Alaska Silver plans C$ 7.62 million PIPE at C$ 0.55 per unit

• Alaska Silver launched a PIPE private placement of up to 13,846,910 units at C$ 0.55 each to raise up to C$ 7.62 million.
• Each unit includes one common share, one three-year warrant exercisable at C$ 0.75 per share.
• Proceeds target an expansion of the 2026 Illinois Creek drill program to about 9,000 metres from 6,000 metres.
• Crescat Capital will participate to maintain its roughly 13.8% stake.
• Closing is expected around Aug. 14, 2026, subject to TSXV approval.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Alaska Silver Corp. published the original content used to generate this news brief via Newsfile (Ref. ID: 202608110700NEWSFILECNPR____20260811_309125_1) on August 11, 2026, and is solely responsible for the information contained therein.