Wednesday, October 15, 2025

Latest

Alaska Energy Metals Sells Off Mexican Subsidiary, Interest In ASX-Listed Gold Explorer

FULL DISCLOSURE: This is sponsored content for Alaska Energy Metals.

Alaska Energy Metals (TSXV: AEMC) has strengthened its balance sheet after selling off non-core assets. The company has disposed of its Mexican subsidiary, as well as of its interests in an ASX-listed gold explorer.

The firms Mexican subsidiary, Recursos Millrock, has been sold off to Grupo Minero Factor, a private operator based in the Chihuahua region of Mexico. Consideration under the transaction will see Alaska Energy obtain royalties on twelve separate concessions that were previously held by Recursos.

Eleven of the concessions have seen a 1.0% royalty assigned to them, while the twelfth, the Higuerita concession, has seen an 0.5% royalty assigned to it. Higuerita notably contains the El Batamote porphyry copper project. Alaska Energy has suggested that it may sell off such royalties in the future. Additionally, if Grupo Minero elects to drop any of the concessions, they are to be returned to Alaska Energy.

READ: Alaska Energy Metals Reports Over 8 Billion Pounds Nickel Content In New Resource Estimate

As part of the asset disposition strategy, Alaska Energy has also sold off its interests in ASX-listed Felix Gold. The shares, obtained as part of a partial payment for Alaska Energy’s gold projects in the Fairbanks Gold district of Alaska, were sold off for net proceeds of C$350,000.

“We have strategically re-built our asset portfolio to enhance our long-term sustainability and maintain focus on our Nikolai Nickel Project. These sales allow us to realize value for these non-core assets. Alaska Energy Metals owns other gold property assets in Alaska that it may also consider selling,” commented CEO Greg Beischer.

Alaska Energy Metals last traded at $0.15 on the TSX Venture.


FULL DISCLOSURE: Alaska Energy Metals is a client of Canacom Group, the parent company of The Deep Dive. Canacom Group is currently long the equity of Alaska Energy Metals. The author has been compensated to cover Alaska Energy Metals on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.

Video Articles

When 4% of Global Copper Disappears Overnight | David Gower – Emerita Resources

Mining M&A: Gold X2 Acquires Kesselrun Resources

They Said Oil Was Dead. They Were Wrong. | Michael Judson – Record Resources

Recommended

Altamira Gold Hits 395.5 Metres Of 0.4 g/t Gold At Maria Bonita

Silver47 Hits 640 g/t Silver Equivalent Over 6.9 Metres At Red Mountain

Related News

Alaska Energy Metals Estimates 1.55 Million Pounds Of Nickel At Nikolai In Maiden Resource

A maiden resource estimate has been released for Alaska Energy Metals' (TSXV: AEMC) flagship Nikolai...
Monday, November 20, 2023, 02:51:00 PM

Alaska Energy Metals Options Nickel-Copper Project In Quebec, Exploration To Get Underway Shortly

Alaska Energy Metals (TSXV: AEMC) is increasing its landholdings in Quebec. The company this morning...
Wednesday, May 22, 2024, 09:27:33 AM

Alaska Energy Raises $3.6 Million In New Funding For Exploring Nickel Prospect

Alaska Energy Metals (TSXV: AEMC) has closed off a small side car financing as part...
Friday, July 12, 2024, 09:23:49 AM

Alaska Energy Metals Sells Proprietary Data To KoBold Metals

Alaska Energy Metals (TSXV: AEMC) appears to be forming a budding relationship with KoBold Metals,...
Tuesday, November 28, 2023, 12:18:00 PM

Alaska Energy Metals Set To Release Updated Resource Estimate In Q1

Alaska Energy Metals (TSX: AEMC) this morning issued a corporate update, focused on its successes...
Wednesday, January 31, 2024, 03:34:00 PM