# EDGAR Filing Document

**Accession Number:** 0001893899
**File Stem:** 0001104659-25-095367
**Filing Date:** 2025-10
**Character Count:** 35064
**Document Hash:** ac2a4687598d12fc0791f293d3d1965f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-25-095367.hdr.sgml**: 20251001

**ACCESSION NUMBER**: 0001104659-25-095367

**CONFORMED SUBMISSION TYPE**: S-1MEF

**PUBLIC DOCUMENT COUNT**: 18

**FILED AS OF DATE**: 20251001

**DATE AS OF CHANGE**: 20251001

**EFFECTIVENESS DATE**: 20251001

**FILER**: 

**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:** S-1MEF
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-290643
- **FILM NUMBER:** 251362667

**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

**As filed with the U.S. Securities and Exchange Commission on October 1, 2025**

**Registration No. 333-**

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**WASHINGTON, D.C. 20549**

**Form S-1**

**REGISTRATION STATEMENT**

***UNDER***

***THE SECURITIES ACT OF 1933***

**ALASKA SILVER CORP.**

(Exact name of Registrant as specified in its charter)

---

| | | |
|:---|:---|:---|
| **British Columbia** | **1040** | **87-4818470** |
| (State or other jurisdiction of<br> incorporation or organization) | (Primary Standard Industrial Classification<br> Code Number) | (I.R.S. Employer<br> Identification No.) |

---

**1500-1111 West Hastings St, Vancouver, British Columbia, V6E 2J3 Canada**

**(520) 200-1667**

(Address, including zip code and telephone number, including area code, of registrant's principal executive offices)

**Christopher "Kit" Marrs**

**Chief Executive Officer and President**

**Alaska Silver Corp.**

**3573 East Sunrise Dr. Suite 233, Tucson, Arizona, 85718**

**United States of America**

**(520) 200-1667**

(Name, address, including zip code, and telephone number, including area code, of agent for service)

***Copies to:***

---

| | |
|:---|:---|
| **Daniel M. Miller** | **Mark D. Wood** |
| **Dorsey & Whitney LLP** | **Alyse A. Sagalchik** |
| **Suite 855-1095 W. Pender Street** | **Katten Muchin Rosenman LLP** |
| **Vancouver, BC V6E 2M6** | **525 W. Monroe Street** |
| **Canada** | **Chicago, IL 60661-3693** |
| **(604) 630-5199** | **(312) 902-5200** |

---

Approximate date of commencement of proposed sale to the public: As soon as practicable after the effective date of this registration statement.

If any of the securities being registered on this Form are to be offered on a delayed or continuous basis pursuant to Rule 415 under the Securities Act of 1933, as amended, check the following box. ◻

If this Form is filed to register additional securities for an offering pursuant to Rule 462(b) under the Securities Act, please check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. ⌧ 333-290204

If this Form is a post-effective amendment filed pursuant to Rule 462(c) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. ◻

If this Form is a post-effective amendment filed pursuant to Rule 462(d) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. ◻

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company" and "emerging growth company" in Rule 12b-2 of the Exchange Act.

Large Accelerated filer ◻ Accelerated filer ◻ <br> Non-accelerated filer ⌧ Smaller reporting company ⌧ <br> Emerging growth company ⌧

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Exchange Act. ◻

The Registration Statement shall become effective upon filing in accordance with Rule 462(b) promulgated under the Securities Act of 1933, as amended.

**EXPLANATORY NOTE**

This Registration Statement on Form S-1 is being filed by Alaska Silver Corp. (the "Registrant"), pursuant to Rule 462(b) under the Securities Act of 1933, as amended, and General Instruction V to Form S-1. This Registration Statement relates to the Registrant's Registration Statement on Form S-1, as amended (File No. 333-290204) (the "Prior Registration Statement"), initially filed by the Registrant on September 12, 2025 and declared effective by the Securities and Exchange Commission on September 30, 2025.

