CORRECTING and REPLACING - A.I.S. Resources Announces Grant of Options

In a release issued on January 7, 2021 under the same headline by A.I.S. Resources Limited (TSX-V:AIS, OTCQB:AISSF) please note that in the first sentence the number of incentive stock options granted was changed from 2,250.000 to 2,250,000. The corrected release follows:

A.I.S. Resources Limited (TSX-V AIS, OTCQB: AISSF) (the "Company" or "AIS") announces that the Company has granted a total of 2,250,000 incentive stock options to various directors, and consultants of the Company in accordance with the Company's stock option plan. Each Option is exercisable into one common share of the Company at a price of $0.08 per Share being the closing price of the Shares on the TSX Venture Exchange on January 6, 2021. The Options vested on grant and will expire on January 7, 2026.The stock options granted are subject to the acceptance of the TSX Venture Exchange.

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's 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 its portfolio. The Company is managed by a team of experienced geologists, with a track-record of successful capital markets achievements. In November 2020, AIS received TSX-V approval to acquire the New South Wales Yalgogrin Gold Project JV, the Fosterville-Toolleen Gold Project and the Kingston Gold Project in Victoria Australia.

Phillip Thomas
CEO

A.I.S. Resources Limited
For further information, please contact:
Phillip Thomas, Chief Executive Officer
Tel: +1-747-200-9412
Email: pthomas@aisresources.com
Or
Martyn Element, Executive Chairman
Tel: +1-604-220-6266
Email: melement@aisresources.com
Website: 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.


Primary Logo

News Provided by GlobeNewswire via QuoteMedia

The Conversation (0)
A.I.S. Resources

A.I.S. Resources

Exploring and Expanding Australian Gold Assets

Exploring and Expanding Australian Gold Assets Keep Reading...
Expanded drilling returns significant gold results at Kada

Expanded drilling returns significant gold results at Kada

Asara Resources (AS1:AU) has announced Expanded drilling returns significant gold results at KadaDownload the PDF here. Keep Reading...
Quarterly Activities Report

Quarterly Activities Report

Corazon Mining (CZN:AU) has announced Quarterly Activities ReportDownload the PDF here. Keep Reading...
Quarterly Appendix 5B Cash Flow Report

Quarterly Appendix 5B Cash Flow Report

Corazon Mining (CZN:AU) has announced Quarterly Appendix 5B Cash Flow ReportDownload the PDF here. Keep Reading...
LaFleur Minerals

LaFleur Minerals Achieves Major Milestone at Beacon Gold Mill

Canadian company LaFleur Minerals (CNSX:LFLR) is now fully permitted and funded to restart production at its Beacon Gold Mill and Swanson Gold Deposit in Abitibi, Quebec, Canada’s largest gold-producing belt.The company shared in a virtual investor conference that it is “evolving from explorer... Keep Reading...
Wooden gavel with long handle rests on a gray marble surface, casting a shadow.

Belo Sun Secures Judicial Victory for Volta Grande Project

Belo Sun Mining (TSX:BSX,OTCQB:BSXGF) announced it has received the final dismissal of a longstanding civil lawsuit that had posed a significant legal hurdle for its Volta Grande gold project in Brazil's Amazon region.Brazil's Federal Regional Court of the 1st Region (TRF1) permanently dismissed... Keep Reading...
Quarterly Activities/Appendix 5B Cash Flow Report

Quarterly Activities/Appendix 5B Cash Flow Report

Piche Resources (PR2:AU) has announced Quarterly Activities/Appendix 5B Cash Flow ReportDownload the PDF here. Keep Reading...

Interactive Chart

Latest Press Releases

Related News