A.I.S. Resources Ltd. announces the grant of a total of 500,000 incentive stock options to a director in accordance with the Company's stock option plan. Each Option is exercisable into one common share of the Company at a price of $0.06 per share. The Options vest on the date of grant and will expire five years from the date of grant. The stock options granted are subject to the acceptance of the TSX Venture Exchange [...]
A.I.S. Resources Ltd. is pleased to announce appointment of Marc Enright-Morin to its Board of Directors. The Company announced the appointment of Marc Enright-Morin as the President and CEO of the Company on February 24, 2025. The Company also announces that it is changing its fiscal year-end from December 31 to March 31. The Company is changing its financial year-end to better align the Company's financial statement and [...]
A.I.S. Resources Ltd. announces a non-brokered private placement of up to 2,857,143 Units at a price of $0.035 per Unit for gross proceeds of $100,000 . The proceeds will be used for general working capital. Each Private Placement Unit consists of one common share and one transferable share purchase warrant. Each warrant will entitle the holder thereof to purchase one additional common share for a period of 2 years from [...]
A.I.S. Resources Ltd. announces a non-brokered private placement of up to 8,600,000 Units at a price of $0.035 per Unit for gross proceeds of $301,000 . The proceeds will be used for general working capital and exploration of the Company's gold projects in Australia. The Company may pay finders fees of up to 8% cash and 8% finders warrants on a portion of the placement. Each Unit consists of one common share and one [...]
A.I.S. Resources Ltd. provides a corporate update regarding its ongoing gold exploration initiatives in Australia. With the recent rise in gold prices, AIS has renewed its focus on advancing its exploration efforts. Over the next six months, the Company will assess previous exploration data and launch a detailed exploration program across its Australian gold assets. AIS' Key Gold Projects in Australia: 1 [...]
A.I.S. Resources Ltd. announces the closing of a private placement of convertible debentures and detachable warrants for gross proceeds of $195,000. Principal will be convertible into common shares at $0.05 per common share for a term of one year from the closing date . The convertible debentures will bear interest at a rate of 6.0% per annum payable on the Maturity Date. Accrued interest may be paid in cash or converted [...]
A.I.S. Resources Ltd. announces the appointment of John McCleery as a director of the Company. John is a mining entrepreneur with over 40 years experience in resource exploration, development and financing of projects globally. Most recently John co-founded Creston Moly and served as Director and Head of Corporate Development where he spearheaded over $40 million in equity financing to acquire and advance the El Creston [...]
A.I.S. Resources Ltd. announces a renewed focus on gold exploration in Australia. Through its wholly owned Australian subsidiary AIS Resources Aust. Pty, AIS continues to own: 100% interest in the 28 km2 Fosterville-Toolleen Exploration License located 10 km due east of Agnico Eagle's Fosterville gold mine, 60% interest in the 58 km2 Bright Exploration License , with an option to acquire 100%, and, 100% interest in the [...]
The Board of A.I.S. Resources Ltd. wishes to announce the decision to proceed with a 1-for-10 reverse stock split, also known as a stock consolidation, stock merge, or share rollback, applicable to all issued shares and outstanding warrants and options. Effective at the commencement of trading on March 8, 2024 the Company is expected to begin trading on the TSX Venture Exchange on a post-consolidated basis under the stock [...]
A.I.S. Resources Ltd. is pleased to announce that the Company has reached an agreement with American Salars Lithium Inc., on an option agreement on the Candela II Lithium Brine Project located in the Incahuasi Salar, Salta Province, Argentina . The Candela II Lithium Brine Project contains a NI 43-101 inferred mineral resource estimate of 86,000 tonnes of lithium metal, equating to 457,000 tonnes of in-situ lithium [...]
A.I.S. Resources Ltd. wishes to inform the company's shareholders that Spey Resources Corp. has announced that a NI 43-101 compliant Mineral Resource Estimate has been completed on the Candela II lithium brine project located in the Incahuasi Salar, Salta Province, Argentina. AIS holds a 20% equity carry in the Candela II concession. The report on the Candela II property was completed by WSP Australia Pty Limited and [...]
A.I.S. Resources Ltd. today announced that Ekeko S.A. has unilaterally declared the Exploration and Purchase Option Agreement between AIS and Ekeko, dated June 10th, 2021 to be terminated for alleged breach of contract by AIS. AIS rejects the allegation of breach and rejects Ekeko's purported termination of the Agreement. AIS validly exercised the option on Pocitos 1 prior to the contractual deadline of June 30th [...]
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