Alaska Silver (WAMFF) wins strong vote backing and advances 6,000m Illinois Creek drilling

Filing Impact

(High)

Filing Sentiment

(Neutral)

Form Type

8-K

Rhea-AI Filing Summary

Alaska Silver Corp. reported that shareholders approved all proposals at the June 19, 2026 annual and special meeting. A total of 26,946,579 shares, or 30.36% of the 88,749,150 shares outstanding on the record date, were represented, establishing a quorum. Shareholders set the board size at six, elected all six director nominees, re-appointed Davidson & Company LLP as auditor, approved the 10% rolling Long Term Incentive Plan, and authorized issuing common shares to certain insiders to settle outstanding debts.

The company also provided a summer exploration update for its Illinois Creek Project in western Alaska. A 6,000-metre drill program is underway, with just over 1,000 metres completed across the Silver Sage and Waterpump Creek North targets using two drill rigs. Waterpump Creek currently hosts an Inferred Mineral Resource of 75 million ounces silver equivalent at 279 g/t silver, 11.28% zinc and 9.87% lead, while the broader 100%-owned Illinois Creek land package spans 80,895 acres anchored by additional gold and silver resources.

8-K Event Classification

3 items: 5.07, 7.01, 9.01

3 items

Item 5.07 Submission of Matters to a Vote of Security Holders Governance

Results of a shareholder vote on proposals at an annual or special meeting.

Item 7.01 Regulation FD Disclosure Disclosure

Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, and exhibit attachments filed with this report.

Key Figures

Shares outstanding on record date: 88,749,150 shares Shares represented at meeting: 26,946,579 shares (30.36%) Votes for setting six directors: 26,881,474 votes (99.766%) +5 more

8 metrics

Shares outstanding on record date 88,749,150 shares Common stock outstanding as of May 15, 2026

Shares represented at meeting 26,946,579 shares (30.36%) Quorum at June 19, 2026 shareholder meeting

Votes for setting six directors 26,881,474 votes (99.766%) Proposal to set board size at six

Auditor re-appointment support 26,896,549 votes (99.822%) Approval of Davidson & Company LLP as auditor

LTIP approval support 25,655,086 votes (95.214%) Approval of Long Term Incentive Plan

Insider debt settlement approval 14,201,471 votes (98.983%) Issuance of shares to insiders for debt settlement

2026 drill program length 6,000 metres Planned Illinois Creek exploration program

Waterpump Creek resource 75 Moz AgEq at 279 g/t Ag Inferred Mineral Resource with 11.28% Zn and 9.87% Pb

Key Terms

Long Term Incentive Plan, Inferred Mineral Resource, Indicated Mineral Resources, AgEq, +2 more

6 terms

Long Term Incentive Plan financial

"The Company's shareholders approved the Company's 10% rolling Long Term Incentive Plan and certain amendments thereto"

A long term incentive plan is a company program that awards executives and key employees bonuses—often in stock, options, or cash—only if the business meets multi-year performance goals. It links management pay to company results—like tying a coach’s bonus to a team’s multi-season record—so investors monitor it for how leaders are motivated, potential share dilution, and signals about the company’s long-term priorities.

Inferred Mineral Resource financial

"Waterpump Creek zone, which hosts an Inferred Mineral Resource of 75 Moz AgEq at a grade of 279 g/t silver"

An inferred mineral resource is an early-stage estimate of the amount and grade of minerals in the ground based on limited sampling and geological evidence; think of it as a rough sketch of where valuable material might be, rather than a detailed blueprint. It matters to investors because it signals potential upside but carries high uncertainty—further drilling and study are needed before it can support mine planning or reliable economic forecasts.

Indicated Mineral Resources financial

"leaving untouched Indicated Mineral Resources of 260,000 oz gold at 0.92 g/t Au and 8.3 Moz silver"

Indicated mineral resources are quantities and qualities of a mineral deposit estimated with a reasonable level of confidence based on spaced sampling and analysis, sitting between a rough guess and a high-certainty measurement. For investors, they matter because they support preliminary economic studies and mine planning—think of them as a reasonably reliable shopping list for a recipe, useful for deciding whether to invest further but not yet proof that profitable extraction is guaranteed.

AgEq financial

"For Waterpump Creek, the formulas for AgEq are AgEq (g/t)= Ag (g/t) + 28.56 x Pb(%) + 37.12 x Zn(%)"

National Instrument 43-101 regulatory

"Please refer to the NI 43-101 Technical Report titled "Illinois Creek Project, Western Alaska, USA""

National Instrument 43-101 is a set of rules and guidelines that govern how mineral exploration and mining companies must report information about their projects. It ensures that the details shared with investors are accurate, consistent, and reliable—similar to how a detailed, verified blueprint ensures a building’s safety. This helps investors make informed decisions based on trustworthy information about a company's mineral resources.

forward-looking information regulatory

"This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation"

Forward-looking information are predictions, plans, estimates or expectations about a company’s future performance, results or events, such as sales forecasts, project timelines, or anticipated costs. It matters to investors because these statements guide expectations but rely on assumptions and uncertain factors—like a weather forecast for a business—so investors should treat them as informed guesses rather than guarantees and consider the risks and possible changes behind the numbers.

