A.I.S. Resources Provides Update on Frenchmans Creek and Grand Bay Option Agreement

A.I.S. Resources Limited has received acceptance from the TSX Venture Exchange for an option agreement to acquire up to a 100% interest in the Frenchmans Creek and Grand Bay properties located in New Brunswick, Canada. The transaction structure involves a series of cash and share payments over four years, totaling $110,000 in cash plus share issuances valued at $200,000. Share issuances are priced at the 20-day VWAP with a strict floor of $0.135 per share, though the company retains the right to pay cash in lieu of shares.

Additionally, the company must maintain claims and incur $187,450 in work credits over the four-year period. The vendor retains a 2% Net Smelter Return (NSR) on Frenchmans Creek, with a right of first refusal to purchase 50% of it (1% NSR) for $1,000,000. Both properties are early-stage exploration targets for IOCG-style, volcanic-hosted base-metal, and porphyry mineralization. Historical vendor data remains unverified by the company.

A.I.S. Resources Limited (AIS) issued a follow-up to the initial option agreement announced on June 1, 2026, confirming regulatory acceptance and outlining the standardized payment schedule previously disclosed. The transaction involves a minimal cash outlay of $110,000 total, but the share issuance component introduces dilution risk, particularly as the $0.135 floor is only approximately 3.5% below the current trading price of $0.14.

The release does not introduce new geological data, drill results, or strategic partnerships, serving only to advance a known administrative and financial milestone. Given the speculative nature of the assets and the lack of verified resource definitions, the market impact is expected to be muted. The update aligns with prior expectations and does not materially alter the company's risk profile or capital requirements.

A.I.S. Resources Limited is a pre-revenue exploration company focused on early-stage copper, gold, silver, and critical mineral projects in New Brunswick, Canada. Its flagship Saint John Project covers 101 km² and is prospective for IOCG-style and porphyry mineralization, benefiting from proximity to highways, rail, a deep-water port, and nuclear power. The portfolio also includes the Pocologan Project (~21.5 km²), Frenchmans Creek (~2,200 hectares), and Grand Bay (~4,100 hectares).

All projects remain in early-stage exploration. No mineral resources have been defined, and historical assay data has not been independently verified for continuity, scale, or economic significance. The company's strategy involves staking, optioning, and earn-in agreements to build a district-scale exploration package.