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AIS.V ·

Close of Second Tranche of Financing

Financings

Since 1967

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

A.I.S. RESOURCES AMENDS NOVEMBER 1, 2017 NEWS RELEASE ANNOUNCING

CLOSE OF SECOND TRANCHE OF FINANCING

Vancouver, British Columbia – November 7, 2017 – A.I.S. Resources Limited (TSX – NEX: AIS.H,

OTCQB: AISSF) (the “Company” or “AIS”) wishes to amend its news release dated November 01, 2017

in which it announced the closing of the $2,834,000 second tranche of its $4,000,000 non-brokered private

placement.

Finders fees have been amended from $129,395 cash and 646,975 finders warrants to $46,650 cash, 415,975

shares and 646,975 finders warrants.

On Behalf of the Board of Directors,

A.I.S. Resources Limited

Marc Enright-Morin

President and CEO

About A.I.S. Resources

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

lithium 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 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.