A.I.S. Resources Ltd. announces it has closed its non-brokered private placement of 15,625,000 units at a price of $0.08 per unit for gross proceeds of $1,250,000 . The proceeds will be used for exploration of the Company's gold projects and general working capital purposes. Each Unit consists of one common share and one transferrable share [...]
A.I.S. Resources Ltd. is delighted to report that Fender Geophysics commenced the Induced Polarization Geophysics survey at EL5891 on Monday 11 January 2021. Approximately 36 line kilometres will be measured. This survey will detect the presence of sulphides and other highly conductive elements. Low-resistance anomalies such as areas with sulphides [...]
A.I.S. Resources Ltd. announces that it is amending the terms of its non-brokered private placement previously announced on January 7, 2021. The expiry of the warrants has been increased to 24 months from closing and the warrants will not be subject to accelerated expiry. All other terms of the private placement remain unchanged. Closing of the [...]
A.I.S. Resources Ltd. AIS announces a non-brokered private placement of up to 15,625,000 units at a price of $0.08 per unit for gross proceeds of $1,250,000. . The proceeds will be used for exploration of the Company’s gold projects and general working capital purposes. Each Unit consists of one common share and one transferrable share purchase [...]
In a release issued on January 7, 2021 under the same headline by A.I.S. Resources Ltd. please note that in the first sentence the number of incentive stock options granted was changed from 2,250.000 to 2,250,000. The corrected release follows: VANCOUVER, British Columbia, Jan. 07, 2021 -- A.I.S. Resources Ltd. announces that the Company has [...]
A.I.S. Resources Ltd. announces that the Company has granted a total of 2,250.000 incentive stock options to various directors, and consultants of the Company in accordance with the Company’s stock option plan. Each Option is exercisable into one common share of the Company at a price of $0.08 per Share being the closing price of the Shares on the [...]
A.I.S. Resources Ltd. announces that the initial results from the Deep Ground Penetrating Radar of the Fosterville-Toolleen Gold Property have been received. Response anomalies are evident in the preliminary results with early output provided by LozaRadar in a colored 2D section set out below. The strong near surface response is yet to be fully [...]
A.I.S. Resources Ltd. announces that Derek Reeves, senior geophysicist, and his team Worldwide Geological Services completed 10.3 line kilometres of Deep Ground Penetrating Radar to define the alluvial channels and geological structures on EL006001 . Permission to conduct the geophysics has kindly been provided by the vendor, Providence Gold and [...]
A.I.S. Resources Ltd. announces that it has appointed Senior Geologist Denis M. Walsh to the position of Chief Geologist of A.I.S Resources Ltd. Previously Denis was the Senior Contract Exploration Geologist with Kirkland Lake Gold guiding a team of up to 6 geologists exploring over 1,400sqkm regional exploration tenure surrounding Fosterville. The [...]
A.I.S. Resources Ltd. announces that it has closed its oversubscribed non-brokered Private Placement of 18,970,000 Units at $0.07 per unit for gross proceeds of $1,327,900. Martyn Element Chairman stated, “I am so pleased due to the significant over subscription of this financing. We are now able to aggressively explore our extensive land packages [...]
A.I.S. Resources Ltd. announces that due to significant investor demand it has increased its previously announced financing from up to $700,000 to up to $1,299,900. The non-brokered private placement will increase to up to 18,570,000 units at a price of $0.07 per unit for gross proceeds of up to $1,299,900 . The proceeds will be used for [...]
A.I.S. Resources Ltd. announces that it has signed definitive agreements to acquire the Fosterville-Toolleen and Kingston Gold Projects. Our Primary Focus is the Fosterville-Toolleen Drill-ready Gold Project AIS’s primary focus in the near term will be to make Fosterville-Toolleen drill ready. Exploration Licence EL006001 is located only 12 [...]
