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AIS Announces Successful Ugamp Meeting

Corporate Updates

Since 1967

TSX-V: AIS A.I.S. Resources Limited

Page 1 of 3

AIS ANNOUNCES SUCCESSFUL UGAMP MEETING

Vancouver, British Columbia – July 13, 2018 – A.I.S. Resources Limited (TSX-V: AIS, OTCQB: AISSF)

(the “Company” or “AIS”) is pleased to advise shareholders that the UGAMP meeting of the Pro-

vincial Mining Environmental Management Unit was convened on July 5, 2018 to review the

Company’s exploration plans for the Guayatayoc project.

The meeting went very well with no objections to AIS’s exploration activities being raised. A 30-

day consultation period is now in effect, during which time further information may be requested

by the three communities affected. One of the commu nities Quebraleña, has already signed an

assembly document regarding AIS’s planned exploration work program.

Marc Morin CEO stated. “The Secretary for the Department of Mines along with his officers were

very supportive of our project. He asked AIS to follow up with his department in the next 10 days

to get an update on the status of the issue of the drilling permit.”

AIS has a drilling company on standby in anticipati on of receipt of its drilling permit. The Com-

pany intends to complete its seismic analysis, drill six holes to a depth of 350 meters each to test

targets at its Guayatayoc concessions. Initially roads will be constructed, then drill pads and four

10,000 litre water tanks.

About Guayatayoc Property

AIS has an option over 5,225 ha in the Guayatayoc Salar which hosts favourable geology for lith-

ium and was previously mined for boron, which is closely associated with lithium deposition. The

salar is adjacent to the Salinas Grades salar and i s situated 46km from the main sealed high-

way. The Company’s January 2017 sampling program sampled two trenches where values of 920

ppm and 270 ppm of Li with Mg to Li Ratios of 1:1 (Refer to February 1, 2017 News Release) were

discovered. Thirty five pits were also sampled wit h encouraging results (refer to February 22,

2017 News Release). Magnesium to lithium ratios were less than 4 to 1, which is excellent for low

cost processing. The Company has produced 22 kilograms of samples to date. The AIS team met

with Dr. R L Steinmetz PhD and representatives from the National Scientific and Technical Re-

search Council (CONICET) who was able to provide valuable seismic, stratigraphy and other geo-

logical evidence to support the Company’s explorati on program. Dr. Steinmetz published her

PhD thesis on the Guayatayoc basin in 2013 (Refer t o the Company’s 43-101 report for details).

AIS may purchase 100% of the Guayatayoc Property by paying $4.5million USD by October 11,

2018.

Since 1967

TSX-V: AIS A.I.S. Resources Limited

Page 2 of 3

Representatives of the following groups attended the UGAMP meeting:

Secretaria de Gestión Ambiental. Secretary of Environmental Management

Secretaria de Derechos Humanos. Secretary of Human Rights.

Secretaria de Salud Pública. Secretary of Public Health.

Dirección Provincial de Políticas Ambientales y

Recursos Naturales.

Provincial Directorate of Environmental Policies

and Natural Resources.

Dirección de Control Agropecuario. Directorate of Agricultural Control.

Dirección de Industria y Comercio. Directorate of Industry and Commerce.

Dirección de Recursos Hídricos. Directorate of Water Resources

Universidad Nacional de Jujuy (UNJU) National University of Jujuy (UNJU)

Centro de Geólogos. Geologists Center

Asociacion Obrera Minera Argentina (AOMA). Argentina Mining Workers Association (AOMA).

Empresarios Mineros (Camara Minera). Mining Businessmen

Comunidades Indígenas de la zona Proyecto

Minero (Quebraleña , San Miguel de Las

Colorados and Rincondillas).

Indigenous Communities of the Mining Project

zone (Quebraleña, San Miguel de Las Colorados

and Rincondillas).

Autoridades Municipales de la zona del Proyecto

Minero. Municipal Authorities of the Mining Project area

Departamento de Control y Policía Minera quien

tendrá a su cargo la coordinación de la UGAMP.

Department of Control and Mining Police who

will be in charge of the coordination of the

UGAMP.

Unidad de Gestión Quebrada de Humahuaca. Quebrada de Humahuaca Management Unit.

Since 1967

TSX-V: AIS A.I.S. Resources Limited

Page 3 of 3

Qualified person

Phillip Thomas, BSc, Geol, MBusM, MAIG, MAIMVA, (CMV), a qualified person as defined under

National Instrument 43-101 regulations, has reviewed the technical information that forms the

basis of this news release, and has approved the disclosure herein. Mr. Thomas is not

independent of the Company as he is an officer and shareholder.

About A.I.S. Resources

A.I.S. Resources Ltd. is a TSX-V listed investment issuer, was established in 1967 and is managed

by experienced, highly qualified professionals, who have a long track record of success in lithium

exploration, production and capital markets. Throug h their extensive business and scientific

networks, they identify and develop early-stage pro jects worldwide, that have strong potential

for growth with the objective of providing signific ant returns for shareholders. The Company’s

current activities are focused exclusively on the e xploration and development of lithium brine

projects in northern Argentina.

On Behalf of the Board of Directors,

A.I.S. Resources Limited

Marc Enright-Morin

Contact

A.I.S. Resources Limited

Marc Enright-Morin

President and CEO

T: 778-892-5455

E: [email protected]

Website: www.aisresources.com

ADVISORY: This press release contains forward-looking statem ents. More particularly, this press release contains statements

concerning the anticipated use of the proceeds of the Private Placement. Although the Corporation believes that the expectations

reflected in these forward-looking statements are r easonable, undue reliance should not be placed on t hem because the

Corporation 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 inher ent risks and uncertainties. The intended use of th e proceeds of the Private

Placement by the Corporation might change if the bo ard of directors of the Corporation determines that it would be in the best

interests of the Corporation to deploy the proceeds for some other purpose. The forward-looking statem ents contained in this

press release are made as of the date hereof and th e Corporation undertakes no obligations to update p ublicly 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.