A.I.S. Resources Limited
NEX BOARD : AIS.H

A.I.S. Resources Limited

January 08, 2015 10:40 ET

A.I.S. Resources Announces $4,000,000 Private Placement, Signing of Term Sheet for Investment Into Buda Juice, LLC, First Right to Franchise Buda Juice in Canada & Proposed Graduation to TSX-V

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 8, 2015) - A.I.S. RESOURCES LIMITED (NEX BOARD:AIS.H) (the "Corporation" or "AIS") is very pleased to announce that it intends to complete a non-brokered private placement (the "Private Placement") of up to 16,000,000 units (the "Units") of the Corporation at a price of $0.25 per Unit for aggregate proceeds of up to CDN$4,000,000. The net proceeds of the Private Placement will be used for investment by the Corporation into Buda Juice, LLC. ("Buda") to satisfy the term sheet ("Term Sheet") signed on December 23, 2014 and for general working capital purposes.

The Term Sheet permits the Corporation to purchase up to 1/3 of Buda for US$3,000,000 and Buda will grant the Corporation first rights to all future financings and first rights to franchise Buda in Canada. The investment by the Corporation will enable Buda to continue on its path of rapid expansion opening more locations in Dallas and other cities throughout the USA.

"It is difficult to find quality companies that check all the boxes," said Martyn Element, President and CEO of AIS "but we are pleased to announce that we have finally found the one - Buda Juice. Horatio Lonsdale-Hands, Chairman/CEO of Buda and I have both had success in the beverage industry before; however, the fact that Horatio started a restaurant chain, which he built to over 100 company and franchised restaurants across 17 states and 2 in France, gives me great confidence that this venture will be very successful. It is an understatement to say the raw and organic beverage sector is experiencing phenomenal growth, with no dominant players yet, and we look forward to penetrating the US$23 billion juice market in a big way."

"We believe this deal is a good strategic fit for our company," said Horatio Lonsdale-Hands "as it allows Buda Juice management to focus on growing our premium organic juice brand to become the new daily ritual on every urban street corner, while AIS focuses on corporate finance and on-going funding for Buda."

The Corporation is also pleased to announce it will apply to graduate from the NEX Board to Tier 2 of the TSX Venture Exchange ("TSX-V").

The Private Placement is subject to certain conditions, including approval of the TSX-V. In connection with the Private Placement the Corporation may pay a cash commission or finder's fee of up to 7.5% of the gross proceeds of the Private Placement.

About Buda Juice, LLC (www.budajuice.com)

Buda Juice, Co-Founded by Bernard Lucien Nussbaumer and Horatio Lonsdale-Hands, is a 100% organic, cold-pressed, glass-bottled retail juice company incorporated in Texas and currently has 3 locations serving the Dallas Metroplex. Buda recently completed a US$1,000,000 private funding, which was oversubscribed, providing enough capital to build a central kitchen in its facility on Dragon Street as well as open 10 additional stores. The one central kitchen will be able to supply 100+ locations, ensure total control and consistency for Buda Juice, and also allow for each retail location to be kitchen free, streamlining the process and significantly reducing the capital expenditures and operating overhead of each store. Country Fresh, Inc. Co-Founder, Bryan Herr, a new addition to the board of Buda, provides knowledge, expertise and entrepreneurial success. Founded in 1999, Country Fresh, a pioneer in this market space, set the standard in the USA for production and distribution nationwide in the fast growing raw cut vegetable and fruit segments. Today Country Fresh is one of the largest producers and distributors of such foods in the USA.

ADVISORY: "Completion of the transaction is subject to a number of conditions, including Exchange acceptance and disinterested Shareholder approval. The transaction cannot close until the required Shareholder approval is obtained. There can be no assurance that the transaction will be completed as proposed or at all. Investors are cautioned that any information released or received with respect to the transaction may not be accurate or complete and should not be relied upon. Trading in the securities of A.I.S. Resources Limited should be considered highly speculative. The TSX Venture Exchange has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release.

This press release contains forward looking statements. Although the Corporation believes that the expectations reflected in these forward looking statements are reasonable, undue reliance should not be placed on them because the Corporation can give no assurance that they will prove to be correct. Since forward looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. The forward looking statements contained in this press release are made as of the date hereof and the Corporation undertakes no obligations to update publicly or revise any forward looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."

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