Alaska Energy Metals Initiates At-the-Market Offering Worth $10 Million

Vancouver-based Alaska Energy Metals Corporation (TSXV:AEMC)(OTCQB:AKEMF) announced an equity distribution agreement with Haywood Securities Inc. This enables the company to sell up to $10 million in common shares via at-the-market (ATM) distributions. Sales will occur primarily on the TSX Venture Exchange. Share distribution will continue until November 30, 2026, or until the $10 million threshold is reached.

The proceeds aim to fund metallurgical studies and update the Mineral Resource Estimate for the Eureka deposit. Additionally, the funds will assist in marketing the Nikolai Project to potential partners. These efforts are part of AEMC's strategy to advance its mining projects in Alaska and Quebec.