A.i.s. Resources Closes Financing
Since 1967
TSX-V: AIS A.I.S. Resources Limited
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A.I.S. RESOURCES CLOSES FINANCING
Vancouver, British Columbia – September 19, 2019 – A.I.S. Resources Limited (TSX-V – AIS,
OTCQB: AISSF) (the “Company” or “AIS”) is pleased to announce that it has completed the sale of
2,322,250 units (" Units") at $0.08 per unit for gross proceeds of $185,780, (the " Private
Placement"). The proceeds will be used for general working capital purposes.
Each Unit consists of one common share and one transferrable share purchase warrant. Each
warrant will entitle the holder thereof to purchase one additional common share for a period of
12 months from the closing date of the offering at a price of $0.12 per common share provided
that if the closing price of the common shares of the Company on any stock exchange or
quotation system on which the common shares are then listed or quoted is equal to or greater
than $0.15 for a period of fifteen (15) consecutive trading days, the Company will have the right
to accelerate the expiry of the warrants to a date that is not less than ten (10) business days from
the date notice is given. The Company will pay no finders fees in relation to the Private Placement.
The Common Shares issued pursuant to the Private Placement and the exercise of the warrants
will be subject to a hold period of four months and one day from the closing date of the Private
Placement, in accordance with applicable Canadian securities laws. Closing is subject to final
acceptance by the TSX Venture Exchange.
The Private Placement securities have not been and will not be registered under the U.S. Securities
Act of 1933, as amended (the "1933 Act"), or under any state securities laws, and may not be
offered or sold, directly or indirectly, or delivered within the United States or to, or for the account
or benefit of, U.S. persons (as defined in Regulation S under the 1933 Act) absent registration or
an applicable exemption from the registration requirements. This news release does not constitute
an offer to sell or a solicitation to buy such securities in the United States.
About A.I.S. Resources
A.I.S. Resources Ltd. 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
Since 1967
TSX-V: AIS A.I.S. Resources Limited
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Website: www.aisresources.com
Martyn Element
Chairman
T: 604 687-6820
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.