Mr. Martyn Element reports

A.I.S. RESOURCES CLOSES SHARES FOR DEBT TRANSACTION

Further to A.I.S. Resources Ltd.'s press release dated Feb. 24, 2025, the company has settled $380,927.75 of debt through the issuance of an aggregate of 7,618,555 common at a deemed price of five cents per common share.

The company completed the shares-for-debt transaction to improve its financial position by reducing its existing liabilities. All securities issued in connection with the shares-for-debt transaction will be subject to a four-month hold period from the closing date under applicable Canadian securities laws.

Under the debt settlement, 6,429,480 shares were issued to non-arm's-length parties in settlement of $321,474. The participation of certain insiders, being related parties of A.I.S., means that the private placement and shares-for-debt transaction are considered related party transactions within the meaning of Multilateral Instrument 61-101 -- Protection of Minority Security Holders in Special Transactions. The related party transactions will be exempt from minority shareholder approval, information circular and formal valuation requirements of MI 61-101, pursuant to the exemptions contained in Section 5.5(b) of MI 61-101, as A.I.S. is not listed on a specified market within the meaning of MI 61-101, and Section 5.7(1)(b) of MI 61-101, as neither the fair market value of the gross securities to be issued under the related party transactions nor the consideration to be paid by the insiders will exceed $2.5-million.

About A.I.S. Resources Ltd.

A.I.S. Resources focuses on natural resource opportunities, aiming to unlock value by acquiring early-stage projects and providing the necessary technical and financial support to develop them. A.I.S. is guided by a seasoned team of engineers, geologists and finance professionals with a proven record of success in capital markets.

We seek Safe Harbor.