Latest news with #AEMC
Yahoo
27-05-2025
- Business
- Yahoo
Alaska Energy Metals Announces Closing of Flow -Through Unit Financing With a Single, Strategic, Institutional Subscriber for Further Exploration at Angliers - Belleterre Project, Quebec
Not for distribution to United States newswire services or for release publication, distribution, or dissemination directly, or indirectly, in whole or in part, in or into the United States. VANCOUVER, BC / / May 26, 2025 / Alaska Energy Metals Corporation (TSXV:AEMC)(OTCQB:AKEMF) ("AEMC" or the "Company") is pleased to announce that it has closed a flow-through financing of units of the Company (the "Units") at a price of $0.115 per Unit, for gross proceeds of $500,020 (the "Offering"). Each Unit consisted of one common share of the Company that qualifies as a "flow-through share" for the purposes of the Income Tax Act (Canada) (an "FT Share") and one-half of one common share purchase warrant of the Company (each whole, a "Warrant"). Each whole Warrant is exercisable to purchase for one common share of the Company to be issued on a non-flow-through basis (a "Warrant Share") at an exercise price of $0.16 per Warrant Share for a period of 24 months after the closing date of the Offering. Upon the conditional acceptance of the TSX Venture Exchange (the "TSXV"), the Company closed the Offering and issued an aggregate 4,348,000 FT Shares and 2,174,000 Warrants underlying the Units sold in the Offering. The Company paid a cash fee of $35,001.40 and issued 304,360 non-transferable share purchase warrants (the "Finder Warrants") to arm's length finder, 3L Capital Inc., (the "Finder"), representing 7% of the gross proceeds and 7% of the Units arranged by the Finder under the Offering. Each Finder Warrant is exercisable to purchase one common share of the Company (the "Finder Share") at $0.115 per Finder Share for a period of 24 months after the closing of the Offering. The securities issued and issuable under the Offering are subject to a hold period of four months and one day following the closing date of the Offering. The net proceeds from the Offering will be used to incur "Canadian exploration expenses" as such term is defined under subsection 66.1(6) of the Income Tax Act (Canada) and will qualify as "flow-through mining expenditures" as defined in subsection 127(9) of the Income Tax Act (Canada), and "BC flow-through mining expenditures" as defined in subsection 4.721(1) of the Income Tax Act (British Columbia). Proceeds of the financing will be deployed for exploration work at the Company's Angliers - Belleterre project in Quebec, with particular attention to the Rapids / McBride and Vaseux prospects. Planned work includes, geological mapping, prospecting and sampling, ground-based geophysical surveys and/or exploration drilling. The Rapids / McBride prospect shows possible signs of Kambalda-style nickel-copper mineralization but also has features indicative of a volcanogenic massive sulfide environment. The Vaseux prospect shows indications of mineralization potentially similar to the Midrim nickel prospect which occurs on third-party claims to the east. Qualified PersonGregory Beischer, the Company's President and CEO, is the qualified person, as defined under NI 43-101 having reviewed and approved of the scientific and technical information contained in this news release. For additional information, visit: About Alaska Energy MetalsAlaska Energy Metals Corporation (AEMC) 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 Nikolai Project 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-situated to become a significant domestic source of strategic metals for North America. AEMC also holds a secondary project in western Quebec; the Angliers - Belleterre project. Today, material sourcing demands excellence in environmental performance, technological innovation, carbon mitigation and the responsible management of human and financial capital. AEMC works every day to earn and maintain the respect and confidence of the public and believes that ESG performance is measured by action and led from the top. 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: 604-609-7149 Forward-Looking StatementsSome statements in this news release may contain forward-looking information (within the meaning of Canadian securities legislation), including, without limitation, the statements as to the use of proceeds, to perform exploration surveys and to drill exploratory holes at the the Rapids / McBride and Vaseux prospects. 