A.I.S. Resources closes financing at $81,000

Executive Summary

• A.I.S. Resources Ltd. closed a non-brokered private placement of 2.7 million shares at $0.03 per share, raising $81,000 in gross proceeds, with no further tranches planned.
• The company sold a 25% interest in its subsidiary, Buda Juice LLC, for $500,000 USD.
• The company has applied for reinstatement to trading on the TSX Venture Exchange following the revocation of a cease trade order, and is currently undergoing an exchange review.

Key Details

• Private Placement Details:
  • Closed on Sept. 29, 2025.
  • Type: Non-brokered private placement.
  • Shares Issued: 2.7 million.
  • Price: $0.03 per share.
  • Gross Proceeds: $81,000.
  • Use of Proceeds: Audit fees and general office expenses.
  • Finders' Fees: None payable.
  • Hold Period: Four months from closing date under Canadian securities laws.
  • Status: Subject to final acceptance by the TSX Venture Exchange.
  • Future Tranches: Company decided not to proceed with further tranches.
• Buda Juice LLC Transaction:
  • Date: Nov. 17, 2025.
  • Transaction: Sale of 25% interest in Buda Juice LLC.
  • Consideration: $500,000 (U.S.).
• TSX Venture Exchange Reinstatement:
  • Cease Trade Order: Revoked by the British Columbia Securities Commission on Nov. 14, 2025.
  • Application for Reinstatement: Filed on Nov. 19, 2025.
  • Current Status: Undergoing exchange review.
• Additional Disclosures:
  • Withdrawal of Proposed Private Placement: Further to the announcement on Oct. 17, 2024, the company has withdrawn the proposed private placement.
  • Promissory Note (Panopus PLC):
    • Issued: Dec. 23, 2021.
    • Principal Amount: $139,149.
    • Counterparty: Panopus PLC (controlled by Phillip Thomas, former director and CEO).
    • Terms: Unsecured, payable within five business days from demand, 10% interest per annum.
    • Use of Proceeds: Acquisition of the Bright property.
    • Repayment: $50,000 of the principal balance was repaid during the year ended Dec. 21, 2022.