04:11:38 EDT Fri 17 May 2024
Enter Symbol
or Name
USA
CA



AIS Resources Ltd (2)
Symbol AIS
Shares Issued 20,421,540
Close 2024-04-29 C$ 0.05
Market Cap C$ 1,021,077
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A.I.S. Resources appoints McCleery as director

2024-04-30 14:54 ET - News Release

Mr. Andrew Neale reports

A.I.S. RESOURCES APPOINTS JOHN MCCLEERY TO THE BOARD OF DIRECTORS

A.I.S. Resources Ltd. has appointed John McCleery as a director of the company.

Mr. McCleery is a mining entrepreneur with over 40 years of experience in resource exploration, development and financing of projects globally. Most recently, Mr. McCleery co-founded Creston Moly and served as director and head of corporate development, where he spearheaded over $40-million in equity financing to acquire and advance the El Creston project in Mexico. Under his co-leadership, the El Creston project advanced to become Mexico's largest molybdenum deposit, advancing through to prefeasibility in under two years and was subsequently acquired by Mercator Minerals for $195-million.

Mr. McCleery has established a reputation as the catalyst behind various successful start-up and early-stage resource companies bringing new sources of projects and capital.

Martyn Element stated: "We are excited to welcome John to A.I.S.'s board. His experience and success will be an invaluable contribution to the company."

The company has granted a total of 500,000 incentive stock options to Mr. McCleery in accordance with the company's stock option plan. Each option is exercisable into one common share of the company at a price of five cents per share. The options vest on the date of grant and will expire five years from the date of grant. The stock options granted are subject to the acceptance of the TSX Venture Exchange.

About A.I.S. Resources Ltd.

A.I.S. Resources is a publicly traded investment issuer listed on the TSX-V focused on various 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 track record of successful capital market achievements.

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