Northwire Canada EditionThursday, November 12, 2026
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Gold 4,000.50 −0.7% Silver 52.00 +1.5% Copper 6.27 +0.5% Oil 86.53 +0.6% Palladium 1,030.00 +0.9% TIG 0.800 +0.0% RVG 0.715 −4.0% FNV 354.26 −2.4% FDY 4.30 −0.5% MAU 16.05 −3.2% VOXR 6.78 −0.6% TLO 7.04 −1.0% NICU 1.95 −5.8% VTEN 0.440 +0.0% AWM 0.025 +0.0% OR 50.79 −1.8% AUXX 5.30 −5.5% TNR 0.420 +40.0% ORCL 0.030 +0.0% ELD 47.71 −5.4% OPW 0.140 −6.7% Gold 4,000.50 −0.7% Silver 52.00 +1.5% Copper 6.27 +0.5% Oil 86.53 +0.6% Palladium 1,030.00 +0.9% TIG 0.800 +0.0% RVG 0.715 −4.0% FNV 354.26 −2.4% FDY 4.30 −0.5% MAU 16.05 −3.2% VOXR 6.78 −0.6% TLO 7.04 −1.0% NICU 1.95 −5.8% VTEN 0.440 +0.0% AWM 0.025 +0.0% OR 50.79 −1.8% AUXX 5.30 −5.5% TNR 0.420 +40.0% ORCL 0.030 +0.0% ELD 47.71 −5.4% OPW 0.140 −6.7%
Financings

Alaska Energy closes $3-million private placement

AEMC · Price

Executive Summary

  • Alaska Energy Metals Corp. has closed a non-brokered private placement of 27,272,701 units at $0.11 per unit, generating approximately $3 million in gross proceeds.
  • Proceeds will be allocated to metallurgical studies, exploration drilling, permitting activities, marketing, and general working capital.
  • The company disclosed finder’s compensation, insider director participation, and extended/new marketing engagements to bolster investor awareness.

Key Details

  • Financing Structure & Quantity: Closed non-brokered private placement of 27,272,701 units.
  • Pricing & Gross Proceeds: Units priced at $0.11 CAD per unit; gross proceeds of approximately $3 million.
  • Warrant Terms: Each unit comprises one common share and one common share purchase warrant. Warrants are exercisable at $0.15 per share until January 29, 2029.
  • Use of Proceeds: Metallurgical studies, exploration drilling, permitting activities, marketing, and general working capital.
  • Finder’s Compensation: Cash commissions of approximately $227,079.76 paid to finders; issuance of 2,064,361 non-transferable warrants exercisable at $0.15/share until Jan 29, 2029.
  • Insider Participation: Director John Stalker invested $10,000; classified as a related party transaction under MI 61-101, relying on exemptions from formal valuation and minority shareholder approval requirements as the interested party portion is under 25% of market cap.
  • Regulatory Basis: Completed under the Listed Issuer Financing Exemption (NI 45-106 Part 5A / Coordinated Blanket Order 45-935) for Canadian residents (excluding Quebec); units are not subject to a hold period.
  • Marketing Engagement Extension: Extended term with Capital Gain Media Inc. by two months until June 6, 2026; additional marketing budget of $250,000 CAD plus applicable taxes payable.
  • New Marketing Agreement: Engaged New Era Publishing Inc. (doing business as Carboncredits.com) for a three-month term starting Jan 29, 2026, for an upfront fee of $90,000 USD to target North American and European investor audiences via website/editorial spots.
Read the original news release →

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