A.I.S. Resources Closes Non-Brokered Private Placement & Provides Corporate Update
Globenewswire·2025-12-20 00:01

Core Points - A.I.S. Resources Limited closed a non-brokered private placement of 2,700,000 shares at $0.03 per share, raising gross proceeds of $81,000 on September 29, 2025 [1] - The proceeds from the private placement were allocated for audit fees and general office expenses, with no payments to non-arm's length parties or finders fees [2] - The company completed the sale of 25% of its interest in Buda Juice LLC for USD $500,000 on November 17, 2025 [3] - Following the revocation of a cease trade order, the company applied for reinstatement to trading with the TSX Venture Exchange on November 19, 2025 [4] - The company has withdrawn a previously proposed private placement as part of the exchange's review process [5] - A promissory note of $139,149 was issued to Panopus Plc, with an interest rate of 10% per annum, and $50,000 of the principal was repaid during the year ended December 21, 2022 [6] - A.I.S. Resources Limited focuses on natural resource opportunities, aiming to unlock value through early-stage project acquisitions and support [7]