Alaska Silver Corp. — fact timeline

Alaska Silver Corp. shareholders approved Issuance of common shares to insiders in settlement of debts at the 2026-06-19 meeting.

“Proposal No. 5: The Company's disinterested shareholders approved the issuance of common shares of the Company to certain insiders of the Company in settlement of outstanding debts owed by the Company to such insiders, as more fully set forth in the management information circular of the Company dated May 19, 2026, as follows: Votes For Votes Against 14,201,471 145,945”

Alaska Silver Corp. shareholders approved Approval of 10% rolling Long Term Incentive Plan and amendments at the 2026-06-19 meeting.

“Proposal No. 4: The Company's shareholders approved the Company's 10% rolling Long Term Incentive Plan and certain amendments thereto, as follows: Votes For Votes Against 25,655,086 1,289,493”

Alaska Silver Corp. shareholders approved Re-appointment of Auditor Davidson & Company LLP at the 2026-06-19 meeting.

“Proposal No. 3: The Company's shareholders approved the re-appointment of the Company's current auditor, Davidson & Company LLP, for the fiscal year ending December 31, 2026 at a remuneration to be fixed by the directors, as follows : Votes For Votes Withheld 26,896,549 48,030”

Alaska Silver Corp. shareholders approved Election of six directors at the 2026-06-19 meeting.

“Proposal No. 2: The Company's shareholders elected six directors, to hold office until the Company's 2027 annual general shareholders meeting, or until his or her successor is duly elected and qualified, subject to prior death, resignation or removal, as follows: Name of Director Votes For Withhold Christopher Marrs 25,658,403 1,286,176 Nathan Brewer 24,516,340 2,428,239 David Smallhouse 24,507,340 2,437,239 Kevin Nishi 24,507,340 2,437,239 Susan Mitchell 25,728,736 1,215,843 Aaron Schutt 25,707,253 1,237,326”

Alaska Silver Corp. shareholders approved Setting the number of directors to be elected at six at the 2026-06-19 meeting.

“Proposal No. 1: The Company's shareholders approved the setting of the number of directors to be elected at the Meeting at six, as follows : Votes For Votes Against 26,881,474 63,105”

Christopher Marrs was appointed as Executive Chairman at Alaska Silver Corp..

“Mr. Marrs has been appointed Executive Chairman of the Board effective immediately”

Christopher Marrs departed as President and Chief Executive Officer at Alaska Silver Corp..

“Christopher Marrs would cease serving as President and Chief Executive Officer of the Company as of October 1, 2026.”

Aaron Schutt was appointed as Chief Executive Officer at Alaska Silver Corp..

“Mr. Schutt was appointed Chief Executive Officer of the Company effective October 1, 2026.”

Aaron Schutt was appointed as director at Alaska Silver Corp..

“On May 13, 2026, the Board of Directors (the "Board") of Alaska Silver Corp. (the "Company") appointed Aaron Schutt as a director of the Company, effective May 13, 2026.”

Alaska Silver Corp.: eliminated dual-class share structure by removing proportionate voting shares and reidentifying subordinate voting shares as Common Shares (effective 2026-05-07).

“On May 6, 2026, the Board of Directors of Alaska Silver Corp. (the "Company"), approved an amendment (the "Amendment") to the Company's Articles of the Company to eliminate its dual-class share structure by (i) eliminating its proportionate voting share class and (ii) reidentifying its subordinate voting share class as the class of "Common Shares," no par value, of which the Company shall be authorized to issue an unlimited number of Common Shares.”

Alaska Silver Corp. amended Eighth Amendment to Promissory Note with Joe Piekenbrock valued at Interest rate changed from 5% per annum to 3.5% per annum; maturity extended from December 1, 2026 t (effective 2025-11-01).

“On December 17, 2025, WACG entered into the Eighth Amendment to Promissory Note (the "Amendment") with the Holder, pursuant to which, effective November 1, 2025, (a) interest on the outstanding principal balance of the Promissory Note accrues at a rate equal 3.5% per annum and (b) payments are to be made as follows: (i) monthly payments of $10,000 on the outstanding principal balance; (ii) in the event that the Company closes a financing round, a principal reduction payment equal to 6% of such financing round to be applied against the outstanding principal balance of the Promissory Note; (iii) payment of the remaining outstanding principal balance of the Promissory Note, together with all accrued interest, on July 1, 2027.”