Alaska Silver Corp. Launches US$12M Unit Offering to Fund Exploration
Alaska Silver Corp. (TSXV: WAM, OTC: WAMFF) is launching a significant offering, with plans to sell 18,460,000 Units at US$0.65 each, aiming to raise approximately US$12 million. The Offering will be conducted in the USA, Canada, and other applicable jurisdictions, with Cantor Fitzgerald & Co. serving as the lead book-running manager.
Each Unit in the offering comprises one subordinate voting share and one Warrant, exercisable for another subordinate voting share at US$0.97 within three years post-closing. The net proceeds will be allocated to fund mineral exploration, repay debt, and cover general working capital expenses.
The Offering will be executed in the USA via a prospectus, forming part of a registration statement. The Company has agreed to issue Underwriters' Warrants to purchase up to 4.0% of the Units sold. The closing is expected on or about October 3, 2025, subject to customary conditions and TSXV approval. An Offering Document is available on SEDAR+ and the Company's website.
Alaska Silver Corp.'s Unit Offering, led by Cantor Fitzgerald & Co., aims to raise US$12 million. Funds will support mineral exploration and other essential corporate activities. The Offering's success depends on meeting regulatory conditions and investor interest.
