(via Thenewswire.ca)
VANCOUVER, BRITISH COLUMBIA / TheNewswire / AUGUST 12, 2016) - A.I.S. RESOURCES LIMITED. (TSX - NEX: AIS.H)
(the "Company" or “AIS”) announces that 565,000 stock options (“Options”)
granted to directors, officers and consultants of the Company as announced
on August 9, 2016, have been amended to have an exercise price of $0.15 per common share (“Share”). The original
exercise price was $0.12 per Share.
The Company also announces that it has issued Options to purchase 300,000 Shares of the
Company to its directors, officers and consultants with an exercise price $0.15 per Share, for a period of five
years.
The Company has also amended the shares for debt agreement, announced August 9, 2016 pursuant to
which AIS will issue 562,000 common shares in satisfaction of $84,300 of indebtedness owed to two directors of the Company for
unpaid fees and expenses. The original amount was 1,250,000 common shares in satisfaction of $125,000 of
indebtedness.
ABOUT AIS
A.I.S Resources Limited a TSX-V listed investment issuer, was established in 1967 and is
managed by seasoned professionals who have a long track record of success in the capital markets. Through their extensive business
network, they identify and develop early stage projects worldwide that have strong potential for growth with the objective of
providing returns for shareholders.
Contact:
A.I.S. Resources Limited
Marc Enright Morin
President and CEO
(778) 892-5455
memorin@aisresources.com
Martyn Element
Director
(604) 220-6266
melement@aisresources.com
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