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Alaska Energy Metals Raises Funds via At-the-Market Equity Program to Advance Projects

Story Highlights
  • Alaska Energy Metals raised $197,076 by issuing 1,491,000 shares under its at-the-market equity program.
  • Proceeds will fund metallurgical studies, mine option assessments and corporate needs as it continues the ATM program in 2026.
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Millrock Resources ( (TSE:AEMC) ) has shared an update.

Alaska Energy Metals Corporation reported that it issued 1,491,000 common shares during the quarter ended March 31, 2026 under its at-the-market equity program at an average price of $0.132 per share, raising gross proceeds of $197,076 and paying a commission to Haywood Securities Inc. The company is directing these funds to metallurgical studies, evaluation of mining options, and general corporate purposes, and it intends to continue using the at-the-market facility in the second quarter of 2026, supporting ongoing advancement of its critical metals projects and related technical work.

More about Millrock Resources

Alaska Energy Metals Corporation is an Alaska-based mineral exploration and development company with offices in Anchorage and Vancouver, focused on large-scale, bulk-tonnage polymetallic deposits. Its flagship Nikolai Project in Interior Alaska targets nickel, copper, cobalt, chromium, iron, platinum, palladium, and gold as a potential domestic source of strategic metals for North America, complemented by the Angliers–Belleterre project in western Quebec.

Average Trading Volume: 373,982

Technical Sentiment Signal: Strong Sell

Current Market Cap: C$19.76M

For an in-depth examination of AEMC stock, go to TipRanks’ Overview page.

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