Alaska Energy Metals Proceeds with Market Equity Program

Alaska Energy Metals Corporation (AEMC), a dual-listed company on TSX Venture Exchange and OTCQB, reported the issuance of 4,581,000 common shares through its at-the-market equity program. The average price per share was $0.113, totaling gross proceeds of $515,724.51. A commission of $13,675.65 was paid to Haywood Securities Inc.

The proceeds are allocated for ongoing metallurgical studies, assessments of mining options, and general corporate purposes. AEMC plans to continue this equity program into the second quarter of 2025. This program launched in February signals the company's strategy to fund its key projects without traditional offerings.

Alaska Energy Metals focuses on its Nikolai Project in Alaska, aiming to develop a significant source of strategic metals in North America. The company also holds a project in Quebec, the Angliers-Belleterre project.