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Alaska Energy Metals Closes Purchase of Historical Data Set, Nikolai Nickel Project, Alaska

VANCOUVER, British Columbia, Aug. 22, 2023 (GLOBE NEWSWIRE) -- Alaska Energy Metals Corporation (“Alaska Energy Metals” or “the Company”, TSX-V: AEMC, OTCQB: AK

articleAlaska Energy Metals CorporationAugust 22, 20235/company/alaska-energy-metals-corporation/news/alaska-energy-metals-closes-purchase-of-historical-data-set-nikolai-nickel-project-alaska
Alaska Energy Metals Closes Purchase of Historical Data Set, Nikolai Nickel Project, Alaska

About this update from Alaska Energy Metals Corporation

[{"type":"text","content":" VANCOUVER, British Columbia, Aug. 22, 2023 (GLOBE NEWSWIRE) -- Alaska Energy Metals Corporation (“Alaska Energy Metals” or “the Company”, TSX-V: AEMC, OTCQB: AKEMF) is pleased to announce it has closed the data purchase transaction announced on August 16, 2023. The Company has purchased an exclusive database of historical information concerning the Nikolai project in Alaska. The Company purchased the data from private company Alaska Critical Metals (“ACM”) for $1,050,000 and 2,000,000 Alaska Energy Metals shares at a deemed price of $0.50 per share. The shares are subject to a statutory and a contractual hold period. As a result, the shares may not be traded before February 21, 2024, at which time up to 50% of the shares may be sold. The remaining shares may not be sold until after August 21, 2024. About Alaska Energy Metals Alaska Energy Metals Corporation is focused on delineating and developing a large polymetallic exploration target containing nickel, copper, cobalt, chrome, iron, platinum, palladium and gold. Located in development-friendly central Alaska near existing transportation and power infrastructure, the project is well-situated to become a significant, domestic source of critical and strategic energy-related metals. ON BEHALF OF THE BOARD“Gregory Beischer”Gregory Beischer, President & CEO FOR FURTHER INFORMATION, PLEASE CONTACT: Gregory A. Beischer, President & CEOToll-Free: 877-217-8978 | Local: 604-638-3164 Sarah Mawji, Public RelationsFinal Edit Media and Public Relations Email: [email protected] Some statements in this news release may contain forward-looking information (within the meaning of Canadian securities legislation). 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 are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. ...

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