Alaska Energy Metals Corp. reports that the brokered private placement announced in its news release of July 6, 2023 has been increased to 21,250,000 units at a price of $0.40 per Unit, for gross proceeds of up to $8,500,000. Each Unit will consist of one common share in the capital of the Company and one-half of one Common Share purchase warrant . Each Warrant will entitle the holder thereof to purchase an additional [...]
VANCOUVER, BC, July 6, 2023 /CNW/ - Trading resumes in: Company: Alaska Energy Metals Corp. TSX-Venture Symbol: AEMC All Issues: Yes Resumption : 8:00 am 7/7/2023 CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment [...]
Not for Distribution to United States Newswire Services or for dissemination in the United States Highlights Alaska Energy Metals plans to raise $4.0 million in a brokered financing at $0.40 per unit; each unit will consist of one common share and one-half of one share purchase warrant; each whole warrant will entitle the holder to purchase another common share at $0.80 for the next two years. A 4,800m, 12-hole drill [...]
VANCOUVER, BC, July 6, 2023 /CNW/ - The following issues have been halted by CIRO Company: Alaska Energy Metals Corp. TSX-Venture Symbol: AEMC All Issues: Yes Reason: Pending News Halt Time : 3:19 PM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory [...]
Alaska Energy Metals Corp. announces that it has closed the non-brokered private placements announced on May 12, 2023, raising total gross proceeds of $2,609,180 by the sale of an increased total of 9,318,500 common shares of the Company . Gross proceeds of $2,091,180 were issued under the listed issuer financing exemption by the sale of 7,468,500 Shares, and gross proceeds of $518,000 were issued under other prospectus [...]
Alaska Energy Metals Corp. announces that it plans to raise funds through two concurrent equity private placements. One financing will use the listed issuer financing exemption under section 5A.2 of National Instrument 45-106 Prospectus Exemptions and the second financing will use other prospectus exemptions . LIFE PP Offering Under the LIFE PP Offering, minimum gross proceeds of CAD$1,799,000 and maximum gross proceeds [...]
Alaska Energy Metals is pleased to announce that Corri Feige has been appointed to the Company’s Board of Directors. Alaska Energy Metal’s President & CEO Gregory Beischer commented: “We are really pleased to have Corri join our company! She has great energy, vision, and leadership skills, but, most importantly, she has boundless enthusiasm for resource-centered economic development in Alaska. Her enthusiasm is [...]
Millrock Resources Inc. is pleased to announce that it has received approval from the TSX Venture Exchange to change the Company's name to "Alaska Energy Metals Corp." and to consolidate the Company's outstanding common shares on the basis of one new common share for every ten common shares. The Name Change and Consolidation will take effect at the start of trading on March 22, 2023, and the Company will trade under the [...]
Highlights: Millrock will become an energy metal explorer - developer focused on its Nikolai project in Alaska, targeting a potentially large resource of nickel, copper, cobalt, chromium, iron, and platinum group elements. The Company will be renamed Alaska Energy Metals Corp. and effect a 10:1 stock consolidation following receipt of TSXVe approval. Gregory Beischer will continue to lead the company and key employees [...]
Highlights: Millrock received payment of US$100,000 and 10 million Resolution Minerals shares. Having spent more than US$9 million and met all other necessary conditions, Resolution has earned a 51% interest in the project. A joint venture is to be formed. Excellent drill targets have been identified at East Pogo. Millrock Resources reports on advancements at the 64North gold exploration project. The project is the [...]
Highlights: 64North Tourmaline Ridge gold prospect drill results: Multiple gold-bearing veins were intersected with grades up to 6.7 grams per tonne gold. 64North Earn-in Agreement: Resolution Minerals indicates it intends to pay Millrock 10 million shares and US$100,000 to vest with a 51% interest in the 64North project. Treasure Creek project Eastgate-Scrafford prospect drill results: 32.0 m @ 0.50 g/t Au from 114.3 m [...]
Highlights: Treasure Creek project NW Array prospect drill results: Hole 22TCRC078: 89.9 meters grading 0.97 grams per tonne gold from 45.7 meters, including 41.1 meters grading 1.72 grams per tonne gold from 59.4 meters. The mineralized area now measures 400 meters by 750 meters and is open in four directions. Treasure Creek project Eastgate-Scrafford prospect drill results: Hole 22TCRC036: 7.6 meters grading 6.48 grams [...]
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