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The latest announcement is out from AIS Resources ( (TSE:AIS) ).
A.I.S. Resources Limited has announced a non-brokered private placement to raise $100,000 for general working capital, alongside a shares for debt transaction to settle $625,443.62 in outstanding debt. The company has also appointed Marc Enright-Morin as the new President and CEO, succeeding Andrew Neale. These strategic moves are expected to strengthen the company’s financial position and leadership, potentially enhancing its market presence and operational capabilities.
More about AIS Resources
A.I.S. Resources Limited operates in the resource exploration industry, focusing on capital markets and corporate leadership. The company is involved in the exploration and development of mineral resources.
YTD Price Performance: 50.0%
Average Trading Volume: 7,792
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $575.5K
For a thorough assessment of AIS stock, go to TipRanks’ Stock Analysis page.