Alaska Energy Metals Extends Marketing Services Engagement

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

NR26-04

ALASKA ENERGY METALS EXTENDS MARKETING SERVICES

ENGAGEMENT

VANCOUVER, BRITISH COLUMBIA, April 28, 2026 – Alaska Energy Metals

Corporation (TSX-V: AEMC, OTCQB: AKEMF) (“AEMC” or the “Company”) further to

the Company’s news releases issued on September 29, 2025, January 6, 2026 and

January 29, 2026, the Company announces that, subject to approval of the TSX

Venture Exchange, it has further extended the term of its marketing agreement (the

”Amending Agreement”) with Capital Gain Media Inc. (“Capital Gain”) for an

additional two-month term from June 6, 2026 to August 6, 2026. Pursuant to the

terms of the Amending Agreement, an additional marketing budget of C$200,000

plus applicable taxes is payable to Capital Gain. Capital Gain provides investor

relation services and is based in Vancouver, British Columbia. 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 arms-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 CORPORATION

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.

Marketing Contract Extension

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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.

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, that (a)

AEMC will obtain TSX-V approval for the marketing and investor awareness engagement

(b) the terms and timelines 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

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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 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.