00:44:41 EDT Tue 07 Jul 2026
Enter Symbol
or Name
USA
CA



AIS Resources Ltd (2)
Symbol AIS
Shares Issued 44,142,958
Close 2026-07-06 C$ 0.19
Market Cap C$ 8,387,162
Recent Sedar+ Documents

A.I.S. Resources closes $644,000 private placement

2026-07-06 20:38 ET - News Release

Mr. Marc Enright-Morin reports

A.I.S. RESOURCES CLOSES PRIVATE PLACEMENT FINANCING WITH STRATEGIC INVESTOR

Further to the news release of June 19, 2026, A.I.S. Resources Ltd. has closed its private placement of 4.6 million units at a price of 14 cents per unit for gross proceeds of $644,000.

A.I.S. chief executive officer Marc Enright-Morin stated: "The support from our strategic investor, Phillip Richards, comes at an important time as we advance toward our summer drilling program. This financing enhances our capacity to accelerate exploration and continue building momentum across our projects."

Each unit is composed of one common share in the capital of the company and one-half of one transferable share purchase warrant. Each warrant entitles the holder to purchase one common share at a price of 20 cents per warrant share for a period of three years from the issuance date.

Proceeds of the private placement will be used for exploration of the company's New Brunswick projects and general working capital. All securities issued in connection with the private placement will be subject to a four-month hold period from the closing date under applicable Canadian securities laws. No finders' fees were paid in connection with this private placement.

About the Saint John project

The Saint John project is considered prospective for iron oxide copper/gold-style mineralization based on regional geological setting and the company's current exploration model. The property remains at an early stage of exploration, and further work is required to determine whether IOCG-style mineralization is present on the property. The IOCG exploration targets provide strategic exposure to gold, silver (precious metals), copper (energy transition metal), antimony and rhenium (critical minerals) as shown in the historical sampling data.

About the Pocologan project

The Pocologan project is an early-stage copper-gold-silver exploration project located in New Brunswick, Canada. The project is interpreted by the company to have potential for iron oxide copper/gold or magmatic copper-gold-style mineralization, as well as structurally controlled copper-silver-gold targets. Vendor compilation materials identify several target areas, including the Pennfield Station-Pocologan River and Red Head Harbour areas, where historical surface prospecting reportedly outlined copper, gold and silver mineralization associated with gabbroic, granodioritic, altered and sheared host rocks. The project covers approximately 21.5 square kilometres in southern New Brunswick, an established Canadian mining jurisdiction. The project area benefits from favourable infrastructure, including proximity to highways, rail, power, the deepwater port facilities at Saint John and a skilled regional work force.

About the Frenchmans Creek project

The Frenchmans Creek project is an early-stage, district-scale copper-gold-silver exploration project focused on IOCG/magmatic copper-gold and structurally controlled copper-silver-gold targets. Vendor compilation materials identify several target areas, where surface prospecting has outlined copper, gold and silver mineralization associated with gabbroic, granodioritic and altered/sheared host rocks. The project remains at an early exploration stage, and requires systematic verification, mapping, sampling and geophysical work before any conclusions can be made regarding continuity or economic potential.

About A.I.S. Resources Ltd.

A.I.S. Resources is a publicly traded company listed on the TSX Venture Exchange. The company 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.

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