The Registrant is filing this Registration Statement for the sole purpose of increasing the aggregate offering price of units to be offered by the Registrant in the public offering by $5,888,000, which includes additional subordinate voting shares and warrants that the underwriters have the option to purchase and additional subordinate voting shares underlying the warrants to be issued to the underwriter. The additional securities that are being registered for issuance and sale are in an amount and at a price that together represent no more than 20% of the maximum aggregate offering price set forth in the Calculation of Filing Fees table filed as an exhibit to the Prior Registration Statement. The information set forth in the Prior Registration Statement and all exhibits to the Prior Registration Statement are hereby incorporated by reference into this Registration Statement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Exhibits

---

| | |
|:---|:---|
| **Exhibit No.** | **Description of Exhibit** |
| [5.1](tm2515003d19_ex5-1.htm) | [Opinion of DuMoulin Black LLP](tm2515003d19_ex5-1.htm) |
| [5.2](tm2515003d19_ex5-2.htm) | [Opinion of Dorsey & Whitney LLP related to the Warrants](tm2515003d19_ex5-2.htm) |
| [23.1](tm2515003d19_ex23-1.htm) | [Consent of Davidson & Company LLP, independent registered public accounting firm](tm2515003d19_ex23-1.htm) |
| [23.2](tm2515003d19_ex5-1.htm) | [Consent of DuMoulin Black LLP (included in Exhibit 5.1)](tm2515003d19_ex5-1.htm) |
| [23.3](tm2515003d19_ex5-2.htm) | [Consent of Dorsey & Whitney LLP (included in Exhibit 5.2)](tm2515003d19_ex5-2.htm) |
| [24.1\*](https://www.sec.gov/Archives/edgar/data/1893899/000141057825002211/tm2515003-7_s1.htm#tSIG) | [Power of Attorney](https://www.sec.gov/Archives/edgar/data/1893899/000141057825002211/tm2515003-7_s1.htm#tSIG) |
| [107](tm2515003d19_ex-filingfees.htm) | [Calculation of Filing Fees Table](tm2515003d19_ex-filingfees.htm) |

---

\* Previously filed with the Registrant's Registration Statement on Form S-1 (File No. 333-290204) filed with the Securities and Exchange Commission on September 12, 2025, the amended version of which is incorporated by reference herein.

**SIGNATURES**

Pursuant to the requirements of the Securities Act of 1933, Alaska Silver Corp. has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Vancouver, British Columbia, Canada, on October 1, 2025.

---

| | | |
|:---|:---|:---|
| **ALASKA SILVER CORP.** | **ALASKA SILVER CORP.** | **ALASKA SILVER CORP.** |
| By: | */s/ Christopher "Kit" Marrs* | */s/ Christopher "Kit" Marrs* |
|  | Name: | Christopher "Kit" Marrs |
|  | Title: | Chief Executive Officer |

---

Pursuant to the requirements of the Securities Act of 1933, this registration statement has been signed by the following persons in the capacities indicated on October 1, 2025.

---

| | |
|:---|:---|
| **Signature** | **Title** |
| */s/ Christopher "Kit" Marrs* | Chief Executive Officer and Director (Principal Executive Officer) |
| Christopher "Kit" Marrs | Chief Executive Officer and Director (Principal Executive Officer) |
| */s/ Darren Morgans* | Chief Financial Officer (Principal Financial Officer and Principal Accounting Officer) |
| Darren Morgans | Chief Financial Officer (Principal Financial Officer and Principal Accounting Officer) |
| \* | Director |
| Nate Brewer |  |
| \* | Director |
| Susan Mitchell |  |
| \* | Director |
| Kevin Nishi |  |
| \* | Director |
| David Smallhouse |  |

---

---

| | |
|:---|:---|
| \* By: | /s/ *Christopher "Kit" Marrs* |
|  | Name: Christopher "Kit" Marrs |
|  | Title: Attorney-in-Fact |

---

**AUTHORIZED REPRESENTATIVE**

Pursuant to the requirements of Section 6(a) of the Securities Act of 1933, the undersigned has signed this registration statement, solely in its capacity as the duly authorized representative of Alaska Silver Corp. in the United States, on October 1, 2025

---

| |
|:---|
| */s/ Christopher "Kit" Marrs* |
| *Name: Christopher "Kit" Marrs* |
| *Title: Chief Executive Officer and Director (Principal Executive Officer)* |

---

## Exhibit 5.1

**Exhibit 5.1**

---

| | |
|:---|:---|
| ![](tm2515003d19_ex5-1img001.jpg) | DuMoulin Black LLP<br> 1111 West Hastings Street, 15th Floor <br> Vancouver BC Canada V6E 2J3<br> www.dumoulinblack.com<br>Telephone No. (604) 687-1224 |

---

File No. 5948-016

October 1, 2025

Alaska Silver Corp.<br> 3573 East Sunrise Dr., Suite 233<br> Tucson, Arizona, USA<br> 85718

Dear Sirs/Mesdames:

---

| | |
|:---|:---|
| **Re:** | **Alaska Silver Corp. (the "Company") – Registration Statement on Form S-1** |

