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A.I.S Resources Limited Enters Into Loan Agreement

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Vancouver, British Columbia – A.I.S. Resources Limited (TSX: AIS, OTCQB: AISSF) (the “Company” or “AIS”) announces that on November 9, 2018 the Company entered into a loan agreement with Mr. Bulent Seri for a loan in the amount of US$175,000. The loan is for the term of one year and bears interest at 10% per annum. Upon approval of the TSX Venture exchange the lender shall also receive from the Company bonus shares representing 10% of the aggregate sum of the loan. The Company shall also pay a loan application fee in the amount of US$5,000. Proceeds of the loan will be used for working capital purposes. The Company intends to repay the loan by means of future private placement financings.

About A.I.S. Resources
A.I.S. Resources Ltd. is a TSX listed investment issuer, was established in 1967 and is managed by experi-enced, highly qualified professionals, who have a long track record of success in lithium exploration, production and capital markets. Through their extensive business and scientific networks, 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 current activities are focused exclusively on the exploration and development of lithium brine projects in northern Argentina. It is currently ex-ploring the Guayatayoc and Salinas Grandes salars.

On Behalf of the Board of Directors,
AIS Resources Ltd.
Phillip Thomas, President & CEO

Corporate Contact
Phillip Thomas
President & CEO
T: 747 200 9412
E: pthomas@aisresources.com

Martyn Element
Chairman
T: 604 687 6820
E: melement@aisresources.com

Website: 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 Geophysics Analysis at Guayatayoc Salar, Jujuy Province, Northern Argentina with Outstanding Results

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Vancouver, British Columbia – A.I.S. Resources Limited (TSX: AIS, OTCQB: AISSF) (the “Company” or “AIS”) is pleased to announce that the final TEM Geophysics report from Quantec with detailed analysis of the TEM profiles has been interpreted.  Two major aquifer structures, one almost 8km wide and 100 metres in depth, based on low resistivity values have been identified. In five of the six profiles analysed all have resistivity values below 0.026 ohm-m which is considered exceptional.  Two independent geophysicists have examined the profiles and come to the same conclusion as our Exploration Director, Phil Thomas.

Preparations have commenced to start a drilling program in the next four weeks subject to drill rig availability.

Figure 1 – Shows the six TEM lines that were surveyed from left to right,1-6.Profile one (L1N) was 8km and cross both Guayatayoc III and Guayatayoc Mina concessions. Profile two(L2N) was 5km across the northern portion of Guayatayoc III and Profiles three through six (L3N, L4N, L5N & L6E) concentrated in the northern section of Guayatayoc Mina.

Profile One – Profile One (L1N) showing aquifer region which is 8km wide. Areas of resistivity of 0.015ohm-m or lower are outlined in black. This is exceptionally low considering a concentration of 280,000ppm salt in water at 10 degrees has a value of 0.025 ohm-m so it appears there are other conductive ions besides sodium present where resistivity values are 0.015 ohm-m or lower.

Resistivity Legend 

Profile 2 – Guayatayoc III – Profile two (L2N) shows resistivity values less than 0.72 ohm-m which is very exciting given the west side appears to continue into L3N at Guayatayoc Mina.

                                                                                                           

Profile 3 (L3N) – Shows a low resistivity area to the east which is the end of the continuation of L2N but shows much lower resistivity at the 250 metre level.  Plan views have been constructed for each 50 metre level down to 400 metres.  TEM survey results here are exceptional because there is high contrast between drier (yellow/green) and wet (purple/red) strata at depth.

Profile 4 – Shows the edge of the delta and there are no significant low resistivity zones here, so there is no point drilling this area.

Profile 5 (LN5) – Shows a low resistivity area to the east of the survey area but shows much lower resistivity at the 250 metre level.  We extensively sampled the surface north and south of LN5 with 36 two metre deep trenches and recorded lithium values from 50-200ppm.  These concentrations of lithium are coming in at 0.277 ohm-m near the surface and so we conclude there are likely to be higher concentrations of lithium at depth where lithium has concentrated over the past 1.6 million years.

Profile 6 – Is diagonally across the top corner of Guayatayoc Mina and picks up the sampling results at the surface of 145ppm lithium.  The purple zone of less than 0.015 ohm-m is less than 100 metres from the surface and would be an ideal drilling target.

Phil Thomas said that, “These results are exactly what we were looking for, a deep basin with very large aquifers defined at the moment by low resistivity zones, 8km wide by 5 km in length at about 200m with depths of up to 100 metres. Our first drill hole is located over the widest point of the low resistivity zone in Guayatayoc Mina so we are very anxious to get the results of the packer brine sampling test and look at the core.”

