VANCOUVER, British Columbia, Aug. 28, 2025 (GLOBE NEWSWIRE) -- A.I.S. Resources Limited (TSXV: AIS, OTC-PINK: AISSF) (“AIS” or the “Company”) announces a non-brokered private placement of up to 5,000,000 common shares at a price of $0.03 per common share for gross proceeds of $150,000 (the "Private Placement"). The proceeds will be used for general working capital.
Related Questions
What degree of dilution will the issuance of 5,000,000 shares at $0.03 cause for existing shareholders?
How does the $150,000 raise compare to the company's current cash runway and working capital needs?
Are there any covenants, lock‑up periods, or shareholder approval requirements attached to this private placement that could affect future financing?