Alaska Energy closes $3-million private placement

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.