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Alaska Energy Metals Announces Marketing Program Addition

Marketing Announcement

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: 24-23

ALASKA ENERGY METALS ANNOUNCES

MARKETING PROGRAM ADDITION

VANCOUVER, BRITISH COLUMBIA, July 26, 2024 – Alaska Energy Metals Corporation (TSX-

V: AEMC, OTCQB: AKEMF) (“Alaska Energy Metals”, the “Company”, or “AEMC”) today

announced additional marketing services with Gold Standard Media.

Further to its news release of July 16, 2024, announcing the 90-day renewal of its marketing

services agreement with Gold Standard Media, LLC (“Gold Standard”), the Company has

decided to increase the scope of Gold Standard’s services to include additional financial

publishing and digital marketing services. In return for the additional services to be

provided, the Company has agreed to increase Gold Standard’s fee from USD$150,000

(approximately CAD$206,400) to USD$250,000 (approximately CAD$345,260). The terms of

the Company’s engagement with Gold Standard remain unchanged. Gold Standard Media

is a Texas-based firm headed by Kenneth Ameduri, Juliet Ameduri, and Lior Gantz. It shall

provide the Company with certain financial publishing and digital marketing services. The

Company has the right to cancel its engagement of Gold Standard at any time. Gold

Standard operates at an arm’s length from the Company, and the Company will not issue

any securities to Gold Standard Media as compensation for its marketing services. To the

best of the Company’s knowledge, certain affiliates and parties related to Gold Standard

currently own 2,550,582 shares of the Company and 540,541 share purchase warrants in

the Company (each a “Warrant”). Each Warrant is exercisable to acquire one additional

share of the Company for an exercise price of $0.80 until November 24, 2025. For more

information on the Company’s initial engagement of Gold Standard, please refer to the

news release dated November 6, 2023.

About Alaska Energy Metals

Alaska Energy Metals Corporation is an Alaska-based corporation with offices in Anchorage

and Vancouver working to sustainably deliver the critical materials needed for national

security and a bright energy future, while generating superior returns for shareholders.

ALASKA ENERGY METALS CORP. | Suite 1000 – 355 Burrard St. | Vancouver, BC V6C 2G8

Tel: 604 638 3164 | Fax: 907 677 3599 | www.alaskaenergymetals.com

Marketing Program Addition

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Announcement of Marketing

act Extension and Appointments

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AEMC is focused on delineating and developing the large-scale, bulk tonnage, polymetallic

Eureka deposit containing nickel, copper, cobalt, chromium, iron, platinum, palladium, and

gold. Located in Interior Alaska near existing transportation and power infrastructure, its

flagship project, Nikolai, is well-situated to become a significant domestic source of

strategic energy-related metals for North America. AEMC also holds a secondary project,

‘Angliers-Belleterre,’ in western Quebec. Today, material sourcing demands excellence in

environmental performance, carbon mitigation, and the responsible management of

human and financial capital. AEMC works every day to earn and maintain the respect and

confidence of the public and believes that ESG performance is measured by action and led

from the top.

ON BEHALF OF THE BOARD

“Gregory Beischer”

Gregory Beischer, President & CEO

FOR FURTHER INFORMATION, PLEASE CONTACT:

Sarah Mawji, Public Relations

Venture Strategies

Email: [email protected]

Forward-Looking Statements

Some statements in this news release may contain forward-looking information (within the

meaning of Canadian securities legislation). 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 guaranteeing 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

ALASKA ENERGY METALS CORP. | Suite 1000 – 355 Burrard St. | Vancouver, BC V6C 2G8

Tel: 604 638 3164 | Fax: 907 677 3599 | www.alaskaenergymetals.com

Marketing Program Addition

Page 3

Announcement of Marketing

act Extension and Appointments

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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

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 TSX Venture Exchange nor its Regulation Services Provider (as that term is

defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy

or accuracy of this release.