fiedmont lithium and Lac Volant and Lac Manitou cobalt properties.

About the Fiedmont Property
The Fiedmont Property encompasses 2,063 hectares (5,097 acres), and is located proximal to the past producing Quebec Lithium Mine, covering the same geologic contact and potential extensions to the trend of other lithium occurrences to the northwest.

About the Lac Volant and Lac Manitou Properties
The Lac Manitou Property includes three claim blocks totalling 4,731 hectares (11,691 acres). The property covers the Tortuga Showing which includes surface rock sampling of Ni-Cu bearing sulphides, with one sample returning 0.35% Co.

The Lac Volant Property includes three claim blocks totalling 1,200 hectares (2,967 acres). The property covers several known un-tested conductors within the immediate vicinity of the Lac Volant Showing. The Lac Volant Showing was discovered as a result of exploration in the 1990’s. Drilling of the area in 1997 returned 2.51% Ni, 1.23% Cu, and 0.13% Co over 5.5 metres.

Management cautions that past results or discoveries on adjacent properties may not necessarily be indicative to the presence of mineralization on the Company’s properties

Darren L. Smith, M.Sc., P.Geol., Dahrouge Geological Consulting Ltd., a Qualified Person as defined by National Instrument 43-101, has reviewed the technical information in this news release.

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 Completes Private Placement

Vancouver, British Columbia – October 1, 2015 – A.I.S. Resources Limited (TSX – NEX: AIS.H) (the “Company” or “AIS”) announces the TSX Venture Exchange has accepted for filing documentation with respect to the first tranche of a non-brokered private placement for AIS Resources Ltd. announced Jan. 7, 2015, and June 15, 2015:

  • Number of shares:  4,915,500 shares
  • Purchase price:  10 cents per share
  • Warrants:  5,315,500 share purchase warrants to purchase 5,315,500 shares
  • Warrant exercise price:  14 cents for a two-year period
  • Placees:  18
  • Insider:  Martyn Element 590,000 shares
  • Pro group involvement:  100,000 (one placee)

Finders’ fees:  PI Financial will receive a finder’s fee of $616 and 6,160 broker’s warrants that are exercisable into common shares at 14 cents per share for a two-year period. Raymond James will receive a finder’s fee of $700 and 7,000 broker’s warrants that are exercisable into common shares at 14 cents per share for a two-year period.

We seek Safe Harbor.

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
Martyn Element
President and CEO
T: 604-220-6266
E: melement@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 Amendments to Option grant and Shares for Debt Transactions

Vancouver, British Columbia – August 12, 2016 – A.I.S. Resources Limited (TSX – NEX: AIS.H) (the “Company” or “AIS”) announces that 565,000 stock options (“Options”) granted to directors, officers and consultants of the Company as announced on August 9, 2016, have been amended to have an exercise price of $0.15 per common share (“Share”). The original exercise price was $0.12 per Share.

The Company also announces that it has issued Options to purchase 300,000 Shares of the Company to its directors, officers and consultants with an exercise price $0.15 per Share, for a period of five years.

The Company has also amended the shares for debt agreement, announced August 9, 2016 pursuant to which AIS will issue 562,000 common shares in satisfaction of $84,300 of indebtedness owed to two directors of the Company for unpaid fees and expenses. The original amount was 1,250,000 common shares in satisfaction of $125,000 of indebtedness.

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

Martyn Element
Chairman of the Board, Director
T: 604-220-6266
E: melement@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 Acquires Right to Earn 100% Interest in Lithium and Cobalt Property Portfolio, and Announces Private Placement

Vancouver, British Columbia – July 27, 2016 – A.I.S. Resources Limited (TSX – NEX: AIS.H) (the “Company” or “AIS”) is pleased to announce that it has entered into an Option Agreement (the “Agreement”) with DG Resource Management (DGRM) to acquire a 100% interest in the Fiedmont Lithium Property near Val d’Or, Quebec, and the Lac Manitou and Lac Volant cobalt properties located north of Sept-Îles, Quebec (collectively termed herein, the “Properties”).

Concurrent with the acquisition of the Properties, the Company will be closing a private placement financing of 3 million units at $0.10 per unit for gross proceeds of $300,000. Each unit will be comprised of one common share and one half-share purchase warrant. Each warrant is exercisable at $0.20 per common share for one year from closing of the private 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 $0.30 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 net proceeds of the Private Placement will be used to explore the Fiedmont, Lac Volant, and Lac Manitou properties, and for general working capital purposes.

