Alaska Silver files LIFE offering document

Mr. Kit Marrs reports ALASKA SILVER ANNOUNCES FILING OF LIFE OFFERING DOCUMENT Alaska Silver Corp., further to its news release dated Sept. 12, 2025, now intends to proceed with the previously announced offering in Canada pursuant to the listed issuer financing exemption contained in Part A of National Instrument 45-106, Prospectus Exemptions, rather than by way of prospectus supplement to its previously filed base shelf prospectus. The company has filed an offering document, which is available on SEDAR+ and on the company's website. The offering price and certain terms of the securities to be offered will be determined in the context of the market at the time of pricing. The closing of the offering is subject to market and other customary conditions, including, but not limited to, the receipt of all necessary approvals, including the approval of the TSX Venture Exchange and the U.S. Securities and Exchange Commission's (SEC) review process. There can be no assurance as to whether or when the offering may be completed or, if it is completed, as to the size or terms of the offering. Cantor Fitzgerald & Co. is acting as the lead bookrunning manager for the offering. Cantor Fitzgerald Canada Corp. will act as an agent for the sale of any company securities in the offering in Canada. A registration statement relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. The offering will be made in the United States only by means of a prospectus forming a part of the registration statement. A copy of the preliminary prospectus related to the offering may be obtained from Cantor Fitzgerald & Co., 110 East 59th St., New York, N.Y., 10022, or via e-mail at [email protected] or telephone at 212-938-5000. In addition, a copy of the prospectus relating to the offering may be obtained via the SEC's website. About Alaska Silver Corp. Alaska Silver is one of the pioneers of North America's next major silver and critical minerals district at the Illinois Creek project, a prolific eight-kilometre mineral corridor hosting two stand-alone deposits with a new Warm Springs discovery zone in between (the IC project). The claims of the IC project cover a 100-per-cent-owned land package of 73,535 acres (115 square miles or 29,758 hectares), located approximately 38 kilometres from the region's marine highway, the Yukon River. We seek Safe Harbor.