A.i.s. Resources Closes Financing
A.I.S. RESOURCES CLOSES FINANCING
Vancouver, British Columbia, December 23, 2021 – A.I.S. Resources Limited (TSXV: AIS, OTCQB: AISSF) (the
“Company” or “AIS”) announces the Company has closed its non-brokered private placement of 5,000,000
shares (“Shares“) at a price of $0.05 per Share for gross proceeds of $250,000 (the “Private Placement“).
The proceeds will be used for exploration of the Company’s Australian gold projects and for general
working capital purposes.
Closing of the Private Placement is subject to acceptance by the TSX Venture Exchange. All securities
issued in connection with the Private Placement will be subject to a four-month hold period from the
closing date under applicable Canadian securities laws. No finders fees are payable with respect to this
placement.
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’ 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 our portfolio. The Company is managed by a team of
experienced geologists and investment bankers, with a track-record of successful capital markets
achievements.
AIS owns 100% of the 28 sq km Fosterville-Toolleen Gold Project located 9.9km from Kirkland Lake’s
Fosterville gold mine, a 60% interest in the 58 sq km New South Wales Yalgogrin Gold Project (with the
right to acquire 100%), and 100% interest in the 167 sq km Kingston Gold Project in Victoria Australia near
Stawell and Navarre. It also has joint venture interests with Spey Resources Corp in lithium brines in
Argentina at Incahuasi and Pocitos Salars.
On Behalf of the Board of Directors,
A.I.S. Resources Ltd.
Phillip Thomas, President & CEO
Corporate Contact
For further information, please contact:
Phillip Thomas, Chief Executive Officer
T: +1-323 5155 164
Or
Martyn Element. Chairman
T: +1-604-220-6266
Website: www.aisresources.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.
ADVISORY: This press release contains forward-looking statements. Although the Company believes that the expectations reflected in these
forward-looking statements are reasonable, undue reliance should not be placed on them because the Company 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 forward-looking statements contained in this press release are made as of the date hereof and the Company 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.