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AIS.V ·

A.i.s. Resources Appoints Phillip Thomas COO as New President and CEO

Management Changes

Since 1967

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

Page 1 of 2

A.I.S. RESOURCES APPOINTS PHILLIP THOMAS COO

AS NEW PRESIDENT AND CEO

VANCOUVER, BRITISH COLUMBIA – August 23, 2018) - A.I.S. RESOURCES LIMITED.

(TSXV: AIS OTCQB: AISSF) (the "Company" or “AIS”) is pleased to announce the appointment

of Phillip Thomas, COO as the new President and CEO of the Company.

Phillip Thomas has functioned as the Company’s COO and director of exploration since October

31, 2016. He has been a key driver of the acquisition and exploration of AIS’s Argentinian lithium

properties.

Phillip has degrees in Geology and Business Marketing and is a certified mineral valuer. He spe-

cializes in lithium brine projects and has deep experience in finance and capital raising, and man-

agement of mining companies, having established a number of significant exploration projects in

Mexico, USA, Chile, Argentina, Arizona and Australia. From 2003 to 2008 he was CEO of Ad-

miralty Resources, and explored the Rincon Salar in Argentina, and put it into production. He is a

member of the Australian Institute of Geoscientists and a Certified Mineral Valuer with the Aus-

tralasian Institute of Mineral Valuers and Appraisers.

Mr. Thomas stated, “I am excited to take on the role of CEO as we continue to grow AIS’s portfolio

of lithium assets in Argentina.”

In conjunction with this appointment, Mr. Marc Enright-Morin has resigned as President, CEO

and Director of the Company. The Company wishes to thank Mr. Enright-Morin for his service

and wishes him the best in his future endeavours.

About A.I.S. Resources

A.I.S. Resources Ltd. is a TSX 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. Through their extensive business and scientific net-

works, they identify and develop early-stage projects worldwide, that have strong potential for

growth with the objective of providing significant returns for shareholders. The Company’s current

activities are focused exclusively on the exploration and development of lithium brine projects in

northern Argentina. It is currently exploring the Guayatayoc and Salinas Grandes salars.

On Behalf of the Board of Directors,

A.I.S. Resources Limited

Since 1967

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

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Martyn Element

Martyn Element, Chairman

Contact

A.I.S. Resources Limited

Martyn Element

Chairman

T: 604 687-6820

E: [email protected]

Phillip Thomas

President & CEO

T: 011 61 3 9943 2374

E: [email protected]

Website: www.aisresources.com