A.I.S. Resources Announces Warrants Extension
Share Capital & Compensation
A.I.S. Resources Limited 1120 – 789 West Pender Street Vancouver BC V6C 1H2 Canada www.aisresources.com
| A.I.S. RESOURCES ANNOUNCES WARRANTS EXTENSION | |
| Vancouver, British Columbia May 8, 2023 – A.I.S. Resources Limited (TSXV: AIS, OTCQB: AISSF) (the “Company” or “AIS”) | |
| announces that it intends, subject to TSX Venture Exchange approval, to extend the term of 16,240,000 warrants expiring on | |
| May 9, 2023. The share purchase warrants were issued pursuant to a private placement of 16,240,000 units accepted for | |
| filing by the TSXV on April 5, 2022. The warrants will be extended for a period of one year until May 9, 2024. The exercise | |
| price remains unchanged at $0.05. | |
| 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’ 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 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. AIS has further options to achieve a 7.5% royalty in Pocitos 1 and | |
| Pocitos 2 lithium brine projects, a 20% equity interest in Pocitos 7 and 9 lithium brine projects and a 20% joint venture interest | |
| with Spey Resources Corp. in the Incahuasi lithium brine project. | |
| On Behalf of the Board of Directors, | |
| A.I.S. Resources Limited | |
| Martyn Element | |
| President, CEO, Chairman | |
| Corporate Contact | |
| For further information, please contact: | |
| Martyn Element | |
| 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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