Stocks in play: A.I.S. Resources Limited
Congratulates Recharge Resources on signing an option agreement with Spey Resources Corp. (“Spey”) whereby Recharge may acquire up to a 100% undivided interest in the Pocitos 2 Project. AIS retains a 7.5% royalty of the FOB price of lithium carbonate or other lithium compounds sold on Pocitos 1 & 2 pursuant to AIS' underlying Option Agreement with Spey Resources. If the Pocitos 1 and 2 options are exercised AIS will receive $1,000,000 and $732,000 respectively on or before June 30, 2023. Both Pocitos 1 and 2 have been optioned by Recharge from Spey. A.I.S. Resources Limited shares V.AIS are trading unchanged at $0.03.
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