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Understanding 8-K Material Events →

06/22/2026 - 03:05 PM

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
___________________________

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): June 19, 2026

ALASKA SILVER CORP.
(Exact name of registrant as specified in its charter)

British Columbia	333-290204	87-4818470
(State or other jurisdiction	(Commission	(IRS Employer
of incorporation)	File Number)	Identification No.)

1500-1111 West Hastings St,
Vancouver, British Columbia, Canada V6E 2J3
(Address of principal executive offices) (ZIP Code)

Registrant’s telephone number, including area code: (520) 200-1667

Not Applicable
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act: None

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b -2 of this chapter).

Emerging growth company ☑

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.07 Submission of Matters to a Vote of Security Holders.

On June 19, 2026, Alaska Silver Corp. (the "Company") held an annual general and special shareholders meeting ("Meeting"). As of the close of business on May 15, 2026, the record date for the Meeting (the "Record Date"), there were 88,749,150 shares of Company common stock issued and outstanding. At the Meeting, 26,946,579 of the Company's 88,749,150 outstanding shares of common stock entitled to vote as of the Record Date, or approximately 30.36%, were represented by proxy or in person, and, therefore, a quorum was present.

The final voting results on the proposals presented for stockholder approval at the Meeting were as follows:

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

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

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

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

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

Item 7.01. Regulation FD Disclosure.

On June 22, 2026, the Company issued a press release entitled "Alaska Silver Announces Shareholder Meeting Results and Summer Exploration Program Update" A copy of the press release is furnished as Exhibit 99.1 hereto and is incorporated by reference into this Item 7.01.

The information set forth in this Item 7.01, including Exhibit 99.1 attached hereto, is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of such section. The information set forth in this Item 7.01, including Exhibit 99.1, shall not be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any incorporation by reference language in any such filing, except as shall be expressly set forth by specific reference in such a filing. This Current Report on Form 8-K (the "Report") will not be deemed an admission as to the materiality of any information in this Report that is required to be disclosed solely by Regulation FD.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.		Description
99.1		Press release entitled "Alaska Silver Announces Shareholder Meeting Results and Summer Exploration Program Update" dated June 22, 2026
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: June 22, 2026

ALASKA SILVER CORP.

By: /s/ Darren Morgans_________________________

Darren Morgans

Chief Financial Officer

NEWS RELEASE

ALASKA SILVER ANNOUNCES SHAREHOLDER MEETING RESULTS AND SUMMER EXPLORATION PROGRAM UPDATE

TUCSON, ARIZONA, US - June 22, 2026 - Alaska Silver Corp. (the "Company" or "Alaska Silver") (TSXV: "WAM", Frankfurt: MK71, OTCQX: WAMFF) is pleased to report the voting results from the Company's annual and special general meeting of shareholders (the "Meeting") held on June 19, 2026. A total of 26,946,579 common shares were represented at the Meeting, representing 30.36% of the issued and outstanding common shares of the Company on the record date for the Meeting.

All matters presented for approval at the Meeting were duly authorized and approved, as follows:

1. An ordinary resolution to set the number of directors to be elected at the Meeting at six.

	Number of Votes	% of Votes
Votes For:	26,881,474	99.766%
Votes Against:	63,105	0.234%

2. An ordinary resolution to elect all of management's nominees to the board of directors of the Company.

Name of Director	Votes For	% For	Votes Withheld	% Withheld
Christopher Marrs	25,658,403	95.227%	1,286,176	4.773%
Nathan Brewer	24,516,340	90.988%	2,428,239	9.012%
David Smallhouse	24,507,340	90.955%	2,437,239	9.045%
Kevin Nishi	24,507,340	90.955%	2,437,239	9.045%
Susan Mitchell	25,728,736	95.488%	1,215,843	4.512%
Aaron Schutt	25,707,253	95.408%	1,237,326	4.592%

3. An ordinary resolution approving the appointment of Davidson & Company LLP as auditors of the Company for the ensuing year at a remuneration to be fixed by the directors of the Company.

	Number of Votes	% of Votes
Votes For:	26,896,549	99.822%
Votes Withheld:	48,030	0.178%

4. An ordinary resolution approving the Company's Long Term Incentive Plan.

	Number of Votes	% of Votes
Votes For:	25,655,086	95.214%
Votes Against:	1,289,493	4.786%

5. An ordinary resolution of disinterested shareholders of the Company approving 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.

