Alaska Silver closes US$13.8M public offering of 21.2M units at US$0.65

Alaska Silver Corp.

Gross proceeds of US$13,798,850 from sale of 21,229,000 units at $0.65 per unit.
Each unit consists of one subordinate voting share and one warrant exercisable at $0.97 for three years.
Over-allotment option fully exercised; net proceeds for exploration, debt repayment, and working capital.
Underwriters received discount of $1,034,913.75 and warrants for 849,160 shares at $0.97.

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