Alaska Energy Metals Announces up to $3 Million Life Offering of Units and Updates at-the-Market Program Update
ALASKA ENERGY METALS CORP. | Suite 300 – 1055 West Hastings St. | Vancouver, BC V6E 2E9
Tel: 604 638 3164 | Fax: 907 677 3599 | www.alaskaenergymetals.com
NR26-01
ALASKA ENERGY METALS ANNOUNCES UP TO $3 MILLION
LIFE OFFERING OF UNITS AND UPDATES AT-THE-MARKET
PROGRAM UPDATE
- NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S.
NEWSWIRE SERVICES-
VANCOUVER, BRITISH COLUMBIA January 6, 2026 – Alaska Energy Metals Corporation
(TSX- V: AEMC, OTCQB: AKEMF) (“ AEMC” or the “ Company”) announces that it is
undertaking a non -brokered private placement of a minimum of 22,727,272 units
(the “Units”) and up to a maximum of 27,272,727 Units of the Company at a price of
C$0.11 per Unit for gross proceeds to the Company of a minimum of approximately
C$2,500,000 up to a maximum of approximately C$3,000,000 (the “Offering”).
Each Unit will consist of one common share in the capital of the Company (a
“Common Share”) and one Common Share purchase warrant (a “ Warrant”). Each
Warrant will entitle the holder thereof to purchase one Common Share of the
Company (a “ Warrant Share”) at an exercise price of $0. 15 per Warrant Share for
three (3) years after the Closing Date (as defined below).
The Offering is being completed pursuant to the listed issuer financing exemption
under Part 5A of National Instrument 45-106 - Prospectus Exemptions, as amended by
Coordinated Blanket Order 45-935 – Exemptions from Certain Conditions to the Listed
Issuer Financing Exemption (the “LIFE Exemption”) to purchasers resident in each of
the Provinces of Canada, except Quebec. The Units issued pursuant to the LIFE
Exemption will not be subject to a hold period in accordance with applicable
Canadian securities laws. There will be an offering document related to the Offering
that will be available under the Company's profile at www.sedarplus.ca and on the
Company's website at: www. alaskaenergymetals.com. Prospective investors should
read the offering document before making an investment decision.
Upon closing of the Offering, the Company may pay a (i) a finder’s fee equal to up to
8.0% of the aggregate gross proceeds of the Offering and (ii) issue non-transferrable
warrants of the Company exercisable at any time prior to the date that is three (3)
from the Closing Date to acquire that number of Common Shares equal to 8.0% of
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the number of Units issued under the Offering, at an exercise price of $0.15, subject
to adjustment in certain events.
The Company plans to use the proceeds of the Offering to continue metallurgical
studies, exploration drilling, permitting activities, marketing and for general working
capital purposes.
The Offering is scheduled to close on or about January 13, 2026 (the “Closing Date”)
and completion of the Offering is subject to certain conditions including, but not
limited to, receiving subscriptions for the minimum amount of $2,500,000 under the
Offering and the receipt of all necessary approvals, including the approval of the TSX
Venture Exchange (the “TSX-V”).
This press release shall not constitute an offer to sell or the solicitation of an offer to
buy securities in the United States, nor shall there be any sale of the securities in any
jurisdiction in which such offer, solicitation or sale would be unlawful. The securities
being offered have not been, nor will they be, registered under the United States
Securities Act of 1933, as amended, (the “1933 Act”) or under any U.S. state securities
laws, and may not be offered or sold in the United States absent regist ration or an
applicable exemption from the registration requirements of the 1933 Act, as
amended, and applicable state securities laws.
At-the-Market Program Update
The Company also announces that during the fiscal quarter ending December 31,
2025 it has issued a total of 191,500 Common Shares on the TSX-V at an average price
of C$0.13 per Common Share under its at -the-market equity program launched in
February 2025. The sales provided gross proceeds of $ 24,895.00. A ggregate
commissions of $ 629.68 was paid to Haywood Securities Inc. in relation to the
distributions. Proceeds of the At -the-Market program are being used for ongoing
metallurgical studies, an options assessment for mining scenarios, and for general
corporate purposes. The Company plans to continue with its at -the-market equity
program in the first quarter of 2026.
Investor Relations Contract Extension - Capital Gains Media
On September 29, 2025, the Company entered into an investor relations agreement
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with Capital Gain. Pursuant to that investor relations agreement, Capital Gain has
been providing content development and digital marketing services. The Company is
extending the investor relations agreement for an additional 90 days commencing
on January 6, 2026. In accordance with the terms and conditions of the investor
relations agreement and as consideration for the services provided by Capital Gain,
the Company agreed to pay an aggregate up -front cash fee of C$200,000, plus
applicable taxes. No additional compensation is being paid to Capital Gain for the
extension. Capital Gain provides investor relation services and is based in Vancouver,
BC. Capital Gain’s principal is Graham Colmer. As of the date hereof, to the
Company's knowledge, Capital Gain (including its directors and officers) does not
own any securities of the Company and has an arm's -length relationship with the
Company. Under the Capital Gain Agreement, the Company will not issue any
securities to Capital Gain as compensation for its marketing services.
For additional information, visit: https://alaskaenergymetals.com/
ABOUT ALASKA ENERGY METALS
Alaska Energy Metals Corporation (AEMC) 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.
AEMC is focused on delineating and developing the large-scale, bulk tonnage,
polymetallic Nikolai Project 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 metals for
North America. AEMC also holds a secondary project in western Quebec; the
Angliers – Belleterre project. Today, material sourcing demands excellence in
environmental performance, technological innovation, 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.
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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: 604-609-7149
Some statements in this news release may contain forward -looking information
(within the meaning of Canadian securities legislation), including, without
limitation statements relating to the closing of Offering, including receipt of all
approvals, and the use of proceeds of the Offering and the At -the-Market program
proceeds, and to its marketing program . 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 do not guarantee future
performance and actual results may differ materially from those in the forward-
looking statements. Factors that could cause the a ctual results to differ materially
from those in forward-looking statements include but are not limited to uncertainty
relating to the ability of the Company to raise a minimum of $2.5 million under the
Offering, estimation of mineral resources, 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 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
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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.