VANCOUVER, British Columbia, Feb. 20, 2024 (Globe Newswire) — Alaska Energy Metals Corporation (TSX-V: AEMC, OTCQB: AKEMF) (“AEMC” or “company”) is a TSX Venture Exchange (“TSX-V”) Following the approval, the company extended marketing agreements with two service providers and entered into new agreements with two others. Compliant with TSX-V Policy 3.4 – Investor relations, promotions and market making activitiesdetails of each new agreement or renewal are discussed below.
Virtus Media Group LLC (“Virtus”)
In addition to our news release of November 6, 2023, we provide Virtus content creation and digital marketing services for a 1.5 month renewal period from February 2024 to March 2024 at a total cost of USD 75,000. We have renewed our contract with. (approximately CAD 101,737), paid in advance. Services offered by Virtus include Reddit broadcasts, featured articles, influencer videos, social media posts, Discord community live events, industry deep dives, educational posts, and more. Virtus is an Illinois-based company led by CEO Austin Wynn. To the best of our knowledge, as of the date hereof, Virtus (including its directors and officers) does not own any securities of our company and has an arm's length relationship with us. We will not issue any securities to Virtus in consideration for marketing services. For more information about our work with Virtus, please see our November 6, 2023 news release.
Black Swan Solutions Inc. DBA VHLA Media (“VHLA”)
We engaged VHLA to provide content creation and digital and video marketing services for a three-month period beginning on or about March 1, 2024. The total cost is CAD 102,500 plus GST, and the cost will be prepaid to VHLA as follows: company. VHLA prepares and delivers social media content and advertising, influencer marketing, landing pages, and CEO interviews as needed. VHLA is a British Columbia-based company led by Dawson Ignatieff and Adam Emes. At our and his VHLA's discretion, promotional activities may occur on his TikTok, Instagram, YouTube, LinkedIn, Twitter, and Reddit. To the best of our knowledge, as of the date hereof, VHLA (including its directors and officers) does not own any securities of our company and has an arm's length relationship with us. The Company does not issue securities to his VHLA in consideration for marketing services.
MMG Market Medium GmbH & Co. KG. (“MMG”)
In addition to the July 6, 2023 and January 23, 2024 news releases, the Company has amended the Amended Agreement (“MMG amended contract”). Pursuant to the terms of the MMG Amendment Agreement, the Company provides MMG with a marketing expenditure budget of EUR 350,000 (approximately CAD 509,000) for the renewed MMG Term, instead of the previously planned marketing expenditure budget of EUR 150,000. Of the marketing budget of EUR 350,000, MMG shall retain a service fee of 15% of the total marketing expenditure budget (approximately EUR 52,500 or CAD $76,723) during the extension period of the Marketing Services Agreement. MMG MMG is a service provider in the field of online marketing and investor information services based in Germany and specialized in the European market. We provide textual materials translated into German with general information about the metals sector. The company creates professional and structured campaigns and ad groups and optimizes online advertising for detailed keyword research. and identify potential target groups of potential shareholders. For more information about our engagement with MMG, please see the news of July 6, 2023, December 8, 2023, and January 23, 2024. See release. As of the date hereof, to the best of our knowledge, MMG (including its directors and officers) owns no securities of our company and has an arm's length relationship with us. , will not issue securities in consideration for MMG's marketing services.
sydney knight
The Company has hired Ms. Sydney Knight, who is based in Vancouver, British Columbia, to represent the Company at marketing events and conferences beginning on or about February 20th, to respond to inquiries from prospective investors, and to represent the Company on behalf of the Company. We provide investor relations services, including building relationships with investors. , from 2024 to December 31, 2024. Mr. Knight shall be paid $3,000 per month. Additionally, Mr. Knight will be granted his 75,000 stock options within 30 days of his appointment. Stock options are subject to vesting schedules in accordance with TSX-V Policy 4.4. security-based compensation The term is five years, and the exercise price is equal to the closing market price on the issue date. To the best of the Company's knowledge, as of the date of this document, Mr. Knight does not own any securities of the Company and has no independent relationship with the Company. Other than the stock options described above, the Company will not issue any securities as compensation for Mr. Knight's services.
For more information, please visit https://alaskaenergymetals.com/.
About Alaska Energy Metals
Alaska Energy Metals Corporation focuses on the profile and development of large-scale multimetallic exploration targets including nickel, copper, cobalt, chromium, iron, platinum, palladium, and gold. Located in central Alaska near existing transportation and power infrastructure, the Nikolai Nickel Project is well-positioned to become a significant domestic source of critical and strategic energy-related metals for the U.S. market. The company is also developing the Angliers nickel project in Quebec.
on behalf of the board of directors
“Gregory Beisher”
Gregory Beisher, President and CEO
For more information, please contact us below.
Gregory A. Beisher, President and CEO
Toll Free: 877-217-8978 | Local Call: 604-638-3164
Sarah Mausi, Public Relations
Final Edit Media and Public Relations
Email: sarah@finaleditpr.com
Certain statements in this news release include (a) AEMC's receipt of TSX-V approval for marketing and investor awareness activities; and (b) terms and conditions (within the meaning of Canadian securities laws). ) may contain forward-looking information. And the schedule for the second round of the investor awareness campaign will proceed as originally planned. These statements address future events and circumstances and are subject to known and unknown risks, uncertainties, and predictions that actual results, performance, or achievements may be expressed or implied. and includes other factors that may vary significantly. According to the statement. Forward-looking statements speak only as of the date on which they are made. Although the Company believes that 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 from those in the forward-looking statements. The content may differ significantly. Factors that could cause actual results to differ materially from those in forward-looking statements include regulatory actions, market prices, the continued availability of capital and financing, and general economic, market, or business conditions. Contains context. Investors are cautioned that such statements are not guarantees of future performance and actual results or developments may differ materially from those anticipated 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, we do not make any statements contained herein or incorporated by reference herein to reflect actual results, future events or developments, changes in assumptions, or changes in expectations. We undertake no obligation to update or publicly update any changes to any forward-looking statements contained herein. changes in other factors affecting forward-looking statements; If we update any forward-looking statements, it should not be inferred that we are making any additional updates with respect to those or any other forward-looking statements.
Neither 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.
