Alaska Energy Metals Closes Financings
ALASKA ENERGY METALS INC. | Suite 1000 – 355 Burrard St. | Vancouver, BC V6C 2G8
Tel: 604 638 3164 | Fax: 907 677 3599 | www.alaskaenergymetals.com
NR: 23-06
ALASKA ENERGY METALS
CLOSES FINANCINGS
Not for Distribution to United States Newswire Services or for dissemination in the United States
VANCOUVER, BRITISH COLUMBIA, May 30, 2023 – Alaska Energy Metals Corporation (TSX-
V: AEMC, OTCQB: MLRKF) (“Alaska Energy Metals” or the “Company”) announces that it
has closed the non-brokered private placements announced on May 12, 2023, raising total
gross proceeds of $2,609,180 by the sale of an increased total of 9,318,500 common shares of
the Company (each, a “Share”). Gross proceeds of $2,091,180 were issued under the listed
issuer financing exemption by the sale of 7,468,500 Shares, and gross proceeds of $518,000
were issued under other prospectus exemptions (the “Non-LIFE Offering”) by the sale of
1,850,000 Shares.
Commissions totaling $61,404 were paid to finders, together with 407,110 Shares (the “Finder’s
Shares”) and 626,410 Share purchase warrants (each, a “Finder’s Warrant”). Each Finder’s
Warrant entitles the holder to purchase one Share at a price of $0.28 for a period of 12 months
from the date of issue. A due diligence fee of $30,000 was also paid.
The Shares issued under the Non-LIFE Offering, the Finder’s Shares, the Finder’s Warrants,
and the Shares issuable upon exercise of the Finder’s Warrants are subject to a hold period
expiring October 1, 2023.
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, and palladium.
Located in development-friendly central Alaska near existing transportation and power
infrastructure, the project is well-situated to become a significant, domestic source of critical and
strategic energy-related metals.
ON BEHALF OF THE BOARD
“Gregory Beischer”
Gregory Beischer, President & CEO
ALASKA ENERGY METALS INC. | Suite 1000 – 355 Burrard St. | Vancouver, BC V6C 2G8
Tel: 604 638 3164 | Fax: 907 677 3599 | www.alaskaenergymetals.com
Alaska Energy Metals
Closes Financings
Page 2
FOR FURTHER INFORMATION, PLEASE CONTACT:
Gregory A. Beischer, President & CEO
Toll-Free: 877-217-8978 | Local: 604-638-3164
This news release does not constitute an offer for sale, or a solicitation of an offer to buy, in the United States or to any “U.S Person”
(as such term is defined in Regulation S under the U.S. Securities Act of 1933, as amended (the “1933 Act”)) of any equity or other
securities of the Company. The securities of the Company have not been, and will not be, registered under the 1933 Act or under
any state securities laws and may not be offered or sold in the United States or to a U.S. Person absent registration under the 1933
Act and applicable state securities laws or an applicable exemption therefrom.