Financings
A.I.S. Resources arranges $150,000 private placement

AIS · Price
Executive Summary
- A.I.S. Resources Ltd. announced a non‑brokered private placement of up to 5 million common shares at C$0.03 per share, targeting gross proceeds of C$150,000 for general working capital and to complete its year‑end audit.
- The company filed a bi‑weekly default status report under National Policy 12‑203, confirming that the audit is substantially completed and that no further material defaults have occurred since the July 30 2025 cease‑trade order.
- A.I.S. disclosed that its minority‑owned affiliate Buda Juice LLC has filed an S‑1 registration statement to pursue a U.S. IPO.
Key Details
- Private Placement Terms
- Up to 5,000,000 common shares.
- Price: C$0.03 per share.
- Expected gross proceeds: C$150,000.
- Use of proceeds: general working capital and to fund completion of the year‑end audit.
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Closing subject to TSX Venture Exchange acceptance; securities will carry a four‑month hold period under Canadian securities law.
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Related Party Participation
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Certain directors/officers may participate; transaction qualifies for exemption from minority approval under MI 61‑101 because neither the fair market value nor consideration exceeds 25 % of market cap.
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Management Cease Trade Order (MCTO) Update
- Voluntary MCTO granted by BC Securities Commission on July 30, 2025 due to inability to file FY 2025 annual financial statements and MD&A within the 120‑day deadline.
- Audit is “substantially completed”; private placement proceeds will be partially used to finalize audit.
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Company expects to file all required annual filings no later than September 29, 2025 and will issue a release upon filing.
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Bi‑weekly Default Status Report (NP 12‑203)
- No material changes since the July 30, 2025 release, other than those disclosed herein.
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Company confirms compliance with alternative information guidelines; no additional defaults anticipated.
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Buda Juice LLC Update
- On August 27, 2025, Buda Juice LLC filed a Form S‑1 registration statement with the SEC to register common stock for an IPO.
- A.I.S. Resources holds a minority equity stake in Buda Juice.
Notable Quotes
- “The proceeds from this private placement will enable us to complete our audit and continue advancing our strategic initiatives,” said the company’s spokesperson.
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Jul 28, 2026 · 06:30