- A.I.S. Resources Limited has announced a non-brokered private placement for gross proceeds of $402,500
- The company will issue up to 11,500,000 units at a price of $0.035 per unit
- The proceeds will be used for general working capital and exploration of the company’s gold projects in Australia
- A.I.S. Resources Limited is an investment issuer focused on precious and base metals exploration
- A.I.S. Resources Limited (AIS) opened trading at C$0.04 per share
A.I.S. Resources Limited (AIS) has announced a non-brokered private placement for gross proceeds of $402,500.
The company will issue up to 11,500,000 units at a price of $0.035 per unit. Each unit will consist of one common share and one transferrable share purchase warrant. Each warrant will entitle the holder to purchase one additional common share at a price of $0.05 per share for a period of 12 months from the closing date of the offering.
The proceeds will be used for general working capital and exploration of the company’s gold projects in Australia. The company may pay finders fees and warrants on a portion of the placement.
All securities issued will be subject to a four-month hold period from the closing date under applicable Canadian securities laws.
A.I.S. Resources Limited is an investment issuer focused on precious and base metals exploration.
A.I.S. Resources Limited (AIS) opened trading at C$0.04 per share.
