Core Points - A.I.S. Resources Limited has been placed under a cease trade order by the British Columbia Securities Commission due to the failure to file its annual financial statements and management's discussion and analysis for the year ended March 31, 2025 by the deadline of September 29, 2025 [1] - The company had previously been granted a voluntary management cease trade order which expired on September 29, 2025, and its request for an extension to October 15, 2025 was denied by the BCSC [2] - The company closed the first tranche of its financing on September 29, 2025, and has paid the audit fee, expecting to file the required documents by October 15, 2025 [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 and development support [4]

VANCOUVER, British Columbia, Sept. 29, 2025 (GLOBE NEWSWIRE) -- A.I.S. Resources Limited (TSXV: AIS, OTC- PINK: AISSF) (“AIS” or the “Company”) announces the Company has closed the first tranche of its non-brokered private placement of 2,700,000 shares (“Shares”) at a price of $0.03 per share for gross proceeds of $81,000 (the “Private Placement”). Proceeds of the private placement will be used for audit fees and general office expenses. There are no proposed payments to non-arm’s length parties of the Comp ...

Core Viewpoint - A.I.S. Resources Limited is conducting a non-brokered private placement of up to 5,000,000 common shares at a price of $0.03 per share, aiming to raise gross proceeds of $150,000 for general working capital [1]. Group 1: Private Placement Details - The closing of the private placement is subject to acceptance by the TSX Venture Exchange, and all securities issued will have a four-month hold period from the closing date under Canadian securities laws [2]. - Certain directors and officers may participate in the private placement, which is considered a related party transaction exempt from minority approval and formal valuation requirements [3]. - The private placement securities will not be registered under the U.S. Securities Act of 1933 and cannot be offered or sold in the United States without registration or an applicable exemption [4]. Group 2: Financial Reporting and Compliance - The company is providing a bi-weekly default status report due to a voluntary management cease trade order granted because it could not file its annual financial statements and management's discussion and analysis for the year ended March 31, 2025, within the required timeframe [5]. - The company was unable to complete the year-end audit on time due to insufficient funds, necessitating additional time to file the annual filings [6]. - The audit is substantially completed, and proceeds from the private placement will be partially used to complete the audit, with expectations to file annual filings by September 29, 2025 [7]. Group 3: Other Updates - Buda Juice LLC, in which A.I.S. Resources Limited holds a minority stake, filed a registration statement for an initial public offering on August 27, 2025 [9]. - A.I.S. Resources Limited focuses on natural resource opportunities, aiming to unlock value through early-stage project acquisitions and providing necessary support [11].

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]

Core Viewpoint - A.I.S. Resources Limited has settled $380,927.75 of debt through the issuance of 7,618,555 common shares at a deemed price of $0.05 per share, aimed at improving its financial position by reducing existing liabilities [1][2]. Financial Transactions - The Shares for Debt Transaction involved the issuance of 6,429,480 shares to non-arms length parties in settlement of $321,474 [3]. - The related party transactions are exempt from minority approval and formal valuation requirements under Multilateral Instrument 61-101 due to the transaction's structure and the total consideration not exceeding $2,500,000 [3]. Company Overview - A.I.S. Resources Limited is publicly traded on the TSX Venture Exchange, focusing on natural resource opportunities and aiming to unlock value through early-stage project acquisitions and development support [4].