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 guaranteeing of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include regulatory actions, market prices, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by applicable law, the Company assumes no obligation to update or to publicly announce the results of any change to any forward-looking statement contained or incorporated by reference herein to reflect actual results, future events or developments, changes in assumptions, or changes in other factors affecting the forward-looking statements. If the Company updates any forward-looking statement(s), no inference should be drawn that it will make additional updates with respect to those or other forward-looking statements. This news release does not constitute an offer for sale, or a solicitation of an offer to buy, in the United States or to any "U.S Person" (as such term is defined in Regulation S under the U.S. Securities Act of 1933, as amended (the "1933 Act")) of any equity or other securities of the Company. The securities of the Company have not been, and will not be, registered under the 1933 Act or under any state securities laws and may not be offered or sold in the United States or to a U.S. Person absent registration under the 1933 Act and applicable state securities laws or an applicable exemption therefrom. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. SOURCE: Alaska Energy Metals Corporation View the original press release on ACCESS Newswire
Yahoo
26-05-2025
- Business
- Yahoo
Alaska Energy Metals Announces Closing of Flow -Through Unit Financing With a Single, Strategic, Institutional Subscriber for Further Exploration at Angliers - Belleterre Project, Quebec
Not for distribution to United States newswire services or for release publication, distribution, or dissemination directly, or indirectly, in whole or in part, in or into the United States. VANCOUVER, BC / / May 26, 2025 / Alaska Energy Metals Corporation (TSXV:AEMC)(OTCQB:AKEMF) ("AEMC" or the "Company") is pleased to announce that it has closed a flow-through financing of units of the Company (the "Units") at a price of $0.115 per Unit, for gross proceeds of $500,020 (the "Offering"). Each Unit consisted of one common share of the Company that qualifies as a "flow-through share" for the purposes of the Income Tax Act (Canada) (an "FT Share") and one-half of one common share purchase warrant of the Company (each whole, a "Warrant"). Each whole Warrant is exercisable to purchase for one common share of the Company to be issued on a non-flow-through basis (a "Warrant Share") at an exercise price of $0.16 per Warrant Share for a period of 24 months after the closing date of the Offering. Upon the conditional acceptance of the TSX Venture Exchange (the "TSXV"), the Company closed the Offering and issued an aggregate 4,348,000 FT Shares and 2,174,000 Warrants underlying the Units sold in the Offering. The Company paid a cash fee of $35,001.40 and issued 304,360 non-transferable share purchase warrants (the "Finder Warrants") to arm's length finder, 3L Capital Inc., (the "Finder"), representing 7% of the gross proceeds and 7% of the Units arranged by the Finder under the Offering. Each Finder Warrant is exercisable to purchase one common share of the Company (the "Finder Share") at $0.115 per Finder Share for a period of 24 months after the closing of the Offering. The securities issued and issuable under the Offering are subject to a hold period of four months and one day following the closing date of the Offering. The net proceeds from the Offering will be used to incur "Canadian exploration expenses" as such term is defined under subsection 66.1(6) of the Income Tax Act (Canada) and will qualify as "flow-through mining expenditures" as defined in subsection 127(9) of the Income Tax Act (Canada), and "BC flow-through mining expenditures" as defined in subsection 4.721(1) of the Income Tax Act (British Columbia). Proceeds of the financing will be deployed for exploration work at the Company's Angliers - Belleterre project in Quebec, with particular attention to the Rapids / McBride and Vaseux prospects. Planned work includes, geological mapping, prospecting and sampling, ground-based geophysical surveys and/or exploration drilling. The Rapids / McBride prospect shows possible signs of Kambalda-style nickel-copper mineralization but also has features indicative of a volcanogenic massive sulfide environment. The Vaseux prospect shows indications of mineralization potentially similar to the Midrim nickel prospect which occurs on third-party claims to the east. Qualified PersonGregory Beischer, the Company's President and CEO, is the qualified person, as defined under NI 43-101 having reviewed and approved of the scientific and technical information contained in this news release. For additional information, visit: About Alaska Energy MetalsAlaska Energy Metals Corporation (AEMC) 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 Nikolai Project 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-situated to become a significant domestic source of strategic metals for North America. AEMC also holds a secondary project in western Quebec; the Angliers - Belleterre project. Today, material sourcing demands excellence in environmental performance, technological innovation, carbon mitigation and the responsible management of human and financial capital. AEMC works every day to earn and maintain the respect and confidence of the public and believes that ESG performance is measured by action and led from the top. 