# EDGAR Filing Document

**Accession Number:** 0001893899
**File Stem:** 0000000000-25-009240
**Filing Date:** 2025-8
**Character Count:** 6979
**Document Hash:** 14bad62f24e3121ee42a0d3b337845ac
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000000000-25-009240.hdr.sgml**: 20260312

**ACCESSION NUMBER**: 0000000000-25-009240

**CONFORMED SUBMISSION TYPE**: UPLOAD

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20250828

**FILED FOR**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Alaska Silver Corp.
- **CENTRAL INDEX KEY:** 0001893899
- **STANDARD INDUSTRIAL CLASSIFICATION:** GOLD & SILVER ORES [1040]
- **ORGANIZATION NAME:** 01 Energy & Transportation
- **EIN:** 000000000
- **STATE OF INCORPORATION:** A1
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** UPLOAD
- **SEC FILE NUMBER:** 377-08011

**BUSINESS ADDRESS:**
- **STREET 1:** 3573 E. SUNRISE DRIVE, SUITE 233
- **CITY:** TUCSON
- **STATE:** AZ
- **ZIP:** 85718
- **BUSINESS PHONE:** (520) 237-1475

**MAIL ADDRESS:**
- **STREET 1:** 3573 E. SUNRISE DRIVE, SUITE 233
- **CITY:** TUCSON
- **STATE:** AZ
- **ZIP:** 85718

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Western Alaska Minerals Corp.
- **DATE OF NAME CHANGE:** 20211115
**PUBLIC REFERENCE ACCESSION NUMBER**: 0001104659-25-048612

## Text-Extract

```

                                                              August 28, 2025

Kit Marrs
Chief Executive Officer
Alaska Silver Corp.
3573 East Sunrise Dr. Suite 233
Tucson, AZ 85718

        Re: Alaska Silver Corp.
            Amendment No. 1 to Draft Registration Statement on Form S-1
            Submitted August 11, 2025
            CIK No. 0001893899
Dear Kit Marrs:

     We have reviewed your amended draft registration statement and have the
following
comments.

        Please respond to this letter by providing the requested information
and either
submitting an amended draft registration statement or publicly filing your
registration
statement and non-public draft submissions on EDGAR. If you do not believe a
comment
applies to your facts and circumstances or do not believe an amendment is
appropriate, please
tell us why in your response.

       After reviewing the information you provide in response to this letter
and your
amended draft registration statement or filed registration statement, we may
have additional
comments. Unless we note otherwise, any references to prior comments are to
comments in
our June 10, 2025 letter.

Amendment No. 1 to Draft Registration Statement on Form S-1
Risk Factors
Certain of our directors and officers also serve as directors and/or officers
of other
companies..., page 28

1.     We note your response to prior comment 6 and reissue in part. Please
expand your
       disclosure to explain how you expect to resolve potential conflicts of
interest with
       your directors and executive officers.
 August 28, 2025
Page 2
Use of Proceeds, page 33

2.     We note your response to prior comment 7 and reissue in part. Please
revise to
       provide the disclosure called for by Instruction 4 to Item 504 of
Regulation S-K.
Business
Governmental Approvals and Regulations, page 47

3.     We note your response to prior comment 9. Your risk factor disclosure
indicates your
       operations are subject to extensive federal, state and local laws and
regulations
       governing environmental protection and employee health and safety; that
you expect
       to make significant expenditure to comply with the extensive laws and
regulations
       governing the protection of the environment, waste disposal, worker
safety, mine
       development and protection of endangered and other special status
species; and that
       all phases of your operations in Alaska will be subject to extensive
federal and state
       environmental regulation. Please expand your disclosure in this section
to better
       describe the individual federal, state and local laws and regulations
which govern your
       operations. Refer to Item 101(h)(4)(viii) of Regulation S-K.
Properties, page 54

4.     We note your disclosure of Waterpump Creek mineral resources in Table
1-5. Please
       disclose the point of reference (in situ, mill feed, etc.) and the class
of mineral
       resource (measured, indicated, or inferred) as required by Item
1303(b)(3) and Item
       1304(d)(1) of Regulation S-K.
Description of Securities, page 78

5.     We note your response to prior comment 17 and reissue. Please revise to
include risk
       factor disclosure regarding any potential material dilutive effect(s) of
the outstanding
       Warrants and Finder Warrants to investors in this offering.
6.     You provide on page 79 that as of the date of the filing of the
prospectus you have 244
       registered shareholders of your subordinate voting shares and 44
registered
       shareholders of your proportionate voting shares. However, on page 81
you note there
       are approximately 247 subordinate voting shareholders and 63
proportionate voting
       shareholders of record as of May 20, 2025. Please reconcile the
discrepancy between
       the two dates and numbers of voting shareholders or advise.
7.     You provide that the Board may determine by resolution that it is no
longer in the
       Company's best interests that the proportionate voting shares be
maintained as a
       separate class of shares of the Company, and if so determined, all
proportionate voting
       shares will automatically, without any action on the part of the holder,
be converted
       into subordinate voting shares on the basis of 100 subordinate voting
shares for each 1
       proportionate voting share. Please revise your risk factor(s) to
expressly address the
       dilution risk related to this potential for action by the Board.
 August 28, 2025
Page 3
Index to Financial Statements, page F-1

8.     Please revise to cite the correct periods of the audited financial
statements.
Note 8. Promissory Note, page F-10

9.     Explain your basis for allocating $747,488 of the total proceeds to
subordinate voting
       share purchase warrants. In this regard, we note that you have allocated
the fair value
       of the warrants first with the remaining balance of the proceeds
allocated to the notes.
       Please tell us how you considered the guidance in ASC 470-20-25-2 and
cite the
       relevant literature that supports your accounting.

        Please contact Ranjit Singh Pawar at 202-551-2702 or Craig Arakawa at
202-551-
3650 if you have questions regarding comments on the financial statements and
related
matters. For any questions relating to engineering comments, you may contact
John Coleman
at 202-551-3610. Please contact Michael Purcell at 202-551-5351 or Liz
Packebusch at 202-
551-8749 with any other questions

                                                              Sincerely,

                                                              Division of
Corporation Finance
                                                              Office of Energy
& Transportation
cc:   Daniel M. Miller

```

### Attached PDF Documents

**Attachment 1:** `filename1`

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