Alaska Energy Metals Announces up to $3 Million Life Offering of Units and Updates At-The-Market Program Update

Executive Summary
- Alaska Energy Metals Corp. announced a non‑brokered private placement of 22.7 M–27.3 M units at C$0.11 per unit, targeting gross proceeds of approximately C$2.5 M to C$3.0 M.
- Each unit includes one common share and one warrant exercisable at $0.15 for three years; the company may also issue a finder's fee and additional warrants equal to 8% of the units issued.
- Proceeds will fund metallurgical studies, exploration drilling, permitting, marketing, and general working capital.
Key Details
- Units Offered: Minimum 22,727,272 – Maximum 27,272,727 units at C$0.11 each.
- Gross Proceeds Target: Minimum ≈ C$2.5 M; Maximum ≈ C$3.0 M.
- Unit Composition: 1 common share + 1 warrant (right to purchase one additional common share at $0.15).
- Warrant Terms: Exercise price $0.15 per share; exercisable for three years after the closing date.
- Finder’s Fee & Additional Warrants: Up to 8% of gross proceeds may be paid as a finder’s fee; up to 8% additional non‑transferable warrants may be issued at $0.15 exercise price.
- Closing Date: Expected on or about January 13, 2026, subject to receipt of minimum subscriptions and TSX‑V approval.
- Use of Proceeds: Metallurgical studies, exploration drilling, permitting activities, marketing, and general working capital.
At‑the‑Market (ATM) Program Update
* During Q4 2025, 191,500 common shares were sold on the TSX‑V at an average price of C$0.13, generating gross proceeds of $24,895 (CAD).
Commissions paid: $629.68 to Haywood Securities Inc.
ATM proceeds are being used for metallurgical studies, options assessment for mining scenarios, and general corporate purposes.
* The company intends to continue the ATM program in Q1 2026.
Investor Relations Contract Extension
* Extended a 90‑day investor‑relations agreement with Capital Gains Media (effective Jan 6 2026).
Up‑front cash fee: C$200,000 plus taxes; no additional compensation for the extension.
No securities will be issued to Capital Gains as consideration.
Notable Quotes
- “The capital raised through this private placement and our ongoing ATM program will enable us to advance critical metallurgical work and exploration at Nikolai, positioning Alaska Energy Metals to meet growing demand for strategic metals.” – Gregory Beischer, President & CEO
All forward‑looking statements are subject to risks and uncertainties detailed in the release.