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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 1

A.I.S. RESOURCES ANNOUNCES GRANT OF OPTIONS

Vancouver, British Columbia – January 7, 2021 – A.I.S. Resources Limited (TSX-V – AIS, OTCQB: AISSF) (the

“Company” or “AIS”) 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 TSX Venture Exchange on January 6, 2021. The Options

vested on grant and will expire on January 7, 2026.The stock options granted are subject to the acceptance

of the TSX Venture Exchange.

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’s 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 its portfolio. The Company is managed by a team of

experienced geologists, with a track-record of successful capital markets achievements. In November

2020, AIS received TSX-V approval to acquire the New South Wales Yalgogrin Gold Project JV, the

Fosterville-Toolleen Gold Project and the Kingston Gold Project in Victoria Australia.

Phillip Thomas

CEO

A.I.S. Resources Limited

For further information, please contact:

Phillip Thomas, Chief Executive Officer

Tel: +1-747-200-9412

Email: [email protected]

Or

Martyn Element, Executive Chairman

Tel: +1-604-220-6266

Email: [email protected]

Website: www.aisresources.com

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

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.