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AIS.V ·

A.i.s. Resources Announces Grant of Options

Share Capital & Compensation

Since 1967

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

Page 1 of 2

A.I.S. RESOURCES ANNOUNCES GRANT OF OPTIONS

Vancouver, British Columbia – July 23, 2019 – A.I.S. Resources Limited (TSX-V – AIS, OTCQB:

AISSF) (the “Company” or “AIS”) announces that the Company has granted a total of 4,085,000

incentive stock options to various directors, officers, employees, and consultants of the Company.

The stock options were granted on July 23, 2019 with an exercise price of $0.10 per share for a

five-year period from the date of grant and vest immediately. The stock options granted are

subject to the acceptance of the TSX Venture Exchange.

About A.I.S. Resources

A.I.S. Resources Ltd. is a TSX-V listed investment issuer, is managed by experienced, highly

qualified professionals who have a long track record of success in lithium and manganese trading,

exploration, production and capital markets. Through their extensive business and mining

networks, they identify and develop projects worldwide that have strong potential for growth with

the objective of providing significant returns for shareholders. The Company's current activities

are focused on the mining and trading of manganese ores in Peru, and exploration and

development of lithium brine projects in northern Argentina.

On Behalf of the Board of Directors, A.I.S. Resources Limited

Phillip Thomas

President and CEO

Contact

Phillip Thomas - President and CEO

E: [email protected]

Website: www.aisresources.com

Martyn Element

Chairman

T: 604 687-6820

E: [email protected]

ADVISORY: This press release contains forward-looking statements. 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 reasonable, undue reliance should not be placed

Since 1967

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

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on them 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 inherent risks and uncertainties. The intended use of the proceeds of

the Private Placement by the Corporation might change if the board 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 statements contained in this

press release are made as of the date hereof and the Corporation 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.