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

About A.I.S. Resources
A.I.S. Resources Ltd. is 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 networks, they identify and develop projects worldwide that have strong potential for growth with the objective of providing significant returns for shareholders.The Company’s current activities are focused on the exploration and development of lithium brine projects in northern Argentina.

On Behalf of the Board of Directors,
AIS Resources Ltd.
Phillip Thomas, President & CEO

Corporate Contact
Phillip Thomas
President & CEO
T: 747 200 9412
E: pthomas@aisresources.com

Martyn Element
Chairman
T: 604 687 6820
E: melement@aisresources.com

Website: 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 Private Placement and TSX Exchange Acceptance of Warrants Extension

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Vancouver, British Columbia – A.I.S. Resources Limited (TSX: AIS, OTCQB: AISSF) (the “Company” or “AIS”) announces a non-brokered private placement of up to 5 million units of the Company at a price of $0.11 per unit for gross proceeds of up to $550,000. Each unit will consist of one common share and one transferrable share purchase warrant.

Each warrant will entitle the holder thereof to purchase one additional common share for a period of 12 months from the closing date of the offering at a price of $0.20 per common share 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 $0.30 for a period of fifteen (15) consecutive trading days, the Company will have the right to accelerate the expiry of the warrants to a date that is not less than ten (10) business days from the date notice is given. The Company will pay up to 8% finders fees and 8% finders warrants.

The Company is also pleased to announce that the TSX Exchange has accepted the extension of the expi-ry date of 4,505,000 warrants exercisable at $0.30 from October 5, 2018 to October 5, 2019.

Qualified Person
Phillip Thomas, BSc Geol, MBusM, MAIG, MAIMVA, (CMV), a qualified person as defined under National Instrument 43-101 regulations, has reviewed the technical information that forms part of this news re-lease, and has approved the disclosure herein. Mr. Thomas is not independent of the company as he is a Chief Executive Officer and shareholder.

About A.I.S. Resources
A.I.S. Resources Ltd. is a TSX listed investment issuer, was established in 1967 and is managed by experi-enced, highly qualified professionals, who have a long track record of success in lithium exploration, production and capital markets. Through their extensive business and scientific networks, 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 current activities are focused exclusively on the exploration and development of lithium brine projects in northern Argentina. It is currently ex-ploring the Guayatayoc and Salinas Grandes salars.

On Behalf of the Board of Directors,
AIS Resources Ltd.
Phillip Thomas, President & CEO

Corporate Contact
Phillip Thomas
President & CEO
T: 747 200 9412
E: pthomas@aisresources.com

Martyn Element
Chairman
T: 604 687 6820
E: melement@aisresources.com

Website: 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 Geophysics Report Received and Trenching Completed at Salinitas Project, Salinas Grandes, Northern Argentina

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Vancouver, British Columbia – A.I.S. Resources Limited (TSX: AIS, OTCQB: AISSF) (the “Company” or “AIS”) is pleased to announce that the final TEM Geophysics report from Quantec with detailed analysis of the TEM profiles has been interpreted. Two major aquifer structures based on low resistivity values have been identified.

During this past week (1-6 October, 2018) Phil Thomas, Exploration Director and CEO undertook a 20 trench sampling program using a 321C Caterpillar excavator to trench down to 5 metres at each point selected at the Salinitas JV Project in the Salinas Grandes Salar, Salta Province, Argentina. Ground water and brines were encountered in 19 out of 20 trenches. Ulexite (boron mineral that frequently occurs with lithium) was encountered in several trenches and was evident in an area approximately 1000sq m near trench 19.

The objective was to identify the types of sediments close to the surface with a specific resistivity and identify the porosity of this unit, e.g. stratigraphic units of green grey clays, sand, black volcanic sands, black shales or brown clays. The black sands/aggregates have a porosity of 22-32% +/- 3%.

Preparations have commenced to start a drilling program in the next two weeks subject to drill rig availability (which is estimated at 10 days). Some drill pad preparation was completed, and roads have been upgraded using the 321 Cat excavator. Drill rig fluid pits have been dug at trench site 12 and 18 in preparation for drill hole 1 and if successful drill hole 2.

 

The above 1D model at 2.5 Hz shows the two very low resistivity areas at a depth of 300-500m.  The black sands/shales/gravels were encountered trenching at UTM 802000 which is the relationship we were seeking to correlate. The geophysics data was changed to 0 to 20 ohm-m, rather than 0 to 100ohm-m, and was modified to better highlight zones of very low resistivity, and to better differentiate the resistivity within the 0 to 10 ohm-m range.

