other material
confidence high
sentiment positive
materiality 0.70
Alaska Silver announces C$7.6M PIPE financing to expand 2026 drill program to 9,000m
Alaska Silver Corp.
- Financing of up to C$7,615,800 via 13,846,910 units at C$0.55 each; each unit = 1 share + 1 warrant (C$0.75, 3-year term).
- Crescat Capital, holding ~13.8% of Alaska Silver, participating to maintain its ownership stake.
- Proceeds expand Illinois Creek drill program from 6,000m to ~9,000m; targets include Waterpump Creek and Silver Sage.
- Expected to close on or about Aug 14, 2026, subject to TSXV approval and customary conditions.
- Company to file resale registration statement (Form S-1/S-3) within 120 days post-closing; 6-month U.S. restricted period applies.