A.I.S. Resources Appoints Andrew Neale to the Board of Directors
Management Changes
A.I.S. Resources Limited 1120 – 789 West Pender Street Vancouver BC V6C 1H2 Canada www.aisresources.com
| A.I.S. Resources Appoints Andrew Neale to the Board of Directors | |
| Vancouver, British Columbia, March 15, 2023 – A.I.S. Resources Limited (TSX.V: AIS, OTCQB: AISSF) (the | |
| “Company” or “AIS”) is pleased to announce the appointment of Andrew Neale as a director of the | |
| Company. | |
| Andrew is a Canadian engineer who has been involved in all aspects of the mining industry since the late | |
| 80s. Starting his career in Canada with Falconbridge and Noranda, Andrew joined PT Freeport Indonesia | |
| in 1993, completing his career with Freeport as VP–Technical Services in 2005 with wide ranging | |
| responsibilities for the Grasberg open pit and underground mines, including engineering and | |
| construction. Andrew also led the Freeport team that exposed the Bre-X (Busang) gold fraud. Andrew | |
| has worked extensively in Canada, Central and South America, and South-East Asia in various roles, | |
| ranging from CEO and COO positions with various public and private companies, through to Project | |
| Management and various international technical & financial consulting roles. | |
| Martyn Element stated, “I can’t say enough about how pleased I am to have a man of the quality of | |
| Andrew Neale join our board. I met Andrew over a decade ago, when he was running a highly successful | |
| mining company Hemco in Nicaragua processing ore mined by over 5,000 licensed artisanal miners which | |
| was bought out for $100 Million by a Columbian investment group. We are excited to welcome Mr. | |
| Neale to AIS’s board and look forward to the depth of skills and experience he will contribute to the | |
| Company. With our future aspirations for AIS I could not think of a better addition to the Company at | |
| this time.” | |
| About A.I.S. Resources Limited | |
| A.I.S. Resources Limited is a publicly traded investment issuer listed on the TSX Venture Exchange | |
| focused on lithium, gold, precious and base metals exploration. AIS’s value add strategy is to acquire | |
| prospective exploration projects and enhance their value by better defining the mineral resource with a | |
| view to attracting joint venture partners and enhancing the value of our portfolio. The Company is | |
| managed by a team of experienced geologists and investment bankers, with a track-record of successful | |
| capital markets achievements. | |
| AIS has a 20% joint venture interest with Spey Resources Corp. in the Incahuasi lithium brine project in | |
| Argentina. AIS has further options to acquire four lithium concessions in the Pocitos Salar and one | |
| lithium concession in the Cauchari Salar in Argentina. AIS has granted the option to acquire the Pocitos | |
| 1 and 2 licences to Spey Resources by June 30, 2023 (subsequently optioned by Spey to Recharge | |
| Resources Ltd.). If exercised AIS will retain a 7.5% royalty. AIS has granted an option to acquire an 80% | |
| interest in the Pocitos 7 and 9 licences to C29 Metals Limited by June 30, 2023. AIS owns 100% of the | |
| 28 sq km Fosterville-Toolleen Gold Project located 9.9 km from Kirkland Lake’s Fosterville gold mine, a | |
| 60% interest in the 57 sq km Bright Gold Project (with the right to acquire 100%), and 100% interest in | |
| the 167 sq km Kingston Gold Project in Victoria, Australia near Stawell and Navarre. | |
| On Behalf of the Board of Directors, | |
| A.I.S. Resources Limited |
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| ited | ||
| A.I.S. Resources Lim | ||
| Martyn Element | ||
| President, CEO, Chairman | ||
| Corporate Contact | ||
| For further information, please contact: | ||
| Martyn Element. Chairman | ||
| T: +1-604-220-6266 | ||
| E:[email protected] | ||
| Website:www.aisresources.com | ||
| Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the | ||
| TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. | ||
| ADVISORY: This press release contains forward-looking statements. Although the Company believes that the | ||
| expectations reflected in these forward-looking statements are reasonable, undue reliance should not be placed | ||
| on them because the Company 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 forward-looking statements contained in this press release are made as of the date hereof and the Company | ||
| 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. |
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