Alaska Energy arranges minimum $2.5M private placement

Executive Summary

• Alaska Energy Metals Corp. announced a non-brokered private placement of up to 27.27 million units at $0.11 per unit, targeting up to $3.0 million in gross proceeds under the LIFE exemption.
• The company provided a Q4 2025 update on its At-the-Market (ATM) equity program, reporting the issuance of 191,500 shares for approximately $24,895 in gross proceeds.
• The company extended its investor relations agreement with Capital Gains Media for an additional 90 days, requiring a $200,000 upfront cash fee.

Key Details

• Financing Structure: Non-brokered private placement completed under the Listed Issuer Financing (LIFE) exemption (NI 45-106 / Coordinated Blanket Order 45-935) for purchasers resident in Canada (excluding Quebec).
• Unit Pricing & Quantity: Minimum of 22,727,272 units up to a maximum of 27,272,727 units at $0.11 per unit.
• Gross Proceeds: Minimum ~$2.5 million to maximum ~$3.0 million.
• Unit Composition: Each unit consists of one common share and one common share purchase warrant.
• Warrant Terms: Each warrant entitles the holder to purchase one common share at an exercise price of $0.15 per share for three years post-closing.
• Finder's Fee & Compensation: Up to 8.0% of aggregate gross proceeds payable in cash, plus non-transferable warrants equal to 8.0% of the units issued, exercisable at $0.15/share prior to three days post-closing.
• Use of Proceeds: Metallurgical studies, exploration drilling, permitting activities, marketing, and general working capital.
• Closing Conditions & Date: Scheduled to close on or about January 13, 2026, subject to receiving minimum subscriptions of $2.5 million and TSX Venture Exchange approval. Units will not be subject to a statutory hold period.
• ATM Program Activity (Q4 2025): Issued 191,500 common shares on the TSX-V at an average price of $0.13 per share.
• ATM Financials: Gross proceeds of $24,895; aggregate commissions of $629.68 paid to Haywood Securities Inc.
• ATM Proceeds Allocation: Continuing metallurgical studies, option assessment for mining scenarios, and general corporate purposes.
• IR Contract Extension: Agreement with Capital Gains Media extended for 90 days commencing January 6, 2026.
• IR Compensation: $200,000 upfront cash fee plus applicable taxes; no additional compensation for the extension period. No securities will be issued to Capital Gains as compensation for marketing services.
• Company Profile: Alaska-based corporation focused on the polymetallic Nikolai project in interior Alaska and the Angliers-Belleterre project in western Quebec.