Alaska Energy Metals Announces Commencement of Marketing and Investor Awareness Program and New Engagements

VANCOUVER, British Columbia, Jan. 22, 2024 (GLOBE NEWSWIRE) -- Alaska Energy Metals Corporation (TSX-V: AEMC, OTCQB: AKEMF) (“AEMC” or the “Company”) is pleased to announce that it has entered into additional investor awareness and marketing agreements with a total of five vendors to deliver a comprehensive program that will begin in Q1 2024.

Further to the Company’s news release dated November 6, 2023, and subject to acceptance by the TSX Venture Exchange (the “Exchange”), it has engaged the marketing services of Market Radius Capital Inc. (“Market Radius”), InvestorIdeas.com DBA Econ Corp Services (“Investorideas.com”), and Triomphe Holdings Ltd. dba Capital Analytica (“Capital Analytica”). Further to the Company’s news releases dated July 6, 2023 and December 8, 2023, it has renewed its Marketing Services Contract with MMG Market Medium GmbH & Co. KG. (“MMG”) for an additional six (6) month term and further to news releases dated November 6 and 22, 2023, it has renewed its engagement with Gold Standard Media, LLC (“Gold Standard”) for an additional 90-day term. This news release is made in accordance with requirements of the TSX Venture Exchange Policy 3.4 – Investor Relations, Promotional and Market Making Activities. Funding for this comprehensive program comes from the proceeds of equity financings carried out in Summer 2023.

Alaska Energy Metals Corporation President & CEO Gregory Beischer commented: “Our previously announced marketing program has now been fully approved. Marketing efforts we had hoped to start in Fall 2023 are just now beginning, and with the additional services mentioned in this press release, we are now finally ready to work in earnest to raise market and brand awareness of Alaska Energy Metals. The objectives of our comprehensive strategy are to create effective capital market awareness, increase investor engagement, and allow us to connect with existing and new shareholders during what we anticipate will be a very active time for us.”

Market Radius: The Company has retained Market Radius to provide video content on behalf of the Company. The term of this agreement will end when the video content has been completed or within 18 months, whichever is earlier. As compensation for the engagement, the Company will pay Market Radius an upfront fee of CAD $3,000 plus GST. Market Radius is a British Columbia-based company headed by Martin Gagel. As of the date hereof, to the Company's knowledge, Market Radius (including its directors and officers) does not own any securities of the Company and has an arm’s length relationship with the Company. The Company will not issue any securities to Market Radius as compensation for its marketing services.