A.I.S. Resources Closes First Tranche Non-Brokered Private Placement
Globenewswire·2025-09-29 10:30

Core Viewpoint - A.I.S. Resources Limited has successfully closed the first tranche of a non-brokered private placement, raising gross proceeds of $81,000 through the issuance of 2,700,000 shares at a price of $0.03 per share [1][2] Group 1: Private Placement Details - The proceeds from the private placement will be allocated for audit fees and general office expenses [2] - There are no payments proposed to non-arm's length parties or individuals conducting Investor Relations activities, and no finders fees are payable [2] - The closing of the private placement is subject to final acceptance by the TSX Venture Exchange, and all securities issued will be subject to a four-month hold period under Canadian securities laws [2] Group 2: Company Overview - A.I.S. Resources Limited is a publicly traded company on the TSX Venture Exchange, focusing on natural resource opportunities [3] - The company aims to unlock value by acquiring early-stage projects and providing necessary technical and financial support for their development [3] - A.I.S. is guided by a team of experienced engineers, geologists, and finance professionals with a proven track record in capital markets [3]

A.I.S. Resources Closes First Tranche Non-Brokered Private Placement - Reportify