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AEMC.V ·

Alaska Energy Metals Reports ON at – the – Market Equity Financing Program

Financings

ALASKA ENERGY METALS CORP. | Suite 300 – 1055 West Hastings St. | Vancouver, BC V6E 2E9

Direct: 604 609 7149 | Toll-Free: 877 217 8978 | www.alaskaenergymetals.com

NR: 25-09

ALASKA ENERGY METALS REPORTS ON AT – THE – MARKET

EQUITY FINANCING PROGRAM

VANCOUVER, BRITISH COLUMBIA, May 14, 2025 – Alaska Energy Metals Corporation (TSX-

V: AEMC, OTCQB: AKEMF) (“AEMC” or the “Company”) announces that during the fiscal

quarter ending March 31, 2025 it has issued a total of 4,581,000 AEMC common shares

(each a “Share”) on the TSX-V at an average price of $0.113 per Share under its at – the –

market equity program launched in February 2025. The sales provided gross proceeds of

$515,724.51. A commission of $13,675.65 was paid to Haywood Securities Inc. in relation to

the distributions. Proceeds 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 second quarter of 2025.

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.

ALASKA ENERGY METALS CORP. | Suite 300 – 1055 West Hastings St. | Vancouver, BC V6E 2E9

Direct: 604 609 7149 | Toll-Free: 877 217 8978 | www.alaskaenergymetals.com

At – the – Market Equity Program

Page 2

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 it will continue

with its At – the - Market equity program and use of proceeds from this 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 actual results to differ materially from

those in forward-looking statements include but are not limited to uncertainty relating to the

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 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.

ALASKA ENERGY METALS CORP. | Suite 300 – 1055 West Hastings St. | Vancouver, BC V6E 2E9

Direct: 604 609 7149 | Toll-Free: 877 217 8978 | www.alaskaenergymetals.com

At – the – Market Equity Program

Page 3

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.