---

We have acted as counsel for the Company in the Province of British Columbia (the "**Province**") and are rendering this opinion in connection with the filing with the United States Securities and Exchange Commission (the "**SEC**") of a registration statement on Form S-1 (the "**462(b) Registration Statement**") filed by the Company under the *United Securities Act of 1933*, as amended (the "**Securities Act**"), relating to the offer and sale by the Company pursuant to Rule 462(b) of the Securities Act (the "**Offering**") of up to an additional US$2,000,000 of units ("**Units**"), with each Unit being comprised of one subordinate voting share of the Company (a "**Share**") and one share purchase warrant (a "**Warrant**"), with each Warrant entitling the holder to purchase one subordinate voting share (a "**Warrant Share**"). We understand that the Company has agreed to grant an over-allotment option to the underwriters of the Offering to purchase up to an additional US$300,000 of Units (the "**Over-Allotment Option**"), the offering and sale of which are also registered under the 462 (b) Registration Statement. The 462(b) Registration Statement relates to the Company's Registration Statement on Form S-1, as amended (File No. 333-290204) initially filed by the Company with the SEC on September 12, 2025, as amended on September 29, 2025 and declared effective by the SEC on September 30, 2025. The 462(b) Registration Statement also registers $3,450,000 Warrant Shares.

We further understand that in connection with the Offering, the Company will issue to the underwriters of the Offering warrants to purchase 141,538 subordinate voting shares equal to 4.0% of the Units sold in the Offering (the "**Underwriters' Warrants**"). Each Underwriters' Warrant shall entitle the holder thereof to acquire one subordinate voting share of the Company (an "**Underwriters' Warrant Share**"). The issuance of the Underwriters' Warrants and the Underwriters' Warrant Shares is also registered under the 462(b) Registration Statement.

Unless otherwise specifically stated, all references hereinafter to "**Shares**", "**Warrants**", "**Warrant Shares**" and "**Underwriters' Warrant Shares**" shall mean, collectively and respectively, the Shares, Warrants, Warrant Shares and Underwriters' Warrant Shares issuable pursuant to the Offering and any additional Shares, Warrants, Warrant Shares and Underwriters' Warrant Shares issuable pursuant to the Over-Allotment Option. Unless otherwise specifically stated, all references hereinafter to "**Securities**" shall mean, collectively, the Shares, Warrants, Warrant Shares, Underwriters' Warrants and Underwriters' Warrant Shares.

This opinion is being rendered in connection with the filing of the 462(b) Registration Statement with the SEC and no opinion is expressed herein as to any matter pertaining to the contents of the 462(b) Registration Statement or the prospectus constituting a part of the 462(b) Registration Statement, other than as expressly stated herein with respect to the issue of the Securities.

**Law**

We are not qualified to practice law in the United States of America. We are solicitors qualified to practice law in the Province only and we express no opinion as to the laws of any jurisdiction, or as to any matters governed by the laws of any jurisdiction, other than the laws of the Province and the laws of Canada applicable therein. The opinions herein are based on the laws of the Province and the laws of Canada applicable therein in effect on the date hereof.

The opinions expressed below are given as of the date of this letter and are not prospective. We disclaim any obligation to advise the addressees or any other person of any change in law or any fact which may come or be brought to our attention after the date of this letter.

**Assumptions and Qualifications**

We have examined a copy of the 462(b) Registration Statement and relied upon such other documents as we have deemed relevant and necessary as a basis for the opinions hereinafter expressed. We have assumed the genuineness of all signatures, the legal capacity at all relevant times of any individual signing such documents, the authenticity and completeness of all documents submitted to us as originals, the conformity to authentic original documents of all documents submitted to us as certified or photostatic copies or facsimiles (including scanned copies provided by email), and the authenticity of the originals of such certified or photostatic copies or facsimiles and the truth and accuracy of all corporate records of the Company and certificates of officers provided to us by the Company.

