AGM/EGMJun 22, 2026, 03:13 PM
Alaska Silver Shareholders Approve Proposals; Updates Exploration
AI Summary
Alaska Silver Corp. announced that shareholders approved all proposals at its annual general and special meeting held on June 19, 2026. Key approvals included the election of six directors, re-appointment of the auditor, approval of the Long Term Incentive Plan, and the issuance of common shares to insiders for debt settlement. The company also provided a positive update on its 6,000-meter summer exploration program at the Illinois Creek Project, with over 1,000 meters completed at high-priority targets like Silver Sage and Waterpump Creek, aiming to expand the resource base.
Key Highlights
- Shareholders approved setting the number of directors at six with 99.766% of votes.
- Six directors were elected to hold office until the 2027 annual general meeting.
- Davidson & Company LLP was re-appointed as auditor for fiscal year 2026 with 99.822% approval.
- The 10% rolling Long Term Incentive Plan and amendments were approved with 95.214% of votes.
- Disinterested shareholders approved issuing common shares to insiders for debt settlement (98.983% For).
- The 6,000-meter summer exploration program at Illinois Creek Project is underway.
- Over 1,000 meters of drilling have been completed at Silver Sage and Waterpump Creek targets.
Price Impact
More from WAMFF