Northwire Canada EditionTuesday, July 28, 2026
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MAI 4.29 −4.2% RYR 0.175 +0.0% SCD 0.170 +1.5% SRC 1.75 −2.8% FOXT 0.170 +9.7% TG 0.180 −2.7% NOBL 0.100 −4.8% MGG 0.285 −5.0% HMR 0.540 +0.0% NRC 1.00 +0.0% SIG 0.920 +0.0% LMR 0.120 +60.0% XTM 0.065 +0.0% CRG 0.215 −2.3% DEC 0.070 +0.0% EAU 0.100 +0.0% MAI 4.29 −4.2% RYR 0.175 +0.0% SCD 0.170 +1.5% SRC 1.75 −2.8% FOXT 0.170 +9.7% TG 0.180 −2.7% NOBL 0.100 −4.8% MGG 0.285 −5.0% HMR 0.540 +0.0% NRC 1.00 +0.0% SIG 0.920 +0.0% LMR 0.120 +60.0% XTM 0.065 +0.0% CRG 0.215 −2.3% DEC 0.070 +0.0% EAU 0.100 +0.0%
Financings Material +

A.I.S. Resources Corporate Update

AIS Resources secures multi-million dollar liquidity event to fuel New Brunswick gold-antimony drill program

By The Northwire Desk — AI Analysis Mar 02, 2026 · 06:30 AIS · 0.08 A.I.S. Resources Limited
Executive Summary

The most recent news (March 2, 2026) announces that A.I.S. Resources has successfully liquidated its marketable securities in Buda Juice Inc. for gross proceeds of US$2,749,048 (approx. CAD $3.7M). This represents an internal rate of return (IRR) of over 20%. The company intends to use these funds to strengthen its balance sheet and execute its 2026 exploration program at the Saint John project in New Brunswick. This program includes surface sampling, trenching, geophysics (MobileMT + IP), and a 2,000m maiden RC/DD drill program at the Little Lepreau prospect.

Material Impact

This news is Material - Positive for several reasons: - Liquidity Injection: For a company that was under a Cease Trade Order (CTO) in late 2025 due to "insufficient funds" to even pay audit fees, a US$2.7M cash infusion is transformative. It removes the immediate "going concern" risk. - Project Advancement: The company now has the non-dilutive capital to fulfill its Year 1 ($400k) and Year 2 ($1M) earn-in commitments for the Saint John project without relying solely on equity markets. - Strategic Timing: The Saint John project contains high-grade Antimony (>1%), a critical mineral currently seeing significant price appreciation and strategic interest. - Validation: The 20% IRR on the Buda Juice investment demonstrates management's ability to realize value from non-core assets to fund its primary mining focus.

AIS · Price
Company Overview

A.I.S. Resources is a junior explorer focused on the Saint John IOCG/Porphyry Project in New Brunswick, Canada. - Flagship Project: Saint John Project (101 sq km). - Earn-in Terms: AIS can earn 75% from Riversgold Ltd by spending $4.4M over 4 years. - Geological Highlights: Little Lepreau prospect has returned surface samples up to 41.6 g/t Au and 1,600 g/t Ag. The project is notable for its Antimony and Copper potential. - Secondary Assets: 100% interest in Toolleen-Fosterville and Kingston gold projects in Victoria, Australia (Lachlan Fold Belt).

Read the original news release →

More from A.I.S. Resources Limited

Jul 28, 2026 · 06:30

A.I.S. secured a drilling permit for its NB IOCG project and began mobilization following $644,000 in financing.

Drill Results Jul 07, 2026 · 12:59

A.I.S. defines new IOCG targets in New Brunswick and plans a 2,000m drill campaign starting in late July.

Drill Results Jul 06, 2026 · 14:12

A.I.S. secures $644,000 to fund a summer drilling campaign at its New Brunswick project.

Financings Jun 23, 2026 · 06:30

A.I.S. will drill 2,000m in New Brunswick after surface assays confirmed IOCG potential with grades up to 1.2 g/t gold over 15m widths.

Drill Results Jun 19, 2026 · 06:30

A.I.S. raises $644k to accelerate drilling at its New Brunswick IOCG project, targeting copper-gold mineralization.

Financings Jun 18, 2026 · 06:30

A.I.S. Resources Announces Final Assay Results from New Brunswick Projects

Drill Results