Writer of the article:
Printed Mar 03, 2025 • 3 minute learn
Article content material
VANCOUVER, British Columbia, March 03, 2025 (GLOBE NEWSWIRE) — A.I.S. Assets Restricted (TSXV: AIS, OTC- PINK: AISSF) (“AIS” or the “Firm”) is happy to announce appointment of Marc Enright-Morin to its Board of Administrators. The Firm introduced the appointment of Marc Enright-Morin because the President and CEO of the Firm on February 24, 2025.
Article content material
Article content material
The Firm additionally publicizes that it’s altering its fiscal year-end from December 31 to March 31. The Firm is altering its monetary year-end to higher align the Firm’s monetary assertion and steady disclosure necessities with these of its associates to streamline reporting its reporting obligations. In consequence, the Firm expects to file its annual disclosures in late July 2025 for the fifteen months ended March 31, 2025, together with audited monetary statements in accordance with Nationwide Instrument 51-102 – Steady Disclosure Obligations (“NI 51-102”).
Commercial 2
Article content material
Additional particulars relating to the change in fiscal year-end, together with the Firm’s interim reporting procedures, can be found within the Firm’s Discover of Change of Monetary Yr-Finish, ready in accordance with part 4.8 of NI 51-102, which is filed on the Firm’s profile on SEDAR at www.sedarplus.ca.
Marc Enright-Morin
Marc Enright-Morin is a seasoned entrepreneur and capital markets skilled primarily based in Vancouver. He started his profession with a boutique service provider financial institution, the place he performed a key position in elevating over $300 million for varied private and non-private firms by means of international monetary establishments, with a concentrate on Europe, Asia, and the US.
With over 20 years of expertise in each private and non-private markets, Mr. Enright-Morin has constructed an intensive community of funding banking contacts, which has been instrumental within the development and improvement of start-ups and junior firms. He has served as CEO, president, and director of a number of publicly traded firms within the useful resource sector.
AIS’ Key Gold Tasks in Australia:
With the current rise in gold costs, AIS has renewed its concentrate on advancing its exploration efforts.
High Tales
Article content material
Commercial 3
Article content material
1. Fosterville-Toolleen Gold Undertaking
- AIS holds a 100% curiosity within the 28 km² Fosterville-Toolleen Exploration License (EL6001), situated simply 10 km east of Agnico Eagle’s famend Fosterville gold mine.
- Promising drill targets have been recognized at Toolleen, with geological traits just like the high-grade Fosterville mine.
2. Vibrant Gold Undertaking
- AIS has a 60% stake within the 58 km² Vibrant Exploration License (EL6194), with the choice to amass full possession.
- The Firm is at the moment reviewing outcomes from its 2023 drill program and is getting ready to outline extra high-potential drill targets.
3. Kingston Gold Undertaking
- AIS holds a 100% curiosity within the 167 km² Kingston Exploration License (EL6318), which features a small-scale mine with a 50-meter vertical shaft.
- AIS will obtain 15% of the income from gold gross sales generated from the Vendor’s mining actions outdoors of their prospecting license.
These three properties, totaling over 250 km², are situated within the extremely potential Lachlan Fold Belt in Central Victoria, also known as the “Golden Triangle.” Based on the Geological Survey of Victoria, as much as 75 million ounces of gold should be undiscovered within the area.
Commercial 4
Article content material
About A.I.S. Assets Restricted
A.I.S. Assets Restricted is a publicly traded firm listed on the TSX Enterprise Trade. The Firm focuses on pure useful resource alternatives, aiming to unlock worth by buying early-stage initiatives and offering the mandatory technical and monetary assist to develop them. AIS is guided by a seasoned crew of engineers, geologists, and finance professionals with a confirmed observe file of success in capital markets.
On Behalf of A.I.S. Assets Restricted
Martyn Factor
Chairman
Company Contact
For additional data, please contact:
Martyn Factor, Chairman of the Board
T: +1-604-220-6266
E: melement@aisresources.com
Web site: www.aisresources.com
ADVISORY: This press launch comprises forward-looking statements. Though the Firm believes that the expectations mirrored in these forward-looking statements are cheap, undue reliance shouldn’t be positioned on them as a result of the Firm can provide no assurance that they are going to show to be right. Since forward-looking statements tackle future occasions and situations, by their very nature they contain inherent dangers and uncertainties. The forward-looking statements contained on this press launch are made as of the date hereof and the Firm undertakes no obligations to replace publicly or revise any forward-looking statements or data, whether or not because of new data, future occasions or in any other case, except so required by relevant securities legal guidelines. Neither TSX Enterprise Trade nor its Regulation Companies Supplier (as that time period is outlined in insurance policies of the TSX Enterprise Trade) accepts duty for the adequacy or accuracy of this launch.
Article content material
