A.I.S. Resources Ltd.

A.I.S. Resources Ltd. announces that it is amending the price of the previously announced non-brokered private placement from $0.04 to $0.03 per unit. and increasing gross proceeds to up to $835,000. The private placement at the revised price will consist of up 27,833,333 units for gross proceeds of up to $835,000. Each Unit consists of one common share and one transferrable share purchase warrant. Each warrant will [...]

A.I.S. Resources Ltd. announces that it is increasing the price of the previously announced non-brokered private placement from $0.02 to $0.04 per unit. . The private placement at the revised price will consist of up to 18,675,000 units for gross proceeds of up to $747,000. Each Unit consists of one common share and one transferrable share purchase warrant. Each warrant will entitle the holder thereof to purchase one [...]

A.I.S. Resources Ltd. announces commencement of due diligence on the Yalgogrin orogenic gold project with a detailed review of RC and Air Core drilling sample trays and surface samples and identification of six reefs in Sheehans historic mine area. Fig 1 & Fig 2: https://www.globenewswire.com/NewsRoom/AttachmentNg/6b6b0b48-fbb3-4fd1-9bda-e783f6f7c7c8 The detailed information has been entered into Micromine and Mapinfo [...]

A.I.S. Resources Ltd. announces a non-brokered private placement of up to 37,350,000 units at a price of $0.02 per unit for gross proceeds of $747,000. . The proceeds will be used for general working capital purposes. Each Unit consists 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 [...]

A.I.S. Resources Ltd. announces that on July 17, 2020 the Company entered into a binding letter of intent , to acquire the Yalgogrin orogenic gold project , with Auger results of 12.5 gm/t and 32.3 gm/t, and 14 DDH’s with intercepts ranging from 1.9 gm/t to 1m at 21.5 gm/t. The Project is located in the historic West Wyalong gold corridor of central NSW, Australia which produced 445,700 oz gold mined between [...]

A.I.S. Resources Ltd. announces that it intends, subject to TSX Venture Exchange approval, to extend the term of 7,100,000 warrants expiring on July 17, 2020. The share purchase warrants were issued pursuant to a private placement of 7,100,000 shares accepted for filing by the TSXV on July 18, 2019. The warrants will be extended for a period of one year until July 17, 2021. The exercise price remains unchanged at $0.10 [...]

A.I.S. Resources Ltd. is pleased to announce that it has settled its debt receivable from MGX Minerals Inc. . On November 1, 2019, the Company commenced an action against MGX in the Supreme Court of British Columbia claiming unpaid fees for exploration and related services. AIS and MGX have entered into a settlement agreement under which the Company has agreed to accept 3,705,733 common shares in the capital of MGX at a [...]

A.I.S. Resources Ltd. announces that it has received payment for the first 292 DMT of Manganese fines sold in November 2019. There was no discrepancy between the China Import Quarantine and Veritas Peru certificate of chemical analysis. The buyer paid the benchmark price of US$3.70 per DMTU and the final grade was 42.75% Mn. AIS has sourced very high quality manganese from its Zambian supplier which will be sold on a CIF [...]

A.I.S. Resources Ltd. announces that it intends, subject to TSX Venture Exchange approval, to extend the term of 12,622,222 warrants expiring on February 26, 2020. The share purchase warrants were issued pursuant to a private placement of 12,622,222 shares accepted for filing by the TSXV on March 1, 2019. The warrants will be extended for a period of two years until February 26, 2022. The exercise price remains unchanged [...]

A.I.S. Resources Ltd. announced today that the Company has entered into an access agreement with the land owner to conduct exploration on an existing manganese mine and major deposit northwest of Panama City near Palenque, Panama. Highlights of the A.I.S. Resources Transaction The project was visited on October 17, 2019 and samples were taken from an outcrop adjacent to a 60 metre deep mine shaft where manganese was [...]