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Alaska Silver Appoints Patrick Donnelly as Executive Vice President

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Alaska Silver (OTC:WAMFF) has appointed Patrick Donnelly as Executive Vice President, bringing nearly three decades of experience in mineral exploration, capital markets, and corporate development. Donnelly, a Professional Geoscientist, has significant experience in Alaska from his role at Trilogy Metals Inc., where he advanced the Upper Kobuk Mineral Projects.

Donnelly's notable career includes serving as President at First Mining Gold Corporation, where he led the company's IPO and completed eight major transactions. He holds an MBA from the University of Toronto and a BSc in Geological Sciences from UBC. The company has also granted 400,000 stock options to officers at an exercise price of $0.73 with a 5-year term.

Alaska Silver (OTC:WAMFF) ha nominato Patrick Donnelly come Vicepresidente Esecutivo, portando quasi trent'anni di esperienza nell'esplorazione mineraria, nei mercati finanziari e nello sviluppo aziendale. Donnelly, Geoscienziato Professionista, vanta una significativa esperienza in Alaska grazie al suo ruolo presso Trilogy Metals Inc., dove ha promosso i Progetti Minerari Upper Kobuk.

La carriera di Donnelly include anche la presidenza di First Mining Gold Corporation, dove ha guidato l'IPO della società e completato otto importanti operazioni. È in possesso di un MBA presso l'Università di Toronto e di una laurea in Scienze Geologiche presso l'UBC. L'azienda ha inoltre assegnato 400.000 stock option ai dirigenti con un prezzo di esercizio di $0,73 e una durata di 5 anni.

Alaska Silver (OTC:WAMFF) ha nombrado a Patrick Donnelly como Vicepresidente Ejecutivo, aportando casi tres décadas de experiencia en exploración mineral, mercados de capital y desarrollo corporativo. Donnelly, Geocientífico Profesional, cuenta con una amplia experiencia en Alaska gracias a su trabajo en Trilogy Metals Inc., donde impulsó los Proyectos Minerales Upper Kobuk.

La destacada carrera de Donnelly incluye su presidencia en First Mining Gold Corporation, donde lideró la oferta pública inicial (IPO) de la empresa y completó ocho transacciones importantes. Posee un MBA de la Universidad de Toronto y una licenciatura en Ciencias Geológicas de UBC. La compañía también ha otorgado 400,000 opciones sobre acciones a sus ejecutivos con un precio de ejercicio de $0.73 y un plazo de 5 años.

Alaska Silver (OTC:WAMFF)Patrick Donnelly를 부사장으로 임명했으며, 그는 광물 탐사, 자본 시장 및 기업 개발 분야에서 거의 30년의 경험을 보유하고 있습니다. 전문 지질학자인 Donnelly는 Trilogy Metals Inc.에서 Upper Kobuk 광산 프로젝트를 진전시킨 경험을 통해 알래스카에서 풍부한 경력을 쌓았습니다.

Donnelly의 주요 경력에는 First Mining Gold Corporation의 사장직이 포함되며, 그곳에서 회사의 IPO를 주도하고 8건의 주요 거래를 성사시켰습니다. 그는 토론토 대학교에서 MBA를, UBC에서 지질학 학사 학위를 받았습니다. 회사는 또한 임원들에게 행사 가격이 $0.73이고 만기 5년인 400,000 주식 옵션을 부여했습니다.

Alaska Silver (OTC:WAMFF) a nommé Patrick Donnelly au poste de Vice-Président Exécutif, apportant près de trente ans d'expérience dans l'exploration minérale, les marchés financiers et le développement d'entreprise. Donnelly, géoscientifique professionnel, possède une expérience significative en Alaska grâce à son rôle chez Trilogy Metals Inc., où il a fait progresser les projets miniers Upper Kobuk.

La carrière remarquable de Donnelly inclut sa présidence chez First Mining Gold Corporation, où il a dirigé l'introduction en bourse de la société et réalisé huit transactions majeures. Il est titulaire d'un MBA de l'Université de Toronto ainsi que d'une licence en sciences géologiques de l'UBC. La société a également accordé 400 000 options d'achat d'actions à ses cadres, avec un prix d'exercice de 0,73 $ et une durée de 5 ans.

Alaska Silver (OTC:WAMFF) hat Patrick Donnelly zum Executive Vice President ernannt und bringt dabei fast drei Jahrzehnte Erfahrung in der Mineralexploration, den Kapitalmärkten und der Unternehmensentwicklung mit. Donnelly, ein professioneller Geowissenschaftler, verfügt über umfangreiche Erfahrung in Alaska durch seine Tätigkeit bei Trilogy Metals Inc., wo er die Upper Kobuk Mineralprojekte vorantrieb.

Donnellys bemerkenswerte Karriere umfasst die Position des Präsidenten bei First Mining Gold Corporation, wo er den Börsengang des Unternehmens leitete und acht bedeutende Transaktionen abschloss. Er besitzt einen MBA von der University of Toronto und einen Bachelor of Science in Geowissenschaften von der UBC. Das Unternehmen hat außerdem 400.000 Aktienoptionen an Führungskräfte mit einem Ausübungspreis von 0,73 $ und einer Laufzeit von 5 Jahren vergeben.

