Alaska Energy Metals Corporation Announces Private Placement and Debt Settlement

Alaska Energy Metals Corporation (AEMC) plans a non-brokered private placement of up to 11,764,706 units at $0.085 per unit, aiming to raise $1,000,000. Each unit includes one common share and a warrant, allowing purchase of an additional share at the same price for five years post-close. Proceeds will support exploration programs and general operations.

The company will also settle $599,408.70 in debts by issuing 5,994,087 common shares at $0.10 each. Some shares will settle obligations with non-arm’s length parties. These transactions aim to manage resources and support the Nikolai Project's progress.

The offering is pending regulatory approval, and all securities will carry a statutory hold period. No minimum subscription is required. The transactions align with AEMC's strategy to advance its critical mineral project in Alaska.