The TSX Venture Exchange has accepted for filing documentation relating to an earn-in and joint venture agreement dated Sept. 14, 2025, among A.I.S. Resources Ltd. and an arm's-length vendor. Pursuant to the terms of the agreement, the company may acquire up to a 75-per-cent interest in the Saint John IOCG (iron oxide copper-gold)/porphyry project, located in New Brunswick, Canada, subject to the satisfaction of certain conditions. The company may acquire a 51-per-cent interest in the project (phase I); in consideration, the company will issue 2.86 million shares at a deemed price of five cents to the vendor and incur a total of $1.4-million in exploration expenditures costs over a 24-month period. Following completion of the phase I option, the company may earn an additional 24-per-cent interest in the project (phase ii) for a total of 75-per-cent interest; in consideration, the company will incur a further $3-million in exploration and development expenditures during years 3 and 4. If the vendor's interest is diluted below 10 per cent, it will convert to a 2-per-cent net smelter return (NSR) royalty, which the company may repurchase at a rate of $1-million per 1 per cent. The property is subject to an underlying option agreement, and the vendor is a party to the underlying option agreement whereby the vendor may earn 100-per-cent interest in the Saint John IOCG porphyry project upon paying $25,000 cash and $35,000 (cash or shares) on each of the second, third and fourth anniversaries of the underlying option agreement. The property is subject to a 2-per-cent gross smelter return (GSR) royalty, payable to the underlying optionors. The company retains a right to repurchase 50 per cent of this royalty (1-per-cent GSR) for $1-million at any time.

The transaction is arm's length in nature and no finders' fees are payable.

For further information, refer to the company's news releases dated Sept. 15, 2025, and Feb. 13, 2026, which are available under the company's profile on SEDAR+.