A.I.S. Resources Closes Financing
23 Dezembro 2021 - 9:37PM
A.I.S. Resources Limited (TSXV: AIS, OTCQB: AISSF) (the
“Company” or “AIS”) announces the Company has closed its
non-brokered private placement of 5,000,000 shares (“Shares“) at a
price of $0.05 per Share for gross proceeds of $250,000 (the
“Private Placement“). The proceeds will be used for exploration of
the Company’s Australian gold projects and for general working
capital purposes.
Closing of the Private Placement is subject to
acceptance by the TSX Venture Exchange. All securities issued in
connection with the Private Placement will be subject to a
four-month hold period from the closing date under applicable
Canadian securities laws. No finders fees are payable with respect
to this placement.
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 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 9.9km from Kirkland
Lake’s Fosterville gold mine, a 60% interest in the 58 sq km New
South Wales Yalgogrin 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. It also has joint
venture interests with Spey Resources Corp in lithium brines in
Argentina at Incahuasi and Pocitos Salars.
On Behalf of the Board of Directors,A.I.S.
Resources Ltd.Phillip Thomas, President & CEO
Corporate ContactFor further
information, please contact:Phillip Thomas, Chief Executive
OfficerT: +1-323 5155 164E: pthomas@aisresources.com
OrMartyn Element. ChairmanT:
+1-604-220-6266E: melement@aisresources.comWebsite: 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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