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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
A.I.S. Resources Ltd. confirms the Company will not proceed with the option to acquire a 100% interest in the 1,525 hectare Yareta XIII lithium concessions in Salta, Argentina. Andrew Neale, President & CEO of AIS commented, "AIS acquired this option in June 2021 as part of a larger package of lithium properties arranged by the company's previous [...]
A.I.S. Resources Ltd. wishes to confirm the recent decision of C29 Metals Limited not to proceed with their option to acquire an 80% interest in the Pocitos 7 & 9 lithium concessions in Salta, Argentina. The due diligence completed by C29, confirmed concerns around minimal lithium grade and porosity of the aquifer zone encountered during the C29 [...]
A.I.S. Resources Ltd. is pleased to announce the appointment of Andrew Neale as President and CEO of the Company, in addition to his role as Director as announced on March 15th, 2023. Martyn Element, Chairman, stated, "Speaking on behalf of AIS we are pleased that Andrew Neale has agreed to join our executive team, allowing me to re-focus my [...]