We have assumed that at all relevant times:

(a) the Company validly exists and is duly qualified and in good standing under the laws of its jurisdiction
of incorporation;

(b) the Notice of Articles and then operative articles of the Company (the "**Articles**" and
collectively with the Notice of Articles, the "**Charter Documents**") are in full force and effect and have not been amended,
restated, supplemented or otherwise altered, and there has been no authorization of any such amendment, restatement, supplement or other
alteration, in either case since the date hereof;

(c) the Company has the necessary corporate power and capacity to authorize, create, validly issue, sell and
deliver the Securities and perform its obligations under the terms and conditions of the Securities;

(d) all necessary corporate action has been taken by the Company to duly authorize, create, validly issue,
sell and deliver the Securities and to perform its obligations under the terms and conditions of the Securities, and to duly authorize
and approve the terms of the Offering and related matters;

(e) the Securities have been duly authorized, created, validly issued, sold and delivered by the Company and
any other person signing or authenticating the Securities, as applicable, and the terms of the Offering and related matters have been
duly authorized and approved by the Company;

(f) the issuance, terms, execution and delivery of the Securities (i) do not result in a breach of, or
default under, agreements or instruments to which the Company is bound or violations of applicable statutes, rules, regulations or court
or governmental orders, and (ii) comply with any applicable requirement or restriction imposed by any court or governmental body
having jurisdiction over the Company;

(g) the issuance and delivery of the Securities, the terms of the Offering and related matters do not and
will not conflict with and do not and will not result in a breach of or default under, and do not and will not create a state of facts
which, after notice or lapse of time or both, will conflict with or result in a breach of or default under any of the terms or conditions
of the articles or by-laws of the Company, any resolutions of the Board of Directors or shareholders of the Company, any agreement or
obligation of the Company, or applicable law; and

(h) the 462(b) Registration Statement, and any amendments thereto (including post-effective amendments),
 will have become effective and such effectiveness will not have been terminated or rescinded.

Whenever our opinion refers to shares of the Company whether issued or to be issued, as being "**fully paid and non-assessable**", such opinion indicates that the holder of such shares will not be liable to contribute any further amounts to the Company by virtue of its status as a holder of such shares, either in order to complete payment for the shares or to generally satisfy claims of creditors of the Company. No opinion is expressed as to actual receipt by the Company of the consideration for the issuance of such shares or as to the adequacy of any consideration received.

We have not undertaken any special or independent investigation to determine the existence or absence of any facts or circumstances on which our opinions herein are based, and no inference as to our knowledge of the existence of such facts or circumstances should be drawn merely from our representation of the Company.

**Opinions**

Based and relying upon the foregoing, and subject to the assumptions and qualifications expressed above and below, we are of the opinion that:

1. When (a) the Company has taken all necessary action to authorize and approve the issuance of
 the Shares, the terms of the Offering and related matters, and (b) certificates representing the Shares have been duly
 executed, countersigned, registered and delivered or, if uncertificated, valid book-entry notations have been made in the share
 register of the Company, in each case in accordance with the Charter Documents, against payment therefor in an amount not less than
 such consideration determined by the Company's board of directors and permitted under the laws of the Province of British
 Columbia then in effect and in the manner contemplated by the 462(b) Registration Statement and in accordance with the provisions of
 the applicable definitive purchase, underwriting or similar agreement, if any, approved by the Company, the Shares will be duly
 authorized and validly issued as fully paid and non-assessable subordinate voting shares in the capital of the Company.

2. When (a) the Company has taken all necessary action to authorize and approve the issuance of the
Warrant Shares and the Underwriters' Warrant Shares, the terms of the Offering and related matters, and (b) certificates representing
the Warrant Shares and the Underwriters' Warrant Shares have been duly executed, countersigned, registered and delivered or, if
uncertificated, valid book-entry notations have been made in the share register of the Company, in each case in accordance with the Charter
Documents, upon exercise or conversion of the Warrants in accordance with the terms of the Warrants and upon exercise or conversion of
the Underwriters' Warrants in accordance with the terms of the Underwriters' Warrants, respectively, and in each case as approved
by the Company, for the consideration approved by the Company (in an amount not less than such consideration determined by the Company's
board of directors and permitted under the laws of the Province of British Columbia then in effect), the Warrant Shares and the Underwriters'
Warrant Shares will be duly authorized and validly issued as fully paid and non-assessable subordinate voting shares in the capital of
the Company.

We hereby consent to the filing of this opinion as an exhibit to the 462(b) Registration Statement and to the reference to this firm under the heading "Legal Matters" in the prospectus constituting a part of the 462(b) Registration Statement. In giving such consent, we do not thereby admit that we are within the category of persons whose consent is required under Section 7 of the Securities Act or the rules and regulations thereunder.

The above opinions are rendered solely to the persons to whom they are addressed in connection with the above transaction, and may not be used, circulated, quoted from or otherwise referred to for any other purpose and may not be relied upon by any other person without our express prior written consent.