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: 604-609-7149 Forward-Looking StatementsSome statements in this news release may contain forward-looking information (within the meaning of Canadian securities legislation), including, without limitation, the statements as to the use of proceeds, to perform exploration surveys and to drill exploratory holes at the the Rapids / McBride and Vaseux prospects. 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 guaranteeing of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include regulatory actions, market prices, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by applicable law, the Company assumes no obligation to update or to publicly announce the results of any change to any forward-looking statement contained or incorporated by reference herein to reflect actual results, future events or developments, changes in assumptions, or changes in other factors affecting the forward-looking statements. If the Company updates any forward-looking statement(s), no inference should be drawn that it will make additional updates with respect to those or other forward-looking statements. This news release does not constitute an offer for sale, or a solicitation of an offer to buy, in the United States or to any "U.S Person" (as such term is defined in Regulation S under the U.S. Securities Act of 1933, as amended (the "1933 Act")) of any equity or other securities of the Company. The securities of the Company have not been, and will not be, registered under the 1933 Act or under any state securities laws and may not be offered or sold in the United States or to a U.S. Person absent registration under the 1933 Act and applicable state securities laws or an applicable exemption therefrom. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. SOURCE: Alaska Energy Metals Corporation View the original press release on ACCESS Newswire Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
15-05-2025
- Business
- Yahoo
Alaska Energy Metals Reports on At - The - Market Equity Financing Program
VANCOUVER, BC / / May 14, 2025 / Alaska Energy Metals Corporation (TSXV:AEMC)(OTCQB:AKEMF) ("AEMC" or the "Company") announces that during the fiscal quarter ending March 31, 2025 it has issued a total of 4,581,000 AEMC common shares (each a "Share") on the TSX-V at an average price of $0.113 per Share under its at - the - market equity program launched in February 2025. The sales provided gross proceeds of $515,724.51. A commission of $13,675.65 was paid to Haywood Securities Inc. in relation to the distributions. Proceeds are being used for ongoing metallurgical studies, an options assessment for mining scenarios, and for general corporate purposes. The Company plans to continue with its at - the - market equity program in the second quarter of 2025. For additional information, visit: ABOUT ALASKA ENERGY METALS Alaska Energy Metals Corporation (AEMC) 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 Nikolai Project 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-situated to become a significant domestic source of strategic metals for North America. AEMC also holds a secondary project in western Quebec; the Angliers - Belleterre project. Today, material sourcing demands excellence in environmental performance, technological innovation, carbon mitigation and the responsible management of human and financial capital. AEMC works every day to earn and maintain the respect and confidence of the public and believes that ESG performance is measured by action and led from the top. 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: 604-609-7149 Some statements in this news release may contain forward-looking information (within the meaning of Canadian securities legislation), including, without limitation, that it will continue with its At - the - Market equity program and use of proceeds from this program. 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 do not guarantee future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include but are not limited to uncertainty relating to the estimation of mineral resources, regulatory actions, market prices, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by applicable law, the Company assumes no obligation to update or to publicly announce the results of any change to any forward-looking statement contained or incorporated by reference herein to reflect actual results, future events or developments, changes in assumptions, or changes in other factors affecting the forward-looking statements. If the Company updates any forward-looking statement(s), no inference should be drawn that it will make additional updates with respect to those or other forward-looking statements. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release. SOURCE: Alaska Energy Metals Corporation View the original press release on ACCESS Newswire Sign in to access your portfolio
Yahoo
15-05-2025
- Business
- Yahoo
Alaska Energy Metals Reports on At - The - Market Equity Financing Program
