Alaska Energy Metals Announces Marketing Contract Extension and Appointments
ALASKA ENERGY METALS CORP. | Suite 1000 – 355 Burrard St. | Vancouver, BC V6C 2G8
Tel: 604 638 3164 | Fax: 907 677 3599 | www.alaskaenergymetals.com
NR: 24-08
ALASKA ENERGY METALS ANNOUNCES MARKETING
CONTRACT EXTENSION AND APPOINTMENTS
VANCOUVER, BRITISH COLUMBIA. February 20, 2024 – Alaska Energy Metals
Corporation (TSX-V: AEMC, OTCQB: AKEMF) (“AEMC” or the “Company”) announces
that, subject to TSX Venture Exchange (“TSX-V”) Approval, it has extended marketing
contracts with two service providers and entered into new contracts with two other
providers. In accordance with TSX-V Policy 3.4 - Investor Relations, Promotional and
Market-Making Activities, details of each new engagement or renewal are discussed
below.
Virtus Media Group LLC (“Virtus”)
Further to the Company’s news release of November 6, 2023, the Company has
renewed its engagement of Virtus to provide content creation and digital marketing
services for a renewed period of 1.5 months, commencing in February 2024 until
March 2024 for a total cost of USD $75,000 (approximately CAD$101,737), which
shall be paid upfront. The services rendered by Virtus will include Reddit
distributions, featured editorials, influencer videos, social media posts and live
Discord community events, industry deep dives, and educational posts. Virtus is an
Illinois-based company that is headed by CEO Austin Wynn. As of the date hereof,
to the Company's knowledge, Virtus (including its directors and officers) does not
own any securities of the Company and has an arm’s length relationship with the
Company. The Company will not issue any securities to Virtus as compensation for
its marketing services. For more information on the Company’s engagement of
Virtus, please refer to its news release of November 6, 2023.
Black Swan Solutions Inc. DBA VHLA Media (“VHLA”)
The Company has retained VHLA to provide content creation and digital and video
marketing services for an anticipated period of three months, commencing on or
around March 1, 2024, for a total cost of CAD $102,500 plus GST, which will be paid
ALASKA ENERGY METALS CORP. | Suite 1000 – 355 Burrard St. | Vancouver, BC V6C 2G8
Tel: 604 638 3164 | Fax: 907 677 3599 | www.alaskaenergymetals.com
Announcement of Marketing
Contract Extension and Appointments
Page 2
upfront to VHLA by the Company. VHLA will, as appropriate, prepare and distribute
social media content & ads, influencer marketing, landing pages, and CEO interviews.
VHLA is a British Columbia-based company headed by Dawson Ignatieff and Adam
Emes. The promotional activity may occur on TikTok, Instagram, YouTube, LinkedIn,
Twitter, Reddit, as determined by the Company and VHLA. As of the date hereof, to
the Company's knowledge, VHLA (including its directors and officers) does not own
any securities of the Company and has an arm’s length relationship with the
Company. The Company will not issue any securities to VHLA as compensation for its
marketing services.
MMG Market Medium GmbH & Co. KG. (“MMG”)
Further to its news release on July 6, 2023 and January 23, 2024, the Company has
amended its previously announced renewed Marketing Services Contract with MMG
through an Amending Agreement (the “MMG Amending Agreement”). Pursuant to
the terms of the MMG Amending Agreement, the Company will provide MMG a
marketing expenditure budget of €350,000 (approximately CAD $509,000) for its
renewed MMG term, instead of the previously contemplated marketing expenditure
budget of €150,000. Of the €350,000 marketing budget, MMG shall retain a service
fee for the extended term of the Marketing Service Contract of 15% of the total
marketing expenditure budget (approximately €52,500 or CAD$76,723). MMG is a
service provider in the field of online marketing and investor relations services
specializing in the European market and is based in Germany. MMG will provide
German-translated text materials, including text and display advertisements,
advertorials with Company-provided publicly disclosed information, and general
information on the nickel and battery metals sector. The firm will create specialized
and structured campaigns and ad groups, optimize online advertising for detailed
keyword research, and identify possible target groups of potential shareholders. For
more information about the Company’s engagement of MMG, please refer to its
news releases dated July 6, 2023, December 8, 2023, and January 23, 2024. As of the
date hereof, to the Company's knowledge, MMG (including its directors and officers)
ALASKA ENERGY METALS CORP. | Suite 1000 – 355 Burrard St. | Vancouver, BC V6C 2G8
Tel: 604 638 3164 | Fax: 907 677 3599 | www.alaskaenergymetals.com
Announcement of Marketing
Contract Extension and Appointments
Page 3
does not own any securities of the Company and has an arm’s length relationship
with the Company. The Company will not issue any securities to M MG as
compensation for its marketing service.
