Alaska Silver USA Corp extended the maturity of a $3,698,000 promissory note owed to Chief Exploration Officer Joe Piekenbrock from July 1, 2027, to July 1, 2028. Concurrently, the company revised its consulting agreement with Piek Exploration LLC, increasing Mr. Piekenbrock's compensation rate from $3,000 per month to $200 per hour effective January 1, 2026, and added eligibility for the Long-Term Incentive Plan. Alaska Silver Corp operates in the mining sector.