Alaska Silver Corp. 8K

Alaska Silver Corp. is undertaking a C$7.6 million PIPE financing to fund an expanded 2026 drill program and related work at its Illinois Creek Project, with closing expected around August 14, 2026.

On August 11, 2026, Alaska Silver Corp. announced a non-brokered private investment in public equity (PIPE) financing of up to 13,846,910 units at C$0.55 per unit for gross proceeds of up to approximately C$7.6 million, with each unit consisting of one common share and one warrant exercisable at C$0.75 for three years; significant shareholder Crescat Capital LLC will participate to maintain its approximate 13.8% ownership, and the company plans to use the proceeds to expand its 2026 Illinois Creek drill program from 6,000 to about 9,000 metres, fund additional exploration and technical work, baseline environmental studies, and general corporate purposes, with closing expected on or about August 14, 2026 subject to customary conditions and TSX Venture Exchange and other regulatory approvals, and the company committing to file a U.S. resale registration statement for the financing shares within set timeframes.

Filing Facts

CIK

1893899

Ticker

-

Form

8K

Source Type

sec

Accession

0001062993-26-004188

Alert Tier

6