Yours truly,

/s/ DuMoulin Black LLP

## Exhibit 5.2

**Exhibit 5.2**

October 1, 2025

Alaska Silver Corp.

1500-1111 West Hastings St, Vancouver, British Columbia,

V6E 2J3 Canada

Re: <u>Registration Statement on Form S-1</u>

Ladies and Gentlemen:

We have acted as United States counsel to Alaska Silver Corp., a corporation incorporated under the laws of British Columbia, Canada (the "**Company**"), in connection with a Registration Statement on Form S-1 (the "**462(b) Registration Statement**") filed by the Company with the United States Securities and Exchange Commission (the "**Commission**") under the United States Securities Act of 1933, as amended (the "**Securities Act**"), relating to the offer and sale by the Company pursuant to Rule 462(b) of the Securities Act of up to an additional $2,000,000 of units ("**Units**"), with each Unit being comprised of one subordinate voting share, no par value, of the Company (each, a "**Subordinate Voting Share**") and one warrant (collectively, the "**Warrants**") with each whole Warrant to purchase one Subordinate Voting Share (the "**Warrant Shares**"). The 462(b) Registration Statement relates to the Company's Registration Statement on Form S-1, as amended (File No. 333-290204) initially filed by the Company with the Commission on September 12, 2025, as amended on September 29, 2025 and declared effective by the Commission on September 30, 2025.

The Company has agreed to grant an over-allotment option to the underwriter to purchase up to an additional $300,000 of Units. The 462(b) Registration Statement also registers $3,450,000 Warrant Shares.

In addition, the Company has agreed to issue to the underwriter, as compensation for its services pursuant to an underwriting agreement to be entered into by and between the Company and the Underwriters (the "**Underwriting Agreement**"), 141,538 warrants to purchase up to a number of Subordinate Voting Shares equal to 4.0% of the Units sold in the offering (the "**Underwriter's Warrants**", together with the Warrants, the "**Offered Warrants**"), with each Underwriter's Warrant exercisable to purchase one Subordinate Voting Share.

This opinion letter is furnished to you for filing with the Commission pursuant to Item 601 of Regulation S-K, promulgated under the Securities Act.

We have examined such documents and have reviewed such questions of law as we have considered necessary or appropriate for the purposes of our opinions set forth below. In rendering our opinions set forth below, we have assumed the authenticity of all documents submitted to us as originals, the genuineness of all signatures and the conformity to authentic originals of all documents submitted to us as copies. We have also assumed the legal capacity for all purposes relevant hereto of all natural persons. As to questions of fact material to our opinions, we have relied upon certificates or comparable documents of officers and other representatives of the Company and of public officials.

Based on the foregoing, we are of the opinion that the Offered Warrants, when issued and delivered against payment of the consideration therefor, as contemplated in the 462(b) Registration Statement and in accordance with the terms of the Underwriting Agreement, will constitute valid and binding obligations of the Company, enforceable against the Company in accordance with their terms.

Our opinions expressed above are limited to the corporate laws of the State of Minnesota.

We hereby consent to the filing of this opinion as an exhibit to the 462(b) Registration Statement, and to the reference to our firm under the headings "Legal Matters" and "Advisors" in the prospectus constituting part of the 462(b) Registration Statement. In giving this consent, we do not admit that we are within the category of persons whose consent is required under Section 7 of the Securities Act or the rules and regulations of the Commission thereunder.

Very truly yours,

*/s/ Dorsey & Whitney LLP*

## Exhibit 23.1

**Exhibit 23.1**

![](tm2515003d19_ex23-1img001.jpg)

**CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM**

We hereby consent to the use in this Registration Statement on Form S-1 of our report dated September 4, 2025, relating to the consolidated financial statements of Alaska Silver Corp., which is part of this Registration Statement.

We also consent to the reference to us under the caption "Experts" in the Prospectus.

**/s/ DAVIDSON & COMPANY LLP**

Vancouver, Canada Chartered Professional Accountants

October 1, 2025

![](tm2515003d19_ex23-1img002.jpg)

