Mr. Andrew Neale reports

A.I.S. RESOURCES OPTIONS CANDELA II INTEREST TO AMERICAN SALARS LITHIUM INC.

A.I.S. Resources Ltd. has reached an agreement with American Salars Lithium Inc. on an option agreement on the Candela II lithium brine project located in the Incahuasi Salar, Salta province, Argentina.

The Candela II lithium brine project contains a National Instrument 43-101 inferred mineral resource estimate of 86,000 tonnes of lithium metal, equating to 457,000 tonnes of in situ lithium carbonate equivalent. Current lithium carbonate spot prices are in excess of $22,000/tonne.

American Salars may exercise the option, over a five-year period, to earn a 100-per-cent ownership interest in Spey Resources Argentina SA, by making cash payments totalling $2,447,500 and issuing 6.6 million shares at a deemed price of 30 cents per share. A.I.S. holds a 20-per-cent equity interest in Spey Resources Argentina and will receive its share of the proceeds on a pro rata basis.

Andrew Neale, president and chief executive officer of A.I.S., commented: "American Salars is an exploration company focused on developing high-value battery metals projects and are ideally positioned to further advance the Candela II project. We have been very impressed with the professionalism and capabilities of the American Salars personnel and wish them every success in their ongoing efforts in Argentina."

About A.I.S. Resources Ltd.

A.I.S. Resources is a publicly traded investment issuer listed on the TSX Venture Exchange focused on various natural resource opportunities. The company'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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