Alaska Silver Corp Announces C$7.6M PIPE to Expand 2026 Drill Program

What Happened
Alaska Silver Corp (ticker: WAMFF) announced on August 11, 2026, that it has secured C$7.6 million in PIPE (private investment in public equity) financings to expand its 2026 drilling program to 9,000 metres. The company furnished a press release with these details under Regulation FD in a Form 8-K filed the same day.

Key Details

• Date of disclosure: August 11, 2026 (press release furnished as Exhibit 99.1 to the Form 8-K).
• Financing amount: C$7.6 million via PIPE financings.
• Operational plan change: 2026 drill program increased/expanded to a total of 9,000 metres.
• Disclosure type: Regulation FD disclosure furnished on Form 8-K (information furnished, not a separate filing like a prospectus).

Why It Matters
This financing provides Alaska Silver with additional capital specifically earmarked to increase exploration drilling in 2026, which could accelerate target testing and potential resource definition. For investors, the key takeaways are the improved funding position for near‑term exploration activity and the company’s intent to materially expand drill metres this season. The filing is informational and does not itself change reported financial results or corporate governance.