Alaska Energy Metals Secures $1 Million for Nikolai Project Expansion

Alaska Energy Metals Corporation (AEMC) announced the completion of a non-brokered private placement, raising $1 million. The funds position the company to advance its Nikolai project in Alaska, which includes nickel and other essential metals. Immediate objectives include metallurgical and hydrometallurgical studies, road and camp permitting, an internal economic evaluation, and preparations for the 2026 field program. Marketing efforts aim to raise awareness of the project.

The private placement involved issuing 11,764,705 units at $0.085 per unit, with each unit comprising one common share and a warrant. Directors purchased some units but related party transactions were within regulatory exemptions. No finders' fees were involved.

CEO Gregory Beischer highlighted the strategic alignment with U.S. national security needs, particularly given the Nikolai deposit's critical minerals. The company engages with government officials and is preparing for future government funding opportunities.