A.I.S. Resources Closes Non-Brokered Private Placement
From GlobeNewswire: 2025-04-25 23:18:00
A.I.S. Resources Limited has closed a non-brokered private placement, raising $43,135 through the issuance of 1,232,417 units at $0.035 per unit. Each unit includes a common share and a transferable share purchase warrant, allowing the holder to purchase an additional common share at $0.05 within 2 years. The proceeds will be used for general working capital purposes, with no payments to non-arm’s length parties. The company’s key gold projects in Australia include Fosterville-Toolleen, Bright, and Kingston, totaling over 250 km² in the highly prospective Lachlan Fold Belt. The region may hold up to 75 million ounces of undiscovered gold.
A.I.S. Resources Limited is a publicly traded company on the TSX Venture Exchange focused on natural resource opportunities. With a seasoned team of professionals, the company aims to unlock value by acquiring early-stage projects and providing the necessary support for development. The company’s forward-looking statements caution against undue reliance, highlighting inherent risks and uncertainties. The press release emphasizes the importance of updating information as required by applicable securities laws.
Read more at GlobeNewswire: A.I.S. Resources Closes Non-Brokered Private Placement