	Number of Votes	% of Votes
Votes For:	14,201,471	98.983%
Votes Against:	145,945	1.017%

"The results of this year's shareholder meeting demonstrate strong support for Alaska Silver's vision and growth strategy," said Kit Marrs, President and CEO of Alaska Silver. "As we advance one of the largest silver-focused exploration programs in the Company's history, we remain focused on expanding our resource base, unlocking the broader district-scale potential of Illinois Creek, and building a premier Alaska-based silver company."

Illinois Creek Summer Exploration Program Update

Alaska Silver's 2026 6,000-metre exploration program is off to a strong start, with just over 1,000 metres completed to date and drilling productivity meeting or exceeding planned targets at both the Silver Sage and Waterpump Creek targets. The program commenced on June 10 at Silver Sage, with a second drill rig beginning operations at Waterpump Creek North on June 14, accelerating the evaluation of multiple high-priority targets across the Illinois Creek district.

At Waterpump Creek North, drill holes WPC26-0038 and WPC26-0039, located approximately 200 metres north of the existing Waterpump Creek resource, have been completed, and drilling has commenced on WPC26-0040. These holes are testing a highly prospective area with the potential to significantly expand the known mineralized footprint of the district.

At Silver Sage, drill hole SS26-10 has been completed to target depth, while drilling is currently underway on SS26-11. Silver Sage is one of several priority targets being evaluated for its potential to add high-grade silver mineralization within trucking distance of the proposed Illinois Creek processing hub.

With drilling progressing efficiently and multiple targets being tested, management is encouraged by the pace of the program and looks forward to providing investors with a steady stream of assay results as they become available.

About Alaska Silver

Alaska Silver is a junior exploration company focused on the discovery and development of high-grade silver, gold and critical metals assets within one of North America's major high-grade silver and critical minerals districts at their Illinois Creek (IC) Project in western Alaska. Illinois Creek is a contiguous, 100%-owned land package totaling 80,895 acres (126.4 square miles or 32,337 hectares) anchored by two resource-level mineralization zones separated by 8 km of high potential exploration ground. At one end lies the high-grade silver mineralization at the Waterpump Creek zone, which hosts an Inferred Mineral Resource of 75 Moz AgEq at a grade of 279 g/t silver, 11.28 % zinc and 9.87% lead^1,2, that remains open to the north and south, as well as by the Illinois Creek mine. At the western end is the historical past-producing Illinois Creek Mine that closed due to low metal prices leaving untouched Indicated Mineral Resources of 260,000 oz gold at 0.92 g/t Au and 8.3 Moz silver at 29.72 g/t Ag, along with Inferred Mineral Resources of 290,000 oz gold at 0.84 g/t Au and 10.4 Moz silver at 30.11 g/t Ag^2,3. The IC Project is located approximately 38 kilometers from the Yukon River, the region's primary marine transportation corridor. Headquartered in Alaska and Arizona, Alaska Silver is led by a team with a proven track record of large-scale mine discoveries.

¹ For Waterpump Creek, the formulas for AgEq are AgEq (g/t)= Ag (g/t) + 28.56 x Pb(%) + 37.12 x Zn(%) and assume metal prices of US$24/oz Ag, US$1.30/lb Zn, and US$ 1.00/lb Pb.

² Please refer to the NI 43-101 Technical Report titled "Illinois Creek Project, Western Alaska, USA" dated February 25, 2026 (effective date of January 22, 2026).

³ For Illinois Creek, AuEq values are based only on gold and silver values using metal prices of US$3,500/oz Au and US$45/oz Ag.

Qualified Person

Patrick Donnelly P.Geo, a Qualified Person under National Instrument 43-101, has reviewed and approved the scientific and technical information in this news release.

On behalf of the Company

"Kit Marrs"

Kit Marrs

President & CEO

kit@alaskasilver.com

Phone: 1-520-200-1667

For further information, please contact:

Patrick 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) accept responsibility for the adequacy or accuracy of this release.

Forward-Looking Information

This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. "Forward-looking information" includes, but is not limited to, statements with respect to the activities, events or developments that the Company expects or anticipates will or may occur in the future. Generally, but not always, forward-looking information can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or the negative connotation thereof or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative connotation thereof. This forward-looking information relates to, among other things, ongoing and anticipated exploration work at the Illinois Creek Project; the anticipated timing of assay results and the expected results therefrom; the potential for an entirely new area of mineralization at Silver Sage; the potential continuity of the CRD property; the implementation of the objectives, goals and future plans of the Company including the proposed advancement of the Illinois Creek Project as currently contemplated; the expectation that exploration activities (including drill results) will accurately predict mineralization; the expectation that the Company will implement its drilling, geoscience and metallurgical work on its properties and work plans generally; the effective targeting activities proposed by the Company; the benefits of the Company's approach to exploration; and the anticipated benefits of the Company's approach to the resource development plan.