The above shows a very low resisitivity zone, possibly a lithium rich aquifer in black volcanic sands given the trenching correlation. The red triangle is the trenching locations.

Above is the second zone of low resistivity, where there is large area approximately 2km wide by 150 metres in thickness in what is interpreted to be paleo channels.

FIGURE 1 LEFT – Shows the significant amount of brine that flowed into the 5m x 4m x 4m pit some 36,000 litres within 18 hours. FIGURE 2 RIGHT – Shows the cat 320 trenching in the distance across the salt pan.

FIGURE 3 LEFT – Shows the transition from the green gray clay possibly montmorillite with black sands/shales/agreggates starting to show through with water seeping immediately. FIGURE 4 RIGHT – Shows the black sands/shales unit with brine/ground water flowing into it.

Phil Thomas, Chief Executive Officer and exploration director of A.I.S., stated: “Our trenching program has been a resounding success and enables us to drill with some confidence. We have identified black sand/shale/aggregate units containing gravels that have very low resistivity and the same resistivity signature will have a high probability of being encountered when drilled at 250 metres with units as thick as 150 metres. I am looking forward to the brine analysis to see the surface brine composition although it will have little relativity to the brines at depth where they will be more concentrated. Drilling is going to be exciting as we expect the aquifer flow to be substantial.” The Salinitas Project with MGX (CDN:XMG) is a joint venture where MGX have agreed to fund $1.2 million in works for an 80% interest over the next two years. Subject to brine composition and flow rate a production well will be drilled in either drill hole 1 or 2 for a 30 day pump test.

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

About A.I.S. Resources
A.I.S. Resources Ltd. is 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 networks, they identify and develop projects worldwide that have strong potential for growth with the objective of providing significant returns for shareholders. The Company’s current activities are focused on the exploration and development of lithium brine projects in northern Argentina.

On Behalf of the Board of Directors,
AIS Resources Ltd.
Phillip Thomas, President & CEO

Corporate Contact
Phillip Thomas
President & CEO
T: 747 200 9412
E: pthomas@aisresources.com

Martyn Element
Chairman
T: 604 687 6820
E: melement@aisresources.com

Website: 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 Drill Permit Issued for Guayatayoc Mina, Argentina

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Vancouver, British Columbia – A.I.S. Resources Limited (TSX: AIS, OTCQB: AISSF) (the “Company” or “AIS”) is pleased to announce that it has been issued with a seismic and drilling exploration permit for Guayatayoc Mina. It is expected that the permit for Guayatayoc III will also be issued shortly.

Detailed discussions with Quantec have been undertaken with regards to a TEM survey and results will be available shortly, subject to inhouse analysis and interpretation.

We are planning a two-hole drill program, and shortly drill pads, roads and drill fluid pits will be ar-ranged. It is anticipated that the drill program will commence in four weeks or earlier. The depth of each drill hole will be 400 metres. A baseline environmental study will be completed prior to the drilling activities. Sampling of water and soils will commence next week.

Phillip Thomas, CEO and Exploration Director commented, “This is a great outcome after two years of work with the communities and the government of Jujuy, particularly the Mines Department in Jujuy. The relationships we have developed will assist us in other initiatives we have planned for. Positive drill results will have a significant effect on the Company’s future.”

Qualified Person
Phillip Thomas, BSc Geol, MBusM, MAIG, MAIMVA, (CMV), a qualified person as defined under National Instrument 43-101 regulations, has reviewed the technical information that forms part of this news re-lease, and has approved the disclosure herein. Mr. Thomas is not independent of the company as he is a Chief Executive Officer and shareholder.

About A.I.S. Resources
A.I.S. Resources Ltd. is a TSX listed investment issuer, was established in 1967 and is managed by experi-enced, highly qualified professionals, who have a long track record of success in lithium exploration, production and capital markets. Through their extensive business and scientific networks, they identify and develop high economic probability projects worldwide, that have strong potential for growth with the objective of providing significant returns for shareholders. The Company’s current activities are fo-cused exclusively on the exploration and development of lithium brine projects in northern Argentina. It is currently exploring the Guayatayoc and Salinas Grandes salars.

On Behalf of the Board of Directors,
AIS Resources Ltd.
Phillip Thomas, President & CEO

Corporate Contact
Phillip Thomas
President & CEO
T: 747 200 9412
E: pthomas@aisresources.com

Martyn Element
Chairman
T: 604 687 6820
E: melement@aisresources.com

Website: 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 Applies to Extend Warrants Terms

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Vancouver, British Columbia – A.I.S. Resources Limited (TSX: AIS, OTCQB: AISSF) (the “Company” or “AIS”) announces that the Company has applied to the TSX Exchange to amend the expiry date of 4,505,000 warrants exercisable at $0.30 from October 5, 2018 to October 5, 2019.  The amendment is subject to TSX Exchange approval.

