Alaska Silver to issue 1.51M shares to settle C$1.24M in deferred management fees to insiders

Alaska Silver Corp.

Total debt settled: C$1,237,962; shares issued: 1,509,710 at C$0.82 each.
Creditors: CEO Kit Marrs (745,479 shares), VP Joan Marrs (484,386), VP Piekenbrock (188,967) and Piek Exploration LLC (90,878).
Transaction requires TSX Venture Exchange approval and disinterested shareholder vote at June 19, 2026 meeting.
Also granted 100,000 stock options to an officer at C$0.82 for 5 years.
Company states purpose is to preserve cash for ongoing operations.

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