Mr. Andrew Neale reports

A.I.S. CONFIRMS THE C29 DECISION ON THE POCITOS 7 & 9 SALARS IN ARGENTINA

A.I.S. Resources Ltd. has confirmed the recent decision of C29 Metals Ltd. not to proceed with its option to acquire an 80-per-cent interest in the Pocitos 7 and 9 lithium concessions in Salta, Argentina. The due diligence completed by C29 confirmed concerns around minimal lithium grade and porosity of the aquifer zone encountered during the C29 drill program. Considering these findings, A.I.S. has declined the opportunity to exercise this option on its own behalf.

Andrew Neale, president and chief executive officer of A.I.S., commented: "This decision, while disappointing, was not unexpected, and simply confirms that not all salars (literally, a salt encrusted depression) contain lithium, and of those that do, not at levels sufficient to support commercial development. We have benefited from the professional relationship with C29, respect their decision, and wish them the best as they focus their efforts on their high potential copper and gold properties in Australia."

About A.I.S. Resources Ltd.

A.I.S. Resources is focused on natural resource opportunities. A.I.S.'s value-add strategy is to acquire early-stage projects and provide technical and financial support to enhance their value. The company is managed by a team of experienced engineers, geologists and investment bankers with a record of successful capital market achievements.

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