A.I.S. Resources Limited Amends Exercise Price of Options
VANCOUVER, August 27, 2018 - A.I.S. Resources Ltd.. (TSXV: AIS OTCQB: AISSF) (the "Company" or "AIS") is pleased to announce that the Company has amended the exercise price of certain options as follows: Effective August 23, 2018 AIS has increased the exercise price of 1,000,000 options expiring August 17, 2023 from $0.13 to $0.20.
Effective August 23, 2018 AIS has amended the exercise price of 1,240,000 options expiring November 24, 2022 and held by certain consultants of the Company from $0.91 to $0.20.
Phillip Thomas CEO stated, "We are pleased to announce this amendment as we feel it will better align employees' and consultants' option incentives with the Company's, immediate, short and long term objectives."
About A.I.S. Resources
A.I.S. Resources Ltd. is a TSX listed investment issuer, was established in 1967 and is managed by experienced, highly qualified professionals, who have a long track record of success in lithium exploration, production and capital markets. Through their extensive business and scientific networks, they identify and develop early-stage projects worldwide, that have strong potential for growth with the objective of providing significant returns for shareholders. The Company's current activities are focused exclusively on the exploration and development of lithium brine projects in northern Argentina. It is currently exploring the Guayatayoc and Salinas Grandes salars.
On Behalf of the Board of Directors,
Martyn Element
Martyn Element, Chairman
Contact
Martyn Element
Chairman
T: 604 687-6820
E: melement@aisresources.com
Phillip Thomas
President & CEO
T: 011 61 3 9943 2374
E: pthomas@aisresources.com
Website: www.aisresources.com
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