Alaska Energy Metals Announces Results of Its Annual
Alaska Energy Metals Corporation announced the approval of all items from its April 2024 Management Information Circular during its adjourned 2024 Annual General Meeting on July 18, 2024. Shareholders elected six management nominees, including new directors Mario Vetro, Tyron Breytenbach, and Ian Stalker. The company ratified its Share Option Plan and Fixed RSU Plan, and […]
Alaska Energy Metals Announces Drilling Program at the
Alaska Energy Metals Corporation is excited to announce the launch of a new drilling program at its Canwell block, part of the Nikolai Nickel Project in Alaska. This initiative aims to explore promising geological, geophysical, and geochemical targets, with plans for three drill holes totaling 1,200 meters. The Canwell prospects, featuring high-grade nickel-copper-iron sulfide mineralization, are strategically located near the Eureka deposit, which boasts a significant accumulation of valuable metals. Additionally, the company is set to conduct metallurgical testing to further assess the potential of its mineral resources. Discover the latest developments in this promising venture!
Alaska Energy Metals Announces Closing of Side Car Unit
Alaska Energy Metals Corporation (AEMC) announced the closing of a side car offering of 2,275,000 units at $0.15 each, generating gross proceeds of $341,250. Each unit includes one common share and one warrant, with a three-year validity to purchase shares at $0.20. The company paid $23,887 in cash finder’s fees and issued 159,250 broker warrants. […]
Alaska Energy Metals Announces Closing of an Oversubscribed
Not for distribution to United States newswire services or for release publication, distribution, or dissemination directly, or indirectly, in whole or in part, in or into the United States Highlights The first tranche of the previously announced $3.0 million special warrant offering has been closed oversubscribed at $3.3 million. The company announces an upsizing in […]
Alaska Energy Metals Closes Option to Acquire the Bambino
Alaska Energy Metals Corporation (AEMC) has received approval from the TSX Venture Exchange for its recent transaction to acquire a 100% interest in the 57-claim, 3,320-hectare Bambino nickel-copper-platinum group element property in Quebec. Under the Option Agreement, AEMC issued 150,000 common shares to the vendors, subject to a hold period until October 4, 2024. AEMC […]
Alaska Energy Metals Secures Option to Acquire the Bambino
Highlights The Bambino property is adjacent to AEMC’s Angliers-Belleterre claim block and constructively adds to the property position. The combined claims are underlain by thick basalt flow interlayered with gabbro sills and komatiite flows in a regional setting thought to include a mantle plume, and prospective for Kambalda or Raglan-style high-grade nickel mineralization. Significant copper-nickel-PGE […]
Alaska Energy Metals Advances Core Asset Focus With Sale of
Alaska Energy Metals Corporation (AEMC) announced the sale of its shares in Felix Gold Ltd. for CAD$350,000 and the divestiture of its Mexican subsidiary, Recursos Millrock, to Grupo Minero Factor S.A. de C.V. These transactions added non-dilutive capital to AEMC’s balance sheet and align with its strategy to focus on the Nikolai Nickel Project. AEMC […]
Alaska Energy Metals Announces Automatic Conversion of
Alaska Energy Metals Corporation (AEMC) announced the filing of a prospectus supplement on April 30, 2024, to qualify the distribution of securities related to 2,500,000 special warrants issued on February 8, 2024. This supplement includes 2,500,000 common shares and 1,250,000 warrants for acquiring common shares at $0.80 each for 24 months. It also qualifies the […]
Alaska Energy Metals Obtains Receipt for Short Form Base
Alaska Energy Metals Corporation (AEMC) announced it has received a receipt for its final short form base shelf prospectus, allowing it to raise up to C$50 million through securities over a 25-month period. The prospectus enables the company to issue various securities, with specific terms disclosed in future supplements. AEMC focuses on developing its large […]
Alaska Energy Metals Files Amended NI 43-101 Technical
Alaska Energy Metals Corporation (AEMC) has filed an amended Technical Report for its Nikolai Nickel Project in Alaska, effective April 12, 2024. The report, which follows a review by the Canadian Securities Administration, confirms that the Mineral Resource Estimate remains unchanged from the original report filed on March 14, 2024. Minor edits included the addition […]