VANCOUVER, British Columbia — February 24, 2026 — Leads & Copy — A.I.S. Resources Limited (TSXV: AIS, OTC-Pink: AISSF) announced it has entered into debt settlement agreements with arm’s length creditors and with its own directors and officers to settle outstanding debt and fees, respectively, through the issuance of common shares.
The company will settle an aggregate amount of $111,510 in outstanding debt with various arm’s length creditors through the issuance of 2,124,000 common shares at a deemed price of $0.0525 per share. A.I.S. Resources will also settle an aggregate amount of $503,026.40 in outstanding fees with directors and officers through the issuance of 7,186,091 common shares at a deemed price of $0.07 per share.
The “Shares for Debt Transactions” and “Directors and Officers Shares for Debt Transactions” are subject to acceptance by the TSX Venture Exchange. All securities issued in connection with the debt settlement agreements will be subject to a four-month hold period from the closing date under applicable Canadian securities laws.
The Directors and Officers Shares for Debt Transaction is considered a related party transaction within the meaning of Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101”). However, the related party transactions will be exempt from minority approval, information circular and formal valuation requirements of MI 61-101 pursuant to the exemptions contained in Sections 5.5(b) and 5.7(1)(b) of MI 61-101, as A.I.S. Resources is not listed on a specified market within the meaning of MI 61-101, and neither the fair market value of the gross securities to be issued under the related party transactions nor the consideration to be paid by the insiders will exceed $2,500,000.
A.I.S. Resources Limited focuses on natural resource opportunities. The company aims to unlock value by acquiring early-stage projects and providing the technical and financial support to develop them.
The transaction is subject to disinterested shareholder approval as described in the Company’s Information Circular dated February 3, 2026. The company has entered into the debt settlement agreements to improve its financial position by reducing its existing liabilities.
Marc Enright-Morin is the CEO of A.I.S. Resources Limited.
Source: A.I.S. Resources Limited
