Business
Alaska Energy Metals Announces Appointment of New CFO, Marketing Agreements, and Grant of Restricted Share Units and Stock Options
VANCOUVER, British Columbia, Oct. 04, 2024 (GLOBE NEWSWIRE) -- Alaska Energy Metals Corporation (TSX-V: AEMC, OTCQB: AKEMF) (“Alaska Energy Metals”, “AEMC” or t
About this update from Alaska Energy Metals Corporation
[{"type":"text","content":" VANCOUVER, British Columbia, Oct. 04, 2024 (GLOBE NEWSWIRE) -- Alaska Energy Metals Corporation (TSX-V: AEMC, OTCQB: AKEMF) (“Alaska Energy Metals”, “AEMC” or the “Company”) makes the announcements listed below. Chief Financial Officer Kevin Ma has been appointed as the Company’s Chief Financial Officer (“CFO”) effective immediately, replacing David Cross, who served as the Company’s CFO since 2020. Mr. Cross and his firm, Cross Davis & Company, will continue to assist with accounting and financial reporting for the Company during a transition period. The Company thanks Mr. Cross for his four years of strong service to Alaska Energy Metals and predecessor company Millrock Resources Inc. Mr. Ma is a Chartered Professional Accountant and principal of Calibre Capital Partners of Vancouver, Canada, and has served as CFO or Finance Director for numerous exploration and mining companies. Marketing and Market Maker Contracts In accordance with the requirements of TSX Venture Exchange Policy 3.4 – Investor Relations, Promotional and Market Making Activities, the Company announces that it has entered into marketing contracts as follows: Apollo Shareholder Relations (“Apollo”) The Company has engaged Apollo to provide investor communications services, including email list building and management, live events, content creation, and forum and chatroom content creation, quarterly research reports, email list building for an initial term of seven months with the possibility to renew for additional one-month intervals on the same terms as the initial term. The initial term of Apollo’s engagement will commence on approximately October 1, 2024, and will run until approximately April 30, 2025. Apollo is a British Columbian-based company headed by Kevan Matheson, Chase Kazakoff, and Jazz Chodak. The consideration payable to Apollo is a total of CAD$47,000 plus GST for the initial seven-month term, which will be paid upfront. To the best of the Company’s knowledge, Apollo does not have any equity interest in the securities of the Company or a right to acquire such an interest. Apollo operates as an arm’s length service provider to the Company. New Era Publishing Inc. dba www.carboncredits.com (“carboncredits.com) The Company has engaged www.carboncredits.com to engage North American and European investor audiences to bolster awareness of ...