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AIS.V ·

A.i.s. Resources Makes Significant Progress with Pilot Plant Production Chemistry

Metallurgy & Processing

Since 1967

TSX-V: AIS OTCQB: AISSF A.I.S. Resources Ltd.

Page 1 of 4

A.I.S. RESOURCES MAKES SIGNIFICANT PROGRESS

WITH PILOT PLANT PRODUCTION CHEMISTRY

Vancouver, British Columbia – December 19, 2017 – A.I.S. Resources Limited (TSX-V – AIS,

OTCQB: AISSF) (the “Company” or “AIS”) announces it has completed the mass balance

chemistry and process engineering that will be used to determine the raw materials used

to purify the lithium brines from its Guayatayoc project. This process engineering infor-

mation will be used in the design, engineering, and construction of an 8-10,000 tonne

lithium carbonate plant.

The analysis used fractional crystallization and ion exchange resins to purify the lithium

carbonate to higher than 99.5% Lithium Carbonate. The work was conducted in Salta and

will be replicated at Guayatayoc at a later stage to ensure that the reduction in air pressure

has no material impact.

The project is located in Jujuy Province along highway 11, 15 kilometres from the town of

Abralaite in the Puna plateau at 3,412m. The completion of this work allows the project

team led by Phil Thomas, COO to focus on drilling, and production geohydrology when

permits are issued.

This concentrate will be converted into lithium carbonate samples for customers glob-

ally to begin qualifying AIS’s lithium products. Samples will be provided to those com-

panies that have expressed interest in buying the lithium carbonate for their assessment.

The pilot plants we have access to have a production capacity of approximately 500kg

per week. Full sample production will commence in the new year.

Since 1967

TSX-V: AIS OTCQB: AISSF A.I.S. Resources Ltd.

Page 2 of 4

Phil Thomas stated “This is a significant milestone we’ve achieved. We now have proof

of process, that can be scaled up to 10,000 tonnes. The data we have is extremely valu-

able covering all the phases in the process, and after pumping tests are completed will

allow us to go to design, engineering and construction. We are making good progress

on our drilling application and will commence drilling Guayatayoc as soon as it is

granted. Having immediate access to large pilot plants and a laboratory has saved many

hours of downtime and allowed us to complete raw material calculations and manage

various brine concentrations. We are delighted with our results.”

Since 1967

TSX-V: AIS OTCQB: AISSF A.I.S. Resources Ltd.

Page 3 of 4

Qualified Person

Phillip Thomas, BSc Geol, MBusM, MAIG, MAIMVA, (CMV), a Qualified Person as defined

under NI 43-101 regulations, has reviewed the technical information that forms the basis

for portions of this news release, and has approved the disclosure herein. Mr. Thomas is

not independent of the Company as he is an officer and shareholder.

On Behalf of the Board of Directors,

A.I.S. Resources Limited

Marc Enright-Morin

Marc Enright-Morin

President and CEO

About A.I.S. Resources

Since 1967

TSX-V: AIS OTCQB: AISSF A.I.S. Resources Ltd.

Page 4 of 4

A.I.S Resources Limited a TSX-V 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 network, 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 most recent activities have been the exploration of lith-

ium properties in Northern Argentina.

Contact

A.I.S. Resources Limited

Marc Enright-Morin

President and CEO

T: 778-892-5455

E: [email protected]

W: 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 na-

ture 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 Cor-

poration 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 obliga-

tions 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.