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A.I.S. Resources Granted Voluntary Management Cease Trade Order
Globenewswireยท2025-07-30 23:09

Core Points - A.I.S. Resources Limited has been granted a voluntary management cease trade order due to its inability to file annual financial statements and management's discussion and analysis for the year ended March 31, 2025 within the required timeframe [1][2] - The company faced challenges in completing the year-end audit due to insufficient funds to settle the outstanding audit fee, but it expects to obtain loan financing to resolve this issue [2] - A.I.S. Resources Limited plans to file its annual financial statements and MD&A by September 29, 2025, and will provide bi-weekly default status reports until the management cease trade order is revoked [3] Company Overview - A.I.S. Resources Limited is a publicly traded company on the TSX Venture Exchange, focusing on natural resource opportunities and aiming to unlock value through early-stage project acquisitions [4] - The company is supported by a team of experienced engineers, geologists, and finance professionals with a successful track record in capital markets [4]