Alaska Energy Metals to Resolve Debt with Share Issuance

On July 23, 2026, Alaska Energy Metals Corporation (AEMC) announced its intention to settle up to USD $360,000 (CAD $510,084) of accrued debt through the issuance of common shares. The company plans to issue up to 10,201,680 shares at a price of CAD $0.05 per share to certain creditors. This plan is subject to the TSX Venture Exchange's approval.

These shares will be placed under a four-month hold period. AEMC emphasizes that this announcement does not constitute an offer to sell or solicit securities in the United States.

The company, known for its projects like the Nikolai Project in Alaska, aims to provide crucial materials while ensuring responsible environmental and financial management. Investors are cautioned about the forward-looking statements, emphasizing uncertainties around regulatory approvals and other risk factors that could affect outcomes.