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...
iMetal Resources Announces Non-Brokered Private Placement

iMetal Resources Announces Non-Brokered Private Placement

iMetal Resources Inc. (TSXV: IMR,OTC:IMRFF) (OTCQB: IMRFF) (FSE: A7VA) ("iMetal" or the "Company") is pleased to announce that it will offer (the "Offering") up to 40,000,000 units (each, a "Unit") at a price of $0.10 per Unit, by way of non-brokered private placement, for gross proceeds of up... Keep Reading...
Wooden gavel with long handle rests on a gray marble surface, casting a shadow.

Court Validates Seabridge Gold’s Work Status on Stalled KSM Project

Seabridge Gold (TSX:SEA,NYSE:SA) has secured a favorable but conditional ruling from the BC Supreme Court regarding the development status of its long-stalled KSM project.The court has upheld the BC Environmental Assessment Office’s (EAO) determination that Seabridge had "substantially started"... Keep Reading...
Chris Blasi, gold bars.

Chris Blasi: Gold Bull Run Not Over, "Ultimate Target" Still Much Higher

Chris Blasi, president of Neptune Global, says gold's price run isn't over — while he expects a summer of consolidation, he believes the metal is still in a bull market. He also shares his thoughts on silver, platinum and palladium. Don't forget to follow us @INN_Resource for real-time... Keep Reading...
Stock market graph over gold bars with text reading: "Weekly Editor’s Picks."

Editor's Picks: Gold, Silver Prices Take a Hit, Russia Makes Bold Gold Claim

Gold was shaping up to have a fairly calm week, but a stronger-than-expected US jobs report sent it well under US$4,400 per ounce as the period came to an end.Silver also took a hit, dropping below US$69 per ounce.The report, which shows that nonfarm payrolls rose by 172,000 in May, has further... Keep Reading...
Gold bars overlayed with a Russian flag and financial graphs in the background.

Russia Claims Record Gold Output as Production Estimates Diverge

Russia's natural resources minister surprised the mining industry this week with news that the country's gold output may have hit 485 metric tons in 2025, and should come in at 480 to 500 metric tons this year. The figures are in contrast to independent estimates — according to Metals Focus,... Keep Reading...
Chris Vermeulen, gold bars.

Chris Vermeulen: Gold, Silver Prices — My Upside and Downside Targets

Chris Vermeulen, chief market strategist at TheTechnicalTraders.com, shares his outlook for gold and silver, saying he believes the current cycle is only halfway through. However, he thinks prices for both metals could fall further before resuming their uptrend.Don’t forget to follow us... Keep Reading...

Interactive Chart

Latest Press Releases

Related News