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Alaska Energy Metals Announces Marketing Program Addition
VANCOUVER, British Columbia, July 26, 2024 (GLOBE NEWSWIRE) -- Alaska Energy Metals Corporation (TSX-V: AEMC, OTCQB: AKEMF) (“Alaska Energy Metals”, the “Compan
About this update from Alaska Energy Metals Corporation
[{"type":"text","content":" VANCOUVER, British Columbia, July 26, 2024 (GLOBE NEWSWIRE) -- Alaska Energy Metals Corporation (TSX-V: AEMC, OTCQB: AKEMF) (“Alaska Energy Metals”, the “Company”, or “AEMC”) today announced additional marketing services with Gold Standard Media. Further to its news release of July 16, 2024, announcing the 90-day renewal of its marketing services agreement with Gold Standard Media, LLC (“Gold Standard”), the Company has decided to increase the scope of Gold Standard’s services to include additional financial publishing and digital marketing services. In return for the additional services to be provided, the Company has agreed to increase Gold Standard’s fee from USD$150,000 (approximately CAD$206,400) to USD$250,000 (approximately CAD$345,260). The terms of the Company’s engagement with Gold Standard remain unchanged. Gold Standard Media is a Texas-based firm headed by Kenneth Ameduri, Juliet Ameduri, and Lior Gantz. It shall provide the Company with certain financial publishing and digital marketing services. The Company has the right to cancel its engagement of Gold Standard at any time. Gold Standard operates at an arm’s length from the Company, and the Company will not issue any securities to Gold Standard Media as compensation for its marketing services. To the best of the Company’s knowledge, certain affiliates and parties related to Gold Standard currently own 2,550,582 shares of the Company and 540,541 share purchase warrants in the Company (each a “Warrant”). Each Warrant is exercisable to acquire one additional share of the Company for an exercise price of $0.80 until November 24, 2025. For more information on the Company’s initial engagement of Gold Standard, please refer to the news release dated November 6, 2023. About Alaska Energy Metals Alaska Energy Metals Corporation 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 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-situa...