VANCOUVER, BC / / May 14, 2025 / Alaska Energy Metals Corporation (TSXV:AEMC)(OTCQB:AKEMF) ("AEMC" or the "Company") announces that during the fiscal quarter ending March 31, 2025 it has issued a total of 4,581,000 AEMC common shares (each a "Share") on the TSX-V at an average price of $0.113 per Share under its at - the - market equity program launched in February 2025. The sales provided gross proceeds of $515,724.51. A commission of $13,675.65 was paid to Haywood Securities Inc. in relation to the distributions. Proceeds are being used for ongoing metallurgical studies, an options assessment for mining scenarios, and for general corporate purposes. The Company plans to continue with its at - the - market equity program in the second quarter of 2025. For additional information, visit: ABOUT ALASKA ENERGY METALS Alaska Energy Metals Corporation (AEMC) 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 Nikolai Project 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-situated to become a significant domestic source of strategic metals for North America. AEMC also holds a secondary project in western Quebec; the Angliers - Belleterre project. Today, material sourcing demands excellence in environmental performance, technological innovation, carbon mitigation and the responsible management of human and financial capital. AEMC works every day to earn and maintain the respect and confidence of the public and believes that ESG performance is measured by action and led from the top. 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: 604-609-7149 Some statements in this news release may contain forward-looking information (within the meaning of Canadian securities legislation), including, without limitation, that it will continue with its At - the - Market equity program and use of proceeds from this program. 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 do not guarantee future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include but are not limited to uncertainty relating to the estimation of mineral resources, regulatory actions, market prices, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by applicable law, the Company assumes no obligation to update or to publicly announce the results of any change to any forward-looking statement contained or incorporated by reference herein to reflect actual results, future events or developments, changes in assumptions, or changes in other factors affecting the forward-looking statements. If the Company updates any forward-looking statement(s), no inference should be drawn that it will make additional updates with respect to those or other forward-looking statements. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release. SOURCE: Alaska Energy Metals Corporation View the original press release on ACCESS Newswire Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Time of India
03-05-2025
- Business
- Time of India
Halt animal slaughter near Navi Mum airport: DGCA
Navi Mumbai: Amid activists' repeated concerns over bird strike threats to aircraft due to illegal open slaughtering of animals near Navi Mumbai International Airport (NMIA), the Directorate General of Civil Aviation (DGCA) has instructed the airport operator to cease activities attracting birds near the facility. This directive is particularly crucial as the airport prepares to commence operations in a month. The DGCA regulation features prominently in the state govt's resolution establishing the Aerodrome Environment Management Committee (AEMC) for NMIA. You Can Also Check: Mumbai AQI | Weather in Mumbai | Bank Holidays in Mumbai | Public Holidays in Mumbai NatConnect Foundation director B N Kumar lodged a complaint via the Prime Minister's grievance portal on Feb 24 regarding unauthorised goat and chicken slaughtering at Ulwe, about 3 km from the runway. "This is a flagrant violation of the aircraft norms of DGCA which stipulate that there shall be no slaughter of animals within a 10 km radius of any airport," Kumar stated in his complaint. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Cost Of Amusement Park Equipment From Mexico Might Surprise You - See Tips Amusement Park Equipment | search ads Click Here Undo Cidco, heading the AEMC and administering Ulwe node, has taken limited action. Despite demolishing some shops, they reappeared quickly, according to Santosh Kate, Ulwe city NCP (Ajit Pawar faction) president. Kate has alerted Cidco and Raigad district authorities about unhygienic open meat vending. The practice poses risks during bird flu and GBS virus outbreaks, with officials seemingly overlooking violations. DGCA director Amit Gupta confirmed instructing the Aerodrome Operator to stop activities attracting birds. Kumar expressed disappointment at DGCA's delayed response after two months and reminders. Following limited initial response from Air Safety director A X Joseph, activists and angry residents protested on Apr 13 about continuing illegal operations despite imminent airport functionality. Local resident Karan Chawla reported to the chief minister about the daily illegal slaughter of 15-30 goats in Ulwe sector 19. The matter has been escalated to additional chief secretary (home) Dr I S Chahal and Urban Development-2 Secretary Govind Raj. Activists hope for action following DGCA's intervention and suggest establishing a proper slaughterhouse in Navi Mumbai with strict hygiene standards.
