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A.I.S. Resources Arranges Supply of 30,000 Tonnes a Month of Manganese Ore and Commences Sale Negotiations With Erdos Group21.11.2019 | 14:30 Uhr | GlobeNewswire
VANCOUVER, Nov. 21, 2019 - A.I.S. Resources Ltd. (TSX-V – AIS, OTCQB: AISSF) (the “Company” or “AIS”) announced today that the Company has arranged supply of 30,000 tonnes a month of Manganese ore grading 48-52% Mn and has commenced sale negotiations with Erdos Group, one of the world’s largest buyers of Manganese. AIS has issued a term sheet for a trial shipment of 10,000 tonnes of Manganese to Erdos. Highlights of the A.I.S. Resources Transaction
“The Company is pleased to have found suppliers with such high purity of manganese in the 30,000 tonnes per month range. This will make a considerable difference to the Company’s cashflows when the transaction is completed which we expect will occur in January,” A.I.S. Resources President and CEO, Phillip Thomas, stated. About AIS Resources On Behalf of the Board of Directors, A.I.S. Resources Ltd. Phillip Thomas President and CEO Contact Phillip Thomas - President and CEO Martyn Element 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. Photos accompanying this announcement are available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/c32d11f1-15e1-489b-a77a-233e504eb2d9 https://www.globenewswire.com/NewsRoom/AttachmentNg/ff7cce30-27f5-4da1-b7f5-99905c078314 https://www.globenewswire.com/NewsRoom/AttachmentNg/825fe9d8-45a5-4953-bbf6-ce1106a5b4eb Dieser Artikel stammt von Rohstoff-Welt.de
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