Alaska Energy Metals Corporation (Ticker: AEMC.v or AKEMF for US investors) recently announced its successful acquisition of the Angliers-Belleterre Nickel Copper Project situated in western Quebec.
This strategic move was accomplished through the purchase of company 141 BC in a share exchange agreement, resulting in Alaska Energy Metals Corporation also gaining access to approximately $2.8 million in cash.
Yesterday, AEMC announced that it has raised $1M from the institutional investor, Maple Leaf Funds.
The two million shares were purchased at $0.50 per share, a premium as their current share price is $0.395.
The funds raised will be used for exploration activities on the Angliers-Belleterre project, with a focus on delineating and developing a large polymetallic battery metals exploration target.
AEMC will also continue to focus on its flagship project in Alaska, Nikolai, a large nickel, copper, cobalt, chrome, iron, platinum, palladium and gold exploration target.
Full news here: https://alaskaenergymetals.com/news/alaska-energy-metals-closes-flow-through-financing/
Posted on behalf of Alaska Energy Metals Corp.