Mr. Gregory Beischer reports

ALASKA ENERGY METALS ANNOUNCES MARKETING PROGRAM ADDITION

Alaska Energy Metals Corp. has contracted Gold Standard Media for additional marketing services.

Further to its news release of July 16, 2024, announcing the 90-day renewal of its marketing services agreement with Gold Standard Media LLC, the company has decided to increase the scope of Gold Standard's services to include additional financial publishing and digital marketing services. In return for the additional services to be provided, the company has agreed to increase Gold Standard's fee from $150,000 (U.S.) (approximately $206,400) to $250,000 (U.S.) (approximately $345,260). The terms of the company's engagement with Gold Standard remain unchanged. Gold Standard Media is a Texas-based firm headed by Kenneth Ameduri, Juliet Ameduri and Lior Gantz. It shall provide the company with certain financial publishing and digital marketing services. The company has the right to cancel its engagement of Gold Standard at any time. Gold Standard operates at an arm's length from the company, and the company will not issue any securities to Gold Standard Media as compensation for its marketing services. To the best of the company's knowledge, certain affiliates and parties related to Gold Standard currently own 2,550,582 shares of the company and 540,541 share purchase warrants in the company. Each warrant is exercisable to acquire one additional share of the company for an exercise price of 80 cents until Nov. 24, 2025. For more information on the company's initial engagement of Gold Standard, please refer to the news release dated Nov. 6, 2023.

About Alaska Energy Metals Corp.

Alaska Energy Metals 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.

Alaska Energy is focused on delineating and developing the large-scale, bulk-tonnage, polymetallic 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 energy-related metals for North America. Alaska Energy also holds a secondary project, Angliers-Belleterre, in western Quebec. Today, material sourcing demands excellence in environmental performance, carbon mitigation, and the responsible management of human and financial capital. Alaska Energy works every day to earn and maintain the respect and confidence of the public, and believes that ESG (environmental, social, governance) performance is measured by action and led from the top.

We seek Safe Harbor.