About A.I.S. Resources
A.I.S. Resources Ltd. is a TSX 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 ex-ploration, production and capital markets. Through their extensive business and scientific net-works, 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 current activities are focused exclusively on the exploration and development of lithium brine projects in northern Argentina. It is currently exploring the Guayatayoc and Salinas Grandes salars.

On Behalf of the Board of Directors,
AIS Resources Ltd.
Phillip Thomas, President & CEO

Corporate Contact
Phillip Thomas
President & CEO
T: 747 200 9412
E: pthomas@aisresources.com

Martyn Element
Chairman
T: 604 687-6820
E: melement@aisresources.com

Website: 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 Extends Guayatayoc and Vilama Properties Option for Six Months and Enters into Loan Agreement

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Vancouver, British Columbia – A.I.S. Resources Limited (TSX: AIS, OTCQB: AISSF) (the “Company” or “AIS”) is pleased to announce that further to the Company’s September 13, 2018 news release AIS has paid US$200,000 to extend its right to explore the Guayatayoc III, Guayatayoc Mina and Vilama properties from October 1, 2018 to March 31, 2019. The Company may exercise its option to acquire the property for US$4.5million.

On September 28, 2018 the Company entered into a loan agreement with Mr. Bulent Seri for a loan in the amount of US$US200,000. The loan is for the term of one year and bears interest at 8% per annum. Upon approval of the TSX Venture exchange the lender shall also receive from the Company bonus shares representing 20% of the aggregate sum of the loan. Proceeds of the loan will be used for working capital purposes. The Company intends to repay the loan by means of future private placement financings.

About A.I.S. Resources
A.I.S. Resources Ltd. is a TSX 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 ex-ploration, production and capital markets. Through their extensive business and scientific net-works, 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 current activities are focused exclusively on the exploration and development of lithium brine projects in northern Argentina. It is currently exploring the Guayatayoc and Salinas Grandes salars.

On Behalf of the Board of Directors,
AIS Resources Ltd.
Phillip Thomas, President & CEO

Corporate Contact
Phillip Thomas
President & CEO
T: 747 200 9412
E: pthomas@aisresources.com

Martyn Element
Chairman
T: 604 687-6820
E: melement@aisresources.com

Website: 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 Signs Agreement to Extend Guayatayoc and Vilama Properties Option for Six Months

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Vancouver, British Columbia – A.I.S. Resources Limited (TSX: AIS, OTCQB: AISSF) (the “Company” or “AIS”) is pleased to announce that it has signed an option agreement to extend its right to explore the Guayatayoc III, Guayatayoc Mina and Vilama properties from October 1, 2018 to March 31, 2019 for consideration of US$200,000.  The Company may exercise its option to acquire the property for US$4.5million. 

The 60 day notice period for UGAMP submissions has concluded and the Company has responded to all UGAMP requests. Favourable negotiations have been held for the issue of a drilling and seismic permit for Mina Guayatayoc which will be issued shortly.

Phil Thomas stated, “We are very pleased to have completed the consultation process that culminated in the Company signing an agreement with the Quebralena community. We look forward to receipt of our drilling permit and commencement of our seismic and drill program.”

Qualified Person
Phillip Thomas, BSc Geol, MBusM, MAIG, MAIMVA, (CMV), a qualified person as defined under National Instrument 43-101 regulations, has reviewed the technical information that forms part of this news release, and has approved the disclosure herein. Mr. Thomas is not independent of the company as he is an officer and shareholder.

About A.I.S. Resources
A.I.S. Resources Ltd. is a TSX 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 networks, 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 current activities are focused exclusively on the exploration and development of lithium brine projects in northern Argentina. It is currently exploring the Guayatayoc and Salinas Grandes salars.

On Behalf of the Board of Directors,
AIS Resources Ltd.
Phillip Thomas, President & CEO

Corporate Contact
Phillip Thomas
President & CEO
T: 011 61 3 9943 2374
E: pthomas@aisresources.com

Martyn Element
Chairman
T: 604 687-6820
E: melement@aisresources.com

Website: 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 Geophysics & Identifies Prospective Aquifers at MGX / AIS Salinitas JV Project, Salinas Grandes, Argentina

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Vancouver, British Columbia – A.I.S. Resources Limited (TSX: AIS, OTCQB: AISSF) (the “Company” or “AIS”) is pleased to report completion of the previously announced Time Domain Electromagnetic (TDEM) survey at the Salinitas lithium brine joint venture project (the “Project”) located in the Salinas Grande Salar, Northwest Argentina.

