Alaska Silver to convert all proportionate voting shares to subordinate voting shares at 1:100 ratio

Alaska Silver Corp.

Conversion of all PV shares into SV shares on a 1:100 basis; record date March 9, 2026.
Company lost foreign private issuer status on Jan 1, 2025; dual-class structure no longer needed.
~73% of PV shares held by officers, founders, directors; locked up for up to 12 months with staged release.
After conversion, company intends to rename SV shares as 'Common Shares' at next AGM.

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