A.I.S. Resources Limited (TSX VENTURE:AIS) announces that it will issue up to
2,500,000 preferred shares by way of a non-brokered private placement at a price
of $0.40 per preferred share subject to certain conditions. Attributes of the
preferred shares are as follows. The preferred shares have a term of five years
and will be redeemable by the company, will be retractable by the holder under
certain conditions, and will be convertible into common shares on a two common
for one preferred basis. The preferred shares have voting rights on the basis of
the common share conversion ratio.


The offering is subject to the final approval of the TSX Venture Exchange and is
expected to close prior to August 10, 2009.
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