Shareholder to sell 4606374 Dolly Varden Silver (DVS) shares on TSX

Rhea-AI Filing Summary

Alexco Resource Corp. has filed a Rule 144 notice to sell 4606374 common shares of Dolly Varden Silver Corp.. The shares are planned to be sold through RBC Capital Markets on the TSX, with an approximate sale date of 02/11/2026 and an aggregate market value of 29950000.00.

The filing notes that 90913545 common shares of Dolly Varden Silver are outstanding. It also lists multiple prior sales of Dolly Varden common stock by Alexco Resource Corp. over the past three months, each with specific dates, share amounts, and gross proceeds.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Shares	RBC Capital Markets 200 Bay Street South Tower, 5th Floor Toronto A6 M5J 2W7	4606374	29950000.00	90913545	02/11/2026	TSX

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock	02/25/2022	Subscription of shares	Dolly Varden Silver Corp.			4606374	02/25/2022	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Alexco Resource Corp. 800 W. Pender Street Suite 970 Vancouver A1 V6C 2V6	Common Stock	01/20/2026	490000	3652901.00
Alexco Resource Corp. 800 W. Pender Street Suite 970 Vancouver A1 V6C 2V6	Common Stock	01/21/2026	370000	2644797.00
Alexco Resource Corp. 800 W. Pender Street Suite 970 Vancouver A1 V6C 2V6	Common Stock	01/22/2026	690000	5331906.00
Alexco Resource Corp. 800 W. Pender St. Suite 970 Vancouver A1 V6C 2V6	Common Stock	01/23/2026	650000	4997525.00
Alexco Resource Corp. 800 W. Pender Street Suite 970 Vancouver A1 V6C 2V6	Common Stock	01/26/2026	250000	1992500.00
Alexco Resource Corp. 800 W. Pender Street Suite 970 Vancouver A1 V6C 2V6	Common Stock	01/27/2026	300000	2120010.00
Alexco Resource Corp. 800 W. Pender Street Suite 970 Vancouver A1 V6C 2V6	Common Stock	02/03/2026	850000	5472980.00
Alexco Resource Corp. 800 W. Pender Street Suite 970 Vancouver A1 V6C 2V6	Common Stock	02/06/2026	200000	1230000.00
Alexco Resource Corp. 800 W. Pender Street Suite 970 Vancouver A1 V6C 2V6	Common Stock	02/09/2026	959000	6120722.00
Alexco Resource Corp. 800 W. Pender St. Suite 970 Vancouver A1 V6C 2V6	Common Stock	02/10/2026	700000	4529980.00

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does this Rule 144 filing reveal about Dolly Varden Silver (DVS) shares?

The filing shows Alexco Resource Corp. intends to sell 4606374 Dolly Varden Silver common shares. These sales are planned through RBC Capital Markets on the TSX, with an aggregate market value of 29950000.00 and an approximate sale date of 02/11/2026.

Who is selling Dolly Varden Silver (DVS) shares and how were they acquired?

Alexco Resource Corp. is the seller of the Dolly Varden Silver common shares. The 4606374 shares were acquired on 02/25/2022 via a subscription of shares from Dolly Varden Silver Corp., with payment made in cash on the same date.

How many Dolly Varden Silver (DVS) shares are outstanding according to the filing?

The notice states that 90913545 common shares of Dolly Varden Silver are outstanding. This figure provides context for the planned Rule 144 sale of 4606374 shares but does not change the number of shares being sold under this notice.

What prior sales of Dolly Varden Silver (DVS) shares are disclosed in the last 3 months?

The document lists several prior sales of Dolly Varden common stock by Alexco Resource Corp. between 01/20/2026 and 02/10/2026. Each entry specifies the sale date, number of shares sold, and gross proceeds, including multiple blocks ranging from 200000 to 959000 shares.

Through which broker and exchange will the Dolly Varden Silver (DVS) shares be sold?

The filing indicates the planned sale of Dolly Varden Silver common shares will be executed through RBC Capital Markets. The shares are expected to be sold on the TSX, with the approximate date of sale listed as 02/11/2026 in the notice.