The Fiedmont Property encompasses 2,020 hectares (4,992 acres), and is located proximal to the past producing Quebec Lithium Mine, covering the same geologic contact and potential extensions to the trend of other lithium occurrences to the northwest. Historic exploration within the region has discovered numerous lithium bearing pegmatites across an approximately 20 km long trend.

The past-producing Quebec Lithium Mine, located approximately four kilometres northwest of the Fiedmont Property, contains a measured resource of 6.9 million tonnes (Mt) at 1.18% Li2O, an indicated resource of 26.3 Mt at 1.19% Li2O, and an inferred resource of 13.8 Mt at 1.21% Li2O; all with a cut-off grade of 0.8% Li2O (from Oct, 12th, 2012 Technical Report, Canada Lithium Corp.). The mine was recently acquired by Jilin Jien Nickel Industry Co. for an undisclosed amount.

Management cautions that past results or discoveries on adjacent properties may not necessarily be indicative to the presence of mineralization on the Company’s properties.

Quebec is consistently ranked as one of the top mining jurisdictions worldwide by the Fraser Institute, and is host to numerous high-quality, advanced, spodumene pegmatite projects. These include Nemaska Lithium’s Whabouchi Project, as well as the past producing Quebec Lithium Mine.

The Lac Manitou and Lac Volant cobalt properties, located north of Sept-Îles, are within an established nickel-copper magmatic sulphide terrane that was explored extensively in the late 1990’s. The area has been noted as having several geological similarities with the Voisey’s Bay District, in northern Labrador. As of 2013, proven and probable reserves at Voisey’s Bay consist of 17.2 Mt grading 2.38% Ni, 1.34% Cu, and 0.11% Co, and highlight the potential of the geological exploration model.

The Lac Manitou Property includes three claim blocks totalling 4,726 hectares (11,678). The property covers the Tortuga Showing which includes surface rock sampling of Ni-Cu bearing sulphides, with one sample returning 0.35% Co.

The Lac Volant Property includes three claim blocks totalling 1,200 hectares (2,967 acres). The property covers several known but un-tested conductors within the immediate vicinity of the Lac Volant Showing. The Lac Volant Showing was discovered as a result of the exploration in the 1990’s. Drilling of the area in 1997 returned 2.51% Ni, 1.23% Cu, and 0.13% Co over 5.5 metres.

Management cautions that past results or discoveries on adjacent properties may not necessarily be indicative to the presence of mineralization on the Company’s properties.

According to Martyn Element, President and CEO of the company “In late 2015 Goldman Sachs called Lithium the ‘New Gasoline’; as we watch this unfold and the world transition’s from hydrocarbon based fuels to more environmentally friendly green technologies, which include lithium batteries, it will place tremendous near- and long-term price pressure on the lithium supply chain. Additionally, with about 40% of the worlds cobalt demand arising from the battery industry, it is anticipated to be in a supply-demand deficit as early as 2017.”

Under the terms of the Agreement, the Company has the exclusive right to acquire an undivided 100% interest in the Properties, subject to DGRM retaining a 3.0% Gross Overriding Royalty (GORR) with respect to any and all mineral and/or metal production from the Properties. The Company will maintain the right to repurchase 1% of the GORR for $2.5 million per property for a period of 5 years from the date of execution of the Agreement. The Agreement includes the rights to all metals and minerals occurring on the Properties with the exception of limestone, dolomite, and building stone.

In order to maintain the Option Agreement in good standing and acquire an undivided 100% interest in the Properties, the Company must, during the option period, complete the following:

  1. On signing of this Agreement, pay the sum of $25,000 to DGRM (the “First Option Payment”);
  2. On the Exchange Approval Date, pay the sum of $25,000 and issue 1,400,000 Shares to DGRM (the “Second Option Payment”);
  3. On the first anniversary of the Exchange Approval Date, pay the sum of $75,000 and issue 1,200,000 Shares to DGRM (the “Third Option Payment”);
  4. On the second anniversary of the Exchange Approval Date, pay the sum of $75,000 to DGRM (the “Fourth Option Payment”) ;
  5. The Company shall incur in aggregate at least $500,000 of Expenditures on the Property(s) of which $250,000 will be expended in each year of the Option Agreement.