Such forward-looking information is based on numerous assumptions, including among others, that exploration work at the Illinois Creek Project will occur as anticipated; assay results will be received when anticipated; Silver Sage will represent an entirely new area of mineralization; the CRD property will exhibit the anticipated continuity; the Company will be able to implement its objectives, goals and future plans, including the proposed advancement of the Illinois Creek Project as currently contemplated; exploration activities (including drill results) will accurately predict mineralization; the Company will be able to implement its drilling, geoscience and metallurgical work on its properties and work plans generally; the targeting activities proposed by the Company will be effective; and the Company's approach to exploration will result in the expected benefits. Although the assumptions made by the Company in providing forward-looking information is considered reasonable by management at the time, there can be no assurance that such assumptions will prove to be accurate and actual results and future events could differ materially from those anticipated in such information.

Important factors that could cause actual results to differ materially from the Company's plans or expectations include: the risk that exploration work at the Illinois Creek Project will not occur as anticipated; the risk that assay results will not be received when anticipated; the risk that Silver Sage will not represent a new area of mineralization as anticipated; the risk that the CRD property will not exhibit the anticipated continuity; the risk that the Company will not be able to implement its objectives, goals and future plans, including the proposed advancement of the Illinois Creek Project as currently contemplated; the risk that exploration activities (including drill results) will not accurately predict mineralization; the risk that Company will not be able to implement its drilling, geoscience and metallurgical work on its properties and work plans generally; the risk that the targeting activities proposed by the Company will not be effective; the risk that the Company's approach to exploration will not result in the expected benefits; risks related to market conditions and metal prices; delays in obtaining or failures to obtain required governmental, environmental or other project approvals; uncertainties relating to the availability and costs of financing needed in the future; changes in equity markets; inflation; fluctuations in commodity prices; the other risks involved in the mineral exploration and development industry; and those risks set out in the Company's public disclosure record on SEDAR+ (www.sedarplus.ca) under the Company's issuer profile. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information or implied by forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking information or financial outlook that are incorporated by reference herein, except in accordance with applicable securities laws. Any forward-looking information contained in this news release is expressly qualified in their entirety by this cautionary statement. We seek safe harbor.

Source: View Original Filing on SEC EDGAR

FAQ

What did Alaska Silver Corp. (WAMFF) shareholders approve at the June 2026 meeting?

Shareholders approved all resolutions, including electing six directors, re-appointing Davidson & Company LLP as auditor, renewing the 10% Long Term Incentive Plan, and issuing common shares to certain insiders in settlement of outstanding debts, with each item receiving strong majority support.

How many Alaska Silver (WAMFF) shares were represented at the June 19, 2026 meeting?

A total of 26,946,579 common shares, representing 30.36% of the 88,749,150 shares outstanding on the record date, were represented in person or by proxy at the meeting, providing sufficient participation to constitute a quorum for voting on all resolutions.

What is Alaska Silver’s 2026 drilling plan at Illinois Creek?

The 2026 program at Illinois Creek calls for 6,000 metres of drilling, with just over 1,000 metres already completed. Two drill rigs are active at Silver Sage and Waterpump Creek North, targeting multiple high-priority zones within the broader Illinois Creek district in western Alaska.

What resources does Alaska Silver report at the Waterpump Creek zone?

Waterpump Creek hosts an Inferred Mineral Resource of 75 million ounces silver equivalent at 279 g/t silver, 11.28% zinc and 9.87% lead. The resource remains open to the north and south, indicating potential for further expansion with continued exploration drilling in the area.

How large is Alaska Silver’s Illinois Creek land package?

The Illinois Creek Project covers a 100%-owned, contiguous land package of 80,895 acres, equal to 126.4 square miles or 32,337 hectares. It is anchored by resource-level zones at Waterpump Creek and the historical Illinois Creek Mine, separated by roughly 8 kilometers of prospective ground.

What gold and silver resources remain at the historical Illinois Creek Mine?

At the Illinois Creek Mine, Indicated Mineral Resources total 260,000 ounces of gold at 0.92 g/t and 8.3 million ounces of silver at 29.72 g/t. Inferred Mineral Resources include 290,000 ounces of gold at 0.84 g/t and 10.4 million ounces of silver at 30.11 g/t.

Filing Exhibits & Attachments

6 documents

Press Releases

EX-99.1 EXHIBIT 99.1 37.6 KB