Alaska Energy Metals Announces Closing Of $1 Million Non-Brokered Private Placement And New Work Program

Executive Summary

• Alaska Energy Metals closed a non‑brokered private placement raising approximately $1 million in gross proceeds.
• The offering consisted of 11,764,705 units at $0.085 per unit, each unit containing one common share and one warrant exercisable at $0.085 until 2030.
• Net proceeds will fund metallurgical studies, access‑road permitting, a scoping study for a Preliminary Economic Assessment, marketing activities, planning for a 2026 field program, and general corporate purposes.

Key Details

• Units Issued: 11,764,705 at $0.085 each → $1,000,000 gross proceeds.
• Unit Composition: 1 common share + 1 warrant (exercise price $0.085, expiry Oct 29 2030).
• Insider Participation: Directors Tyron Breytenbach, Mario Vetro, and John (Ian) Stalker purchased 1,016,057 units for $86,364.85; treated as a related‑party transaction exempt from minority approval under MI 61‑101.
• Hold Period: Securities subject to a four‑month hold period per Canadian securities law.
• Use of Proceeds:
• Metallurgical studies (SGS Lakefield Lab, Fuse Advisors) – results expected Nov 2025.
• Initiation of hydrometallurgical studies for on‑site semi‑refined/refined product production.
• Extension and rehabilitation of the Rainy Creek Mining Road (~9 km) plus two temporary bridges and camp permitting.
• Scoping study for a Preliminary Economic Assessment (conducted by Fuse Advisors).
• Marketing contracts with Apollo Shareholder Relations & Capital Gains Media (pending TSXV approval).
• Planning for 2026 field program and general corporate purposes.
• CEO Quote: Gregory Beischer highlighted alignment with U.S. critical‑minerals funding and national security objectives, noting Nikolai hosts six critical minerals, including nickel and cobalt classified as Defense Production Act Title III materials.

Notable Quotes

“With U.S. Government Critical Minerals funding increasing significantly for 2026, AEMC is in regular contact with senior officials at all relevant Executive Branch departments and agencies regarding our Nikolai deposit… we are extremely well aligned with the U.S. national security objective of developing long‑lived sources of metals and minerals essential to the national economy and national defense.” – Gregory Beischer, President & CEO

Materiality Assessment: Material – Positive (the financing provides significant capital to advance multiple high‑impact project milestones and aligns with strategic U.S. critical‑minerals objectives).