A.I.S. Resources Ltd. announces that it intends, subject to TSX Venture Exchange approval, to extend the term of 12,622,222 warrants expiring on February 26, 2020. The share purchase warrants were issued pursuant to a private placement of 12,622,222 shares accepted for filing by the TSXV on March 1, 2019. The warrants will be extended for a period of two years until February 26, 2022. The exercise price remains unchanged [...]
A.I.S. Resources Ltd. announced today that the Company has entered into an access agreement with the land owner to conduct exploration on an existing manganese mine and major deposit northwest of Panama City near Palenque, Panama. Highlights of the A.I.S. Resources Transaction The project was visited on October 17, 2019 and samples were taken from an outcrop adjacent to a 60 metre deep mine shaft where manganese was [...]
A.I.S. Resources Ltd. announced today that the Company has arranged supply of 30,000 tonnes a month of Manganese ore grading 48-52% Mn and has commenced sale negotiations with Erdos Group, one of the world’s largest buyers of Manganese. AIS has issued a term sheet for a trial shipment of 10,000 tonnes of Manganese to Erdos. Highlights of the A.I.S. Resources Transaction Erdos Group is active in metals, energy and [...]
A.I.S. Resources Ltd. announced today that the Company has arranged 1,500 tonnes a month of manganese supply. Highlights of the AIS Resources Manganese Production from Peru: AIS has contracted 1,500 tonnes per month of supply from the following sources ° Arce Manganese group has 1,000 tonnes available for supply and can provide 1,000 tonnes per month of 43% Mn. ° San Jorge mine has 525 tonnes ready to ship to the [...]
A.I.S. Resources Ltd. announced today that it has reached agreement on an option to acquire an initial 51% interest in a gold mine in Northern Peru producing up to 5kg gold per week with average revenues of US$75,000 per month. AIS will earn a 51% interest by contributing US$500,000 in equipment and technical expertise to increase the mine’s productivity. The properties are located in the San lgnacio district [...]
A.I.S. Resources Ltd. announced today that it has signed a 120 day option agreement with Ekos Research to invest US$1m for 15% equity in its break-through SOLVEX solvent extraction process. Highlights: The process is the culmination of three years research and development by Ekos Research, University of Melbourne and University of Tsinghua, China. Lithium extraction rates exceeded 99% and were able to produce greater than [...]
A.I.S. Resources Ltd. announces that the Company has granted a total of 500,000 incentive stock options to various directors, officers, employees, and consultants of the Company. The stock options were granted on September 26, 2019 with an exercise price of $0.12 per share for a five-year period from the date of grant and vest immediately. About A.I.S. Resources A.I.S. Resources Ltd. is a TSX-V listed investment issuer [...]
A.I.S. Resources Ltd. is pleased to announce that it has completed the sale of 2,322,250 units at $0.08 per unit for gross proceeds of $185,780, . The proceeds will be used for general working capital purposes. Each Unit consists of one common share and one transferrable share purchase warrant. Each warrant will entitle the holder thereof to purchase one additional common share for a period of 12 months from the closing [...]
A.I.S. Resources Ltd. announced today that 1,000 tonnes of manganese has been mined, consistent with our production target of 1,000 tonnes to be produced every two weeks. AIS Resources’ Updated Highlights of Our Current Manganese Production: 600 of the next 1,000 tonnes has been bagged and readied for road transport to the port. At the port, bags will be emptied and loose manganese ore will be loaded in containers [...]
A.I.S. Resources Ltd. announced today that the Company has signed a contract with an agricultural product manufacturer to supply 1,000 tonnes of manganese every two weeks for twelve months based on the weekly benchmark price. At the current grade and benchmark price this contract has an estimated gross revenue of US$274,400 every two weeks based on US$274.40 per tonne. Highlights of the AIS Resources Manganese Ore [...]
A.I.S. Resources Ltd. announced today that the Company’s initial trial shipment has been increased to 200 tonnes of manganese ore and shipped to China on the 66,380 tonne container vessel TIAN CHANG HE. Highlights of the initial Manganese Ore shipment include: 200 tonnes of high-grade fines manganese ore in ten containers was loaded onto the container vessel TIAN CHANG HE. The container vessel departed Lima port at [...]
A.I.S. Resources Ltd. announces that the Company has granted a total of 4,085,000 incentive stock options to various directors, officers, employees, and consultants of the Company. The stock options were granted on July 23, 2019 with an exercise price of $0.10 per share for a five-year period from the date of grant and vest immediately. The stock options granted are subject to the acceptance of the TSX Venture Exchange [...]
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