Alaska Energy Metals Announces Marketing Contract Extension and Appointments

VANCOUVER, British Columbia, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Alaska Energy Metals Corporation (TSX-V: AEMC, OTCQB: AKEMF) (“AEMC” or the “Company”) announces that, subject to TSX Venture Exchange (“TSX-V”) Approval, it has extended marketing contracts with two service providers and entered into new contracts with two other providers. In accordance with TSX-V Policy 3.4 - Investor Relations, Promotional and Market-Making Activities, details of each new engagement or renewal are discussed below.

Virtus Media Group LLC (“Virtus”)
Further to the Company’s news release of November 6, 2023, the Company has renewed its engagement of Virtus to provide content creation and digital marketing services for a renewed period of 1.5 months, commencing in February 2024 until March 2024 for a total cost of USD $75,000 (approximately CAD$101,737), which shall be paid upfront. The services rendered by Virtus will include Reddit distributions, featured editorials, influencer videos, social media posts and live Discord community events, industry deep dives, and educational posts. Virtus is an Illinois-based company that is headed by CEO Austin Wynn. As of the date hereof, to the Company's knowledge, Virtus (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 Virtus as compensation for its marketing services. For more information on the Company’s engagement of Virtus, please refer to its news release of November 6, 2023.

Black Swan Solutions Inc. DBA VHLA Media (“VHLA”)
The Company has retained VHLA to provide content creation and digital and video marketing services for an anticipated period of three months, commencing on or around March 1, 2024, for a total cost of CAD $102,500 plus GST, which will be paid upfront to VHLA by the Company. VHLA will, as appropriate, prepare and distribute social media content & ads, influencer marketing, landing pages, and CEO interviews. VHLA is a British Columbia-based company headed by Dawson Ignatieff and Adam Emes. The promotional activity may occur on TikTok, Instagram, YouTube, LinkedIn, Twitter, Reddit, as determined by the Company and VHLA. As of the date hereof, to the Company's knowledge, VHLA (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 VHLA as compensation for its marketing services.