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Alaska Energy Metals Reports on At-the-Market Equity Financing Program

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Alaska Energy Metals (OTCQB:AKEMF, TSXV:AEMC) reported that in the fiscal quarter ending June 30, 2026, it issued 5,165,000 common shares on the TSX-V at an average price of $0.075 per share under its at-the-market equity program, raising gross proceeds of $387,703.90. A commission of $10,650.74 was paid to Haywood Securities. According to Alaska Energy Metals, proceeds fund metallurgical studies, mining options assessment, and general corporate purposes, and the company plans to continue the at-the-market program in the third quarter of 2026.

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Positive

  • Gross proceeds of $387,703.90 raised via at-the-market equity in Q2 2026
  • 5,165,000 shares issued to fund metallurgical studies and mining options assessment

Negative

  • Issuance of 5,165,000 new shares implies equity dilution for existing shareholders
  • $10,650.74 commission paid to Haywood Securities reduces net proceeds available

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VANCOUVER, BC / ACCESS Newswire / July 10, 2026 / Alaska Energy Metals Corporation (TSXV:AEMC)(OTCQB:AKEMF) ("AEMC" or the "Company") announces that during the fiscal quarter ending June 30, 2026 it has issued a total of 5,165,000 AEMC common shares (each a "Share") on the TSX-V at an average price of $0.075 per Share under its at-the-market equity program launched in February 2025. The sales provided gross proceeds of $387,703.90. A commission of $10,650.74 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 third quarter of 2026.

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.

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.

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.

SOURCE: Alaska Energy Metals Corp.



View the original press release on ACCESS Newswire

FAQ

How many shares did Alaska Energy Metals (AKEMF) issue under its ATM program in Q2 2026?

Alaska Energy Metals issued 5,165,000 common shares under its at-the-market program in Q2 2026. According to Alaska Energy Metals, these shares were sold on the TSX-V at an average price of $0.075 per share during the quarter.

How much did Alaska Energy Metals (AKEMF) raise from its at-the-market equity program in the quarter ending June 30, 2026?

Alaska Energy Metals raised gross proceeds of $387,703.90 in the quarter ending June 30, 2026. According to Alaska Energy Metals, this funding came from selling 5,165,000 common shares at an average price of $0.075 per share under its at-the-market program.

What fees did Alaska Energy Metals (AKEMF) pay to Haywood Securities for the Q2 2026 ATM share sales?

Alaska Energy Metals paid a commission of $10,650.74 to Haywood Securities for the Q2 2026 ATM share distributions. According to Alaska Energy Metals, this commission was related to the sale of 5,165,000 common shares on the TSX-V.

How will Alaska Energy Metals (AKEMF) use the proceeds from its Q2 2026 at-the-market share issuances?

Alaska Energy Metals plans to use the proceeds for ongoing metallurgical studies, mining scenario options assessment, and general corporate purposes. According to Alaska Energy Metals, the $387,703.90 gross proceeds support advancing technical work and corporate activities.

Will Alaska Energy Metals (AKEMF) continue its at-the-market equity program after June 30, 2026?

Alaska Energy Metals plans to continue its at-the-market equity program in the third quarter of 2026. According to Alaska Energy Metals, the program, launched in February 2025, remains an active tool for raising capital on the TSX-V.

At what average price did Alaska Energy Metals (AKEMF) sell shares under its ATM program in Q2 2026?

Alaska Energy Metals sold shares at an average price of $0.075 per share in Q2 2026. According to Alaska Energy Metals, this average price applied to the 5,165,000 common shares issued under its at-the-market equity program.