/Companies

Alaska Silver

OTC: WAMFF

Tucson, US · Founded 2021 · British Columbia, Canada corporation

Find your way into Alaska Silver

Sign up to see every warm intro you have to Alaska Silver

  • Paths you didn't know you had: your email and LinkedIn already hold routes to the Alaska Silver team. We find them for you
  • 2nd- and 3rd-degree connections: the friend-of-a-friend routes that take hours to manually find through your inbox or LinkedIn
  • Answers now, not in days: momentum is everything in a raise. Skip asking around whether someone knows someone

Days of research, done the moment you sign in, with every route ranked by how warm it is.

Alaska Silver is a mineral exploration company developing high-grade silver and critical minerals resources across an 8-km corridor in the Illinois Creek Mining District, including the Waterpump Creek silver-gallium deposit and the historic Illinois Creek gold-silver mine. It focuses on carbonate replacement and porphyry systems on State of Alaska mining claims.

Founders & leadership

KMKit Marrs
Kit MarrsPresident & CEO at Western Alaska MIneralsKit Marrs is co-founder and president of Western Alaska Minerals, a mineral exploration company focused on silver and critical minerals development in Alaska. He holds M.S. and B.S. degrees in Economic Geology from the University of Arizona and brings over 40 years of experience in mineral exploration and project development, including prior roles at Anaconda Minerals Company, Kennecott/Bear Creek Mining, and Penoles.
JP
Joe PiekenbrockExecutive
DMDarren Morgans
Darren MorgansExecutiveExecutive Officer at Western Alaska Minerals
PD
Patrick DonnellyExecutive Vice President
AT
Alex TongNamed on SEC filing
GA
Greg AndersonNamed on SEC filing

Board

DS
David SmallhouseBoard director
NB
Nate BrewerBoard director
KN
Kevin NishiBoard director
SM
Susan MitchellBoard director
AS
Aaron SchuttBoard director

Reported raises · per SEC filings

Form D private placements

$28.5M disclosed across 10 of 11 rounds · 2021–2026

▶$897.1KraisedOct 2026 · 4 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Kit MarrsExecutive Officer, Director
  • Patrick DonnellyExecutive Officer
  • Darren MorgansExecutive Officer
  • Nate BrewerDirector
  • Susan MitchellDirector
  • David SmallhouseDirector
  • Kevin NishiDirector
  • Aaron SchuttDirector
  • Joe PiekenbrockExecutive Officer
Offering amount
$897.1K
Amount sold
$897.1K
First sale
Sep 2026
Incorporated
Corporation, British Columbia, Canada
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$725.9KraisedAug 2026 · 3 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Kit MarrsExecutive Officer
  • Patrick DonnellyExecutive Officer
  • Darren MorgansExecutive Officer
  • Nate BrewerDirector
  • Susan MitchellDirector
  • David SmallhouseDirector
  • Kevin NishiDirector
  • Aaron SchuttDirector
Offering amount
$725.9K
Amount sold
$725.9K
First sale
Aug 2026
Incorporated
Corporation, British Columbia, Canada
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$1.2MofferedMar 2025 · 19 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Kit MarrsDirector, Executive Officer
  • Joe PiekenbrockExecutive Officer
  • Nate BrewerDirector
  • Kevin NishiDirector
  • Susan MitchellDirector
  • Darren MorgansExecutive Officer
  • David SmallhouseDirector
Offering amount
$1.2M
First sale
Mar 2025
Incorporated
Corporation, British Columbia, Canada, 2021
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$1MraisedMay 2024 · 33 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Nate BrewerDirector
  • Alex TongExecutive Officer
  • Joe PickenbrockExecutive Officer
  • Greg AndersonDirector
  • Kevin NishiDirector
  • Kit MarrsExecutive Officer, Director
  • David SmallhouseDirector
Offering amount
$1M
Amount sold
$1M
Finders' fees
$23K
Placement agents
Sprott Global Resource Investments Ltd.
First sale
May 2024
Incorporated
Corporation, British Columbia, Canada, 2021
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$553.7KraisedMay 2024 · 7 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Alex TongExecutive Officer
  • Kevin NishiDirector
  • Susan J. MitchellDirector
  • Nate BrewerDirector
  • David SmallhouseDirector
  • Joe PickenbrockExecutive Officer
  • Kit MarrsExecutive Officer, Director
Offering amount
$553.7K
Amount sold
$553.7K
Sales commissions
$33.2K
Placement agents
Roth Capital Partners, LLC, Canaccord Genuity Wealth Management (USA) Inc.
First sale
Apr 2024
Incorporated
Corporation, British Columbia, Canada, 2021
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$982.2KraisedSep 2023 · 10 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Alex TongExecutive Officer
  • David SmallhouseDirector
  • Joe PickenbrockExecutive Officer
  • Kevin NishiDirector
  • Kit MarrsExecutive Officer, Director
  • Greg AndersonDirector
  • Nate BrewerDirector
Offering amount
$982.2K
Amount sold
$982.2K
First sale
Sep 2023
Incorporated
Corporation, British Columbia, Canada, 2021
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$1MraisedMay 2023 · 20 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Alex TongExecutive Officer
  • Kevin NishiDirector
  • Nate BrewerDirector
  • David SmallhouseDirector
  • Joe PiekenbrockExecutive Officer
  • Kit MarrsExecutive Officer, Director
  • Greg AndersonDirector
Offering amount
$1M
Amount sold
$1M
Sales commissions
$51.6K
Placement agents
Canaccord Genuity Wealth Management (USA) Inc.
First sale
May 2023
Incorporated
Corporation, British Columbia, Canada, 2021
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$1.6MraisedAug 2022 · 8 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • David SmallhouseDirector
  • Alex TongExecutive Officer
  • Joe PiekenbrockExecutive Officer
  • Greg AndersonExecutive Officer, Director
  • Kevin NishiDirector
  • Kit MarrsExecutive Officer, Director
  • Nate BrewerDirector
Amount sold
$1.6M
First sale
Aug 2022
Incorporated
Corporation, British Columbia, Canada, 2021
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Frequently asked questions

What does Alaska Silver do?
Alaska Silver is a mineral exploration company developing high-grade silver and critical minerals resources across an 8-km corridor in the Illinois Creek Mining District, including the Waterpump Creek silver-gallium deposit and the historic Illinois Creek gold-silver mine. It focuses on carbonate replacement and porphyry systems on State of Alaska mining claims.
How much funding has Alaska Silver raised?
Alaska Silver has disclosed $28.5M raised across 10 of its 11 known rounds.
Where is Alaska Silver headquartered?
Alaska Silver is headquartered in Tucson, US.