February 24, 2014 14:21 ET
CALGARY, ALBERTA--(Marketwired - Feb. 24, 2014) - A.I.S. RESOURCES LTD. (TSX VENTURE:AIS.H) (the "Corporation") is pleased to announce that effective immediately it has appointed Mr. Martyn Element to its Board of Directors (the "Board"). Mr. Element's appointment to the Board will fill the vacancy created by the concurrent resignation of Ms. Vanessa Rennie. The Corporation also announces that effective immediately Mr. William H. Smith has resigned as the President and Chief Executive Officer of the Corporation and Mr. Element has been appointed as the President and Chief Executive Officer of the Corporation to fill such vacancy. Mr. Smith will continue to act as a director of the Corporation.
Mr. Element, founder and President of Element and Associates, which he formed in 1989, has experience in sourcing and pursuing new business ventures globally and has attained a proven track record of securing financing for these opportunities. Mr. Element's network has been cultivated extensively while in his position at Element and Associates where he has developed strong working relationships with specialized funds from around the world, as well as high net worth individuals for private and public equity financings.
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.
A.I.S. Resources Limitedc/o Aeonian Capital CorporationAttention: Mr. Alan Smith(403) 237-7766
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