Alaska Silver Corp. 8-K

What Happened

• Alaska Silver Corp. (WAMFF) held its annual general and special meeting on June 19, 2026 (record date May 15, 2026). Of 88,749,150 shares outstanding, 26,946,579 shares (≈30.36%) were represented, establishing a quorum.
• Shareholders approved setting the board size at six directors and elected six directors to hold office until the 2027 annual meeting. They re‑appointed Davidson & Company LLP as auditor, approved a 10% rolling Long Term Incentive Plan (LTIP) and, as voted by disinterested shareholders, approved the issuance of common shares to certain insiders in settlement of company debts.
• The company issued a press release on June 22, 2026 titled “Alaska Silver Announces Shareholder Meeting Results and Summer Exploration Program Update” (filed as Exhibit 99.1).

Key Details

• Record date and shares outstanding: 88,749,150 (Record Date: May 15, 2026). Quorum: 26,946,579 shares (≈30.36%).
• Board size approval (Proposal 1): For 26,881,474; Against 63,105.
• Director election (Proposal 2) — 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
• Auditor re-appointment (Proposal 3): Davidson & Company LLP — For 26,896,549; Withheld 48,030.
• LTIP approval (Proposal 4): 10% rolling Long Term Incentive Plan — For 25,655,086; Against 1,289,493.
• Insider debt settlement share issuance (Proposal 5, disinterested shareholders): For 14,201,471; Against 145,945.

Why It Matters

• Corporate governance and leadership are confirmed: shareholders set the board at six directors and elected the full slate, which determines oversight of strategy and operations through 2027.
• The approved 10% rolling LTIP and the authorized issuance of shares to insiders (to settle debts) are actions that can affect share count and dilution over time; investors should watch subsequent disclosures for details on any share issuances and their timing.
• Re-appointment of the auditor is routine but relevant for continuity in financial reporting; the June 22 press release also signals near-term operational activity (a summer exploration program) that may impact future company news and results.