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AIS Resources Ltd
Symbol AIS
Shares Issued 52,542,766
Close 2018-08-22 C$ 0.145
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A.I.S. Resources appoints Thomas as president, CEO

2018-08-23 10:01 ET - News Release

Mr. Martyn Element reports


A.I.S. Resources Ltd. has appointed Phillip Thomas (currently the chief operating officer of the company) as the new president and chief executive officer of the company.

Mr. Thomas has functioned as the company's chief operating officer and director of exploration since Oct. 31, 2016. He has been a key driver in the acquisition and exploration of the company's lithium properties in Argentina.

Mr. Thomas has degrees in geology and business marketing. He is also a certified mineral valuer. He specializes in lithium brine projects and has deep experience in finance and capital raising, as well as management of mining companies, having established a number of significant exploration projects in Mexico, the United States, Chile, Argentina, Arizona and Australia. From 2003 to 2008, he was chief executive officer of Admiralty Resources. Mr. Thomas explored the Rincon salar in Argentina and put it into production. He is a member of the Australian Institute of Geoscientists and a certified mineral valuer with the Australasian Institute of Mineral Valuers and Appraisers.

Mr. Thomas commented, "I am excited to take on the role of CEO as we continue to grow A.I.S.'s portfolio of lithium assets in Argentina."

In conjunction with this appointment, Marc Enright-Morin has resigned as president, chief executive officer and a director of the company. The company wishes to thank Mr. Enright-Morin for his service and wishes him the best in his future endeavours.

About A.I.S. Resources Ltd.

A.I.S. Resources is a Toronto Stock Exchange-listed investment issuer, was established in 1967 and is managed by experienced, highly qualified professionals, who have a long record of success in lithium exploration, production and capital markets. Through their extensive business and scientific networks, they identify and develop early-stage projects worldwide that have strong potential for growth with the objective of providing significant returns for shareholders. The company's current activities are focused exclusively on the exploration and development of lithium brine projects in northern Argentina. It is currently exploring the Guayatayoc and Salinas Grandes salars.

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