## Ex-Filing

?xml version='1.0' encoding='ASCII'? EX-FILING FEES

---

| |
|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Calculation of Filing Fee Tables**  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **S-1**  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Alaska Silver Corp.**  |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| | | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Security Type**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Security Class Title**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Fee Calculation or Carry Forward Rule**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Maximum Aggregate Offering Price**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Fee Rate**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Amount of Registration Fee**  |
| **Newly Registered Securities** | **Newly Registered Securities** | **Newly Registered Securities** | **Newly Registered Securities** | **Newly Registered Securities** | **Newly Registered Securities** | **Newly Registered Securities** | **Newly Registered Securities** |
| Fees to be Paid | 1 | Equity | Units, consisting of Subordinate Voting Shares, no par value, and Warrants to purchase Subordinate Voting Shares | 457(o) | $2300000.00 | 0.0001381 | $317.63 |
| Fees to be Paid | 2 | Equity | Subordinate Voting Shares, no par value | Other |  | 0.0001381 | $0.00 |
| Fees to be Paid | 3 | Equity | Warrants to purchase Subordinate Voting Shares, no par value | Other |  | 0.0001381 | $0.00 |
| Fees to be Paid | 4 | Equity | Underwriter's Warrants | Other |  | 0.0001381 | $0.00 |
| Fees to be Paid | 5 | Equity | Subordinate Voting Shares, no par value, issuable upon exercise of the Warrants | 457(o) | $3450000.00 | 0.0001381 | $476.44 |
| Fees to be Paid | 6 | Equity | Subordinate Voting Shares, no par value, issuable upon exercise of the Underwriter's Warrants | Other | $138000.00 | 0.0001381 | $19.06 |
| Fees Previously Paid |  |  |  |  |  |  |  |
| **Carry Forward Securities** | **Carry Forward Securities** | **Carry Forward Securities** | **Carry Forward Securities** | **Carry Forward Securities** | **Carry Forward Securities** | **Carry Forward Securities** | **Carry Forward Securities** |
| Carry Forward Securities |  |  |  |  |  |  |  |
|  |  |  | Total Offering Amounts: | Total Offering Amounts: | $5888000.00  |  | $813.13  |
|  |  |  | Total Fees Previously Paid:  | Total Fees Previously Paid:  |  |  | $0.00  |
|  |  |  | Total Fee Offsets:  | Total Fee Offsets:  |  |  | $0.00  |
|  |  |  | Net Fee Due:  | Net Fee Due:  |  |  | $813.13  |

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Offering Note** <br>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <sup>1</sup> Pursuant to Rule 416 under the Securities Act of 1933, as amended (the "Securities Act"), the securities registered hereby include an indeterminate number of additional securities as may become issuable by reason of share splits, share dividends, recapitalizations or other similar transactions from time to time. Estimated solely for purposes of calculating the amount of the registration fee pursuant to Rule 457(o) under the Securities Act. Includes the offering price of additional units (the "Units"), with each Unit consisting of one subordinate voting share of the Registrant (each, a "Subordinate Voting Share") and one warrant to purchase one Subordinate Voting Share, that the Underwriter has the option to purchase to cover over-allotments, if any.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <sup>2</sup> No separate fee is required pursuant to Rule 457(i) of the Securities Act.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <sup>3</sup> No separate fee is required pursuant to Rule 457(i) of the Securities Act.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <sup>4</sup> The Registrant has agreed to issue to the Underwriter, upon the closing of the offering, warrants to purchase up to a number of Subordinate Voting Shares equal to 4% of the total number of Units sold in this offering (the "Underwriter's Warrants"). Pursuant to Rule 457(g) under the Securities Act, no separate registration fee is required in connection with the registration of the Underwriter's Warrants.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <sup>5</sup> A warrant, each to purchase one Subordinate Voting Share, will be issued for every one Subordinate Voting Share offered. The warrants will be exercisable at a per share price equal to 150% of the public offering price per share.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <sup>6</sup> The Underwriter's Warrants will have a per share exercise price of $0.97 per share. As estimated solely for the purpose of calculating the registration fee pursuant to Rule 457(g) under the Securities Act. As estimated solely for the purpose of calculating the registration fee pursuant to Rule 457(g) under the Securities Act, the proposed maximum aggregate offering price of the Subordinate Voting Shares issuable upon exercise of the Underwriter's Warrants is equal to 4% of the units sold in the offering.

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| | |
|:---|:---|
| | |
| **Rules 457(b) and 0-11(a)(2)** | **Rules 457(b) and 0-11(a)(2)** |
| Fee Offset Claims | N/A |
| Fee Offset Sources | N/A |
| **Rule 457(p)** | **Rule 457(p)** |
| Fee Offset Claims | N/A |
| Fee Offset Sources | N/A |

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| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Security Type**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Security Class Title**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Amount of Securities Previously Registered**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Maximum Aggregate Offering Price of Securities Previously Registered**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Form Type**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **File Number**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Initial Effective Date**  |
| N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |

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