Sydney Knight
The Company has retained a Vancouver, British Columbia-based individual named
Sydney Knight to provide investor relations services such as attending marketing
events and conferences on behalf of the Company, handling prospective investor
inquiries, and building relationships with prospective investors commencing on or
around February 20, 2024 until December 31, 2024. Ms. Knight shall be paid a
monthly fee of $3,000. Additionally, Ms. Knight shall be granted 75,000 stock options
within 30 days following her appointment. The stock options will have a vesting
schedule in accordance with TSX-V Policy 4.4 – Security Based Compensation and will
have a term of five (5) years and a strike price equal to the market closing price on
the date of issuance As of the date hereof, to the Company's knowledge, Ms. Knight
does not own any securities of the Company and has an arm’s length relationship
with the Company. Besides the aforementioned stock options, the Company will not
issue any securities to Ms. Knight as compensation for her services.
For additional information, visit: https://alaskaenergymetals.com/
ABOUT ALASKA ENERGY METALS
Alaska Energy Metals Corporation is focused on delineating and developing a large
polymetallic exploration target containing nickel, copper, cobalt, chrome, iron,
platinum, palladium, and gold. Located in central Alaska near existing transportation
and power infrastructure, the Nikolai Nickel project is well-situated to become a
significant, domestic source of critical and strategic energy-related metals for the
American market. The Company is also developing the Angliers nickel project in
Quebec.
ALASKA ENERGY METALS CORP. | Suite 1000 – 355 Burrard St. | Vancouver, BC V6C 2G8
Tel: 604 638 3164 | Fax: 907 677 3599 | www.alaskaenergymetals.com
Announcement of Marketing
Contract Extension and Appointments
Page 4
ON BEHALF OF THE BOARD
“Gregory Beischer”
Gregory Beischer, President & CEO
FOR FURTHER INFORMATION, PLEASE CONTACT:
Gregory A. Beischer, President & CEO
Toll-Free: 877-217-8978 | Local: 604-638-3164
Sarah Mawji, Public Relations
Final Edit Media and Public Relations
Email: [email protected]
Some statements in this news release may contain forward-looking information (within
the meaning of Canadian securities legislation), including, without limitation, that (a)
AEMC will obtain TSX-V approval for the marketing and investor awareness engagements
(b) the terms and timelines of the second round of the investor awareness campaign will
proceed as originally contemplated. These statements address future events and
conditions and, as such, involve known and unknown risks, uncertainties, and other
factors which may cause the actual results, performance, or achievements to be materially
different from any future results, performance, or achievements expressed or implied by
the statements. Forward-looking statements speak only as of the date those statements
are made. Although the Company believes the expectations expressed in such forward-
looking statements are based on reasonable assumptions, such statements are not
guarantees of future performance and actual results may differ materially from those in
the forward-looking statements. Factors that could cause the actual results to differ
materially from those in forward-looking statements include regulatory actions, market
prices, and continued availability of capital and financing, and general economic, market
or business conditions. Investors are cautioned that any such statements are not
guarantees of future performance and actual results or developments may differ
materially from those projected in the forward -looking statements. Forward-looking
ALASKA ENERGY METALS CORP. | Suite 1000 – 355 Burrard St. | Vancouver, BC V6C 2G8
Tel: 604 638 3164 | Fax: 907 677 3599 | www.alaskaenergymetals.com
Announcement of Marketing
Contract Extension and Appointments
Page 5
statements are based on the beliefs, estimates and opinions of the Company's
management on the date the statements are made. Except as required by applicable law,
the Company assumes no obligation to update or to publicly announce the results of any
change to any forward-looking statement contained or incorporated by reference herein
to reflect actual results, future events or developments, changes in assumptions, or
changes in other factors affecting the forward-looking statements. If the Company updates
any forward-looking statement(s), no inference should be drawn that it will make
additional updates with respect to those or other forward-looking statements.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility for the
adequacy or accuracy of this press release.