The first of the TEM geophysics profiles has been interpreted and potentially substantial aquifers exist over two 3 km x 2km x 180m depth areas. Preliminary highlights from the TDEMprogram (Figure 1) show the red zone as highly conductive. Interpreted aquifers outlined in black line (Figure 1) are likely to represent brine soaked sands and clay.The large blue structures in Figure 1 are black volcanic rocks that can been seen outcropping in Figure 3. On line one, the size of the two blocks in the low resistivity area is approximately 6,000m x 180m.

Interpretation of lines two and three are now underway and will provide an indication of potential widths. The purple line on the surface (Figure 1) shows the main area of interest that will be trenched with a backhoe in the near future.

Figure 1. Salinitas Project, Salinas Grandes – Blue dots represent survey lines along 26km.

 Figure 2. Blue dots represent survey lines and areas of focus for future trenching.

Figure 3. Black volcanic rocks outcropping at surface

 Salinitas Drilling Permit Update and Exploration Plans
A.I.S.has been advised that the Salta Department of Mines Administration is expected to issue drill permits within the next week. Upon full completion and interpretation of all TDEM data, A.I.S. plans to conduct trenching as well as an auger drilling program to test the shallow, near surface brine targets that may potentially contain anomalous concentrations of lithium and other elements. Exploration is being overseen by AIS’s Exploration Director and newly appointed CEO Phillip Thomas. Mr. Thomas specializes in development of lithium brine projects and previously acted as CEO of Admiralty Resources, where he was responsible for putting the Rincon Salar in Argentina into production.

Phil Thomas stated: “This initial seismic data from the Salinitas Project based on the TEM geophysics models strongly supports our case for acquiring an option on these strategic concessions. Once all the geophysics analysis is completed we will start our trenching program followed by our initial drilling program of two to four holes.”

About the Salinitas Lithium Brine Project
The Salinitas tenements are located in the lithium triangle at the Salar de Salinas Grandes, in the Province of Salta. The 4,308 hectare contiguous land package resides in the Puna region of northwest Argentina near the border of Chile, an area renowned for its lithium- and potassium-rich brine resources. MGX has partnered with A.I.S. on the Project and MGX is currently earning an undivided 80% interest by incurring total exploration expenditures of at least US$1.2 million by May 31, 2020 and by making payments totaling US$3.2 million which are primarily due at that time.

MGX Rapid Lithium Brine Extraction Technology
MGX has developed a rapid lithium extraction technology eliminating or greatly reducing the physical footprint and investment in large, multi-phase, lake sized, lined evaporation ponds, as well as enhancing the quality of extraction and recovery across a complex range of brines as compared with traditional solar evaporation.

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

About A.I.S. Resources
A.I.S. Resources Ltd. is 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 networks, 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 current activities are focused exclusively on the exploration and development of lithium brine projects in northern Argentina.

On Behalf of the Board of Directors,
AIS Resources Ltd.
Phillip Thomas, President & CEO

Corporate Contact
Phillip Thomas
President & CEO
T: 011 61 3 9943 2374
E: pthomas@aisresources.com

Website: 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 Amends Exercise Price of Options

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Vancouver, British Columbia – A.I.S. Resources Limited (TSX: AIS, OTCQB: AISSF) (the “Company” or “AIS”) is pleased to announce that the Company has amended the exercise price of certain options as follows:

Effective August 23, 2018 AIS has increased the exercise price of 1,000,000 options expiring August 17, 2023 from $0.13 to $0.20.

Effective August 23, 2018 AIS has amended the exercise price of 1,240,000 options expiring November 24, 2022 and held by certain consultants of the Company from $0.91 to $0.20.

Phillip Thomas CEO stated, ”We are pleased to announce this amendment as we feel it will better align employees’ and consultants’ option incentives with the Company’s, immediate, short and long term objectives.”

About A.I.S. Resources

A.I.S. Resources Ltd. is a TSX 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 networks, 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 current activities are focused exclusively on the exploration and development of lithium brine projects in northern Argentina. It is currently exploring the Guayatayoc and Salinas Grandes salars.

On Behalf of the Board of Directors,
AIS Resources Ltd.
Martyn Element, Chairman

Corporate Contact
Martyn Element
Chairman
T: 604-687-6820
E: melement@aisresources.com

Phillip Thomas
President & CEO
T: 011 61 3 9943 2374
E: pthomas@aisresources.com

Website: 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.