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Artificial Intelligence and Resources company delivers news on private funding round and offers bi-weekly update on default status

Mining company A.I.S. Resources Limited (stock symbols TSXV: AIS, OTC: AISSF, OTC-PINK: AISSF) plans to raise funds through a private placement of up to 5 million common shares at a price of 3 cents each, bringing in a potential $150,000. The funds garnered will be allocated for general purposes.

AI Resources Report Announcement: Private Funding and Regular Default Update
AI Resources Report Announcement: Private Funding and Regular Default Update

Artificial Intelligence and Resources company delivers news on private funding round and offers bi-weekly update on default status

AIS Resources Limited (TSXV: AIS), a publicly traded company focused on natural resource opportunities, has announced a non-brokered private placement of up to 5,000,000 common shares at $0.03 each, aiming for gross proceeds of $150,000.

The private placement is subject to acceptance by the TSX Venture Exchange. All securities issued in the private placement will be subject to a four-month hold period under Canadian securities laws. The Company expects to file its annual financial statements and management's discussion and analysis as soon as they are available, but no later than September 29, 2025.

Notably, AIS Resources Limited has been granted a voluntary management cease trade order due to not being able to file its annual financial statements and management's discussion and analysis within 120 days of its financial year-end.

The funds raised from the private placement will be used for general working capital. AIS is guided by a seasoned team of engineers, geologists, and finance professionals with a proven track record of success in capital markets.

In other news, AIS Resources Limited holds a minority stake in Buda Juice LLC, which has filed a registration statement on Form S-1 with the Securities and Exchange Commission for a potential initial public offering. Aptera Motors Corp. also filed a registration statement on Form S-1 with the Securities and Exchange Commission on August 27, 2025, to register shares of Class B common stock and pursue a proposed direct listing on the Nasdaq Capital Market under the ticker symbol "SEV".

The Company provides the necessary technical and financial support to develop its projects. For further information, contact Martyn Element, the Chairman of AIS Resources Limited, at +1-604-220-6266 or [email protected]. You can also visit the Company's website at www.aisresources.com.

It is important to note that the press release contains forward-looking statements, and undue reliance should not be placed on them. The Company does not undertake to update these statements unless required by applicable securities laws. The related party transaction is exempt from certain requirements under Multilateral Instrument 61-101. Certain directors and officers may participate in the private placement, which is considered a related party transaction.

Lastly, the private placement securities have not been registered under the U.S. Securities Act of 1933 and may not be offered or sold within the United States. The audit of the Company is substantially completed, and proceeds from the private placement will be partially used to complete the audit.

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