Positive
  • Appointment of highly experienced executive with nearly 30 years in mineral exploration and capital markets
  • New EVP brings specific expertise in Alaska mining operations and regulatory landscape
  • Strong track record of successful transactions and IPO leadership from previous roles
Negative
  • Dilutive effect of 400,000 new stock options granted to officers

TUCSON, AZ / ACCESS Newswire / June 24, 2025 / Alaska Silver Corp. (the "Company" or "Alaska Silver") (TSXV:WAM)(Frankfurt:M17)(OTC PINK:WAMFF) is pleased to announce the appointment of Mr. Patrick ("Pat") Donnelly as Executive Vice President.

Mr. Donnelly possesses extensive experience in mineral exploration, capital markets, corporate development, and investor relations. His career began nearly three decades ago as a project geologist, exploring for precious and base metals as well as diamonds in western and northern Canada. Following this, he transitioned to a role as a mining analyst with a Canadian securities firm. Most recently Mr. Donnelly was the Vice President of Capital Markets for Tudor Gold Corp.

Mr. Donnelly has considerable experience working in Alaska due to his time as Vice President of Corporate Communications and Development for Trilogy Metals Inc., where he played a key role in advancing the Upper Kobuk Mineral Projects in Alaska, USA, alongside its partners. During his six years at Trilogy Metals, Mr. Donnelly developed a key understanding of the permitting and political landscape of the state.

Mr. Donnelly also held the position of President at First Mining Gold Corporation for over three years. At First Mining, where he was also a co-founder, he spearheaded the company's initial public offering and listing on the Toronto Stock Exchange. Noteworthy achievements during his tenure at First Mining include the successful negotiation and completion of eight significant transactions.

Mr. Donnelly holds a Master of Business Administration from the University of Toronto and a Bachelor of Science in Geological Sciences from the University of British Columbia. Mr. Donnelly is registered as a Professional Geoscientist with the Engineers and Geoscientists of British Columbia.

Kit Marrs, President & CEO of Alaska Silver comments: "Adding someone like Pat who has considerable understanding of the capital markets, mineral exploration and more importantly, working in Alaska, will add considerable value to Alaska Silver as we advance the Illinois Creek Project. Having someone who appreciates Alaska and how business is carried out in the state will be of significant benefit to our shareholders. I look forward to working closely with Pat as we advance our high-grade Waterpump Creek Carbonate Replacement Deposit."

Stock Option Grant

Alaska Silver is also pleased to announce that it has granted a total of 400,000 stock options (the "Options"), to certain officers of the Company. The Options are each exercisable to purchase one subordinate voting share of the Company at an exercise price of $0.73 for a period of 5 years.

About Alaska Silver

Alaska Silver (WAM.V) is pioneering North America's next major silver and critical minerals district at the Illinois Creek Project, a prolific 8-km mineral corridor hosting two stand-alone deposits with a new Warm Springs discovery zone in between (See Press Release of X/Y/2024). The IC project claims cover a 100% owned land package of 73,535 acres (115 square miles or 29,758 hectares), located approximately 38 kilometers by road to the region's marine highway, the Yukon River.

Anchored by the high-grade silver mineralization of the Waterpump Creek zone, 75 Moz @ 980 g/t AgEq (Inferred), open to the north and south and the historic Illinois Creek mine, 525 Koz AuEq - 373 Koz @ 1.3 g/t AuEq (Indicated), 152 Koz @ 1.44 g/t AuEq (Inferred), Alaska Silver's 100% owned carbonate replacement deposit shows significant exploration potential across its entire length.

Headquartered in both Alaska and Arizona, Alaska Silver brings together a team with a proven track record of large-scale mine discoveries.

On behalf of the Company

"Kit Marrs"

Kit Marrs
President & CEO
kit@alaskasilver.com
Phone: 1-520-200-1667

For further information, please contact:

Pat Donnelly, Executive Vice President
pat@alaskasilver.com

Or visit our website at: www.alaskasilver.com

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

SOURCE: Alaska Silver Corp



View the original press release on ACCESS Newswire

FAQ

Who is the new Executive Vice President of Alaska Silver (WAMFF)?

Patrick Donnelly has been appointed as Executive Vice President, bringing nearly three decades of experience in mineral exploration, capital markets, and corporate development.

What is Patrick Donnelly's experience with Alaska mining operations?

Donnelly gained considerable Alaska experience as VP of Corporate Communications and Development at Trilogy Metals Inc., where he advanced the Upper Kobuk Mineral Projects and developed key understanding of state permitting and political landscape.

What stock options did Alaska Silver (WAMFF) grant in June 2025?

Alaska Silver granted 400,000 stock options to certain officers with an exercise price of $0.73 per share and a 5-year exercise period.

What are Patrick Donnelly's key achievements in the mining industry?

Donnelly served as President of First Mining Gold Corporation where he led the company's IPO on the Toronto Stock Exchange and completed eight significant transactions. He also has experience as a project geologist and mining analyst.

What are Patrick Donnelly's educational and professional qualifications?

Donnelly holds an MBA from the University of Toronto, a BSc in Geological Sciences from UBC, and is registered as a Professional Geoscientist with the Engineers and Geoscientists of British Columbia.
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