This Option Agreement is subject to TSX Venture Exchange approval. The Company will be preparing a 43-101 report with respect to one of the Properties.

Darren L. Smith, M.Sc., P.Geol., Dahrouge Geological Consulting Ltd., a Qualified Person as defined by National Instrument 43-101, has reviewed the technical information in this news release.

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
Martyn Element
President and CEO
T: 604-220-6266
E: melement@aisresources.com

A.I.S. Resources Limited
Marc Enright Morin
Corporate Development and Finance
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 Provides Update on Buda Juices LLC Investment

Vancouver, British Columbia – June 2, 2016 – A.I.S. Resources Limited (TSX – NEX: AIS.H) (the “Company” or “AIS”) is pleased to provide an update on its Buda Juice LLC investment.

Buda Juice has demonstrated significant growth since AIS’s investment in 2015 growing from 2 outlets in January 2015 to 24 store locations and 2 central kitchens currently in operation. This impressive growth has been fueled by both Canadian and USA operations of Buda Juice.

Buda Juice Canada has expanded to 10 stores in the Greater Toronto Area. Buda Juice Canada’s partnership with Longos, and Sobeys, Toronto’s most prestigious grocery chains is similar to Starbucks’ highly successful store within a store model. In November 2015 Buda Juice Canada opened its Toronto central kitchen able to service 25+ stores in the Greater Toronto Area.

Travis Bell, Buda Juice Canada’s CEO, and founder of Arthur’s Juice stated “We are very pleased with the progress of Buda Juice Canada and are excited about upcoming store openings.”

Buda Juice LLC has opened 14 stores in the Dallas/Fort Worth area, including one at the world renowned Cooper Clinic’s Craig Ranch, with two more stores slated to open in June, two more in July and a full pipeline of more stores in the coming months including a Rice Village store which will be Buda Juice’s first Houston store. In July 2015 it opened its state-of-the-art refrigerated central kitchen in Dallas with the capacity to service 100+ locations in Dallas/Fort Worth, Houston, Austin and San Antonio.

Horatio Lonsdale Hands, CEO of Buda Juice LLC said “Our top priority is quality, safety and customer satisfaction which generates high repeat business all of which has helped build our company with its brilliant team of juicers and ambassadors into what we believe is the new category leader in the raw, organic, “unprocessed’ retail store juice market in North America.”

Martyn Element, CEO of AIS said, “We are delighted to see the progress of Buda Juice and AIS is extremely happy with its investment. We look forward to another year of strong company growth and the expansion of the company in both Canada and the U.S.”

About Bud Juice
Buda Juice LLC, Co-Founded by Bernard Lucien Nussbaumer and Horatio Lonsdale-Hands, is the creator, owner and operator of 100% organic, cold-pressed, glass-bottled juice stores in North America. Buda Juice prides itself on its unbroken farm-to-customer cold chain process which features juice cold pressed at 35 degrees (versus the industry norm of 80 degrees). With the global health and wellness market on the rise and global sales of products promoting a healthy lifestyle predicted to hit a record high of $1 trillion (US) by 2017, Buda Juice is in prime position to capitalize on this ever-growing market.

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
Martyn Element
President and CEO
T: 604-220-6266
E: melement@aisresources.com

A.I.S. Resources Limited
Marc Enright Morin
Corporate Development and Finance
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 Changes to Board of Directors

Vancouver, British Columbia – October 1, 2015 – A.I.S. Resources Limited (TSX – NEX: AIS.H) (the “Company” or “AIS”) has appointed Kiki Smith to the company’s board of directors. Ms. Smith has been serving as the company’s chief financial officer since May, 2014.

Ms. Smith has over 20 years of experience, assisting private and public companies in the roles of accountant, corporate controller and chief financial officer in mining, oil and gas, real estate, high technology, food production, and investment fund management. Ms. Smith currently provides consulting services in mergers and acquisitions, financial reporting, and regulatory compliance to several public and private companies in the resource, food production and investment sectors. Ms. Smith graduated from the University of British Columbia in 1989 with a bachelor of arts degree in economics. She is member of the Chartered Professional Accountants of British Columbia.

In conjunction with this appointment, Hubert Marleau has resigned as director of the company. The company wishes to thank him for his service and contributions and wishes him the best in his future endeavours.

We seek Safe Harbor.

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
Martyn Element
President and CEO
T: 604-220-6266
E: melement@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.