AIS Resources grants options to buy 2.46 million shares

Aug 26, 2020

2020-08-25 23:31 ET – News Release

Mr. Phillip Thomas reports

A.I.S. RESOURCES ANNOUNCES GRANT OF OPTION

AIS Resources Ltd. has granted a total of 2,465,000 incentive stock options to various directors, officers, employees 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 seven cents per share being the closing price of the shares on the TSX Venture Exchange on Aug. 25, 2020. The options vested on grant and will expire on Aug. 25, 2025.

The stock options granted are subject to the acceptance of the TSX Venture Exchange.

About AIS Resources Ltd.

AIS Resources is a publicly traded investment issuer listed on the TSX Venture Exchange focused on precious and base metal exploration. The company is managed by a team of experienced mining and geological professionals. AIS has been involved in manganese trading from mines in Peru. In July/August, 2020, AIS entered into agreements to acquire and develop the Tooleen-Fosterville gold project in Victoria, Australia, and the Yalgogrin gold project in central New South Wales, Australia.

We seek Safe Harbor.

https://aisresources.com/