WAMFF — what changed in the latest 10-Q

Text added vs the prior filing · source: 10-Q · 2026-08-13

• We have one directly-held wholly-owned subsidiary, ASUSA, and one indirectly held, wholly owned subsidiary, Piek Incorporated. ASUSA exists under the laws of Alaska and carries out exploration activities in Alaska.

• claims were staked by ASUSA in 2021, after the acquisition of Piek, and 115 new claims were staked by ASUSA in 2022. An additional 46 claims were staked by ASUSA in 2025.

• The Company has announced its intent to pursue a private investment in public equity financing (the “PIPE Financing”) of up to 13,846,910 units (“Units”) at an offering price of C$0.55 per Unit for aggregate gross proceeds of up to C$7,615,800 (approximately US$5,462,000). The Company intends to use…

• During the quarter ended June 30, 2026, our main focus was to open the camp and start the 2026 drilling season at our Waterpump Creek project and newly discovered Silver Sage zone, located within the Illinois Creek Project. We are also planning for additional field work including soil sampling, tren…

• The Company’s Illinois Creek camp opened late May 2026, with some minor pre-season operations in March and April. Drilling commenced in June 2026 at it’s Waterpump Creek property and the recently discovered Silver Sage prospect (2025). The 2026 exploration program utilized two of the Company owned d…

Text removed vs the prior filing · source: 10-Q · 2026-05-14

• quartzite breccia and minor massive vuggy gossan float in a dry east-west trending gully coincident with a pronounced linear feature (Brewer and Millholland, 1982). The Colorado Creek gossan is a weakly anomalous Ag-Pb-Zn-Cu gossan consisting of quartz breccias and vuggy oxidized gossanous float.

• On May 13, 2026 we appointed Mr Aaron Shutt to the board of directors effective immediately. Also on May 13, 2026 we issued an aggregate of 1,045,609 RSUs to directors and officers and 960,000 stock options to certain directors, officers, employees and consultants of the Company, of which 500,000 st…

• During the quarter ended March 31, 2026, our main focus was planning for the 2026 drilling season with planning and coordinating for site activities and human resources at our Waterpump Creek project and newly discovered Silver Sage zone, located within the Illinois Creek Project. We are planning fo…

• Competition in the mineral exploration industry is intense. We compete with other mining companies, many of which have greater financial resources and technical facilities for the acquisition and development of mineral concessions, claims, leases and other interests, as well as for the recruitment a…

• Comparison of the Three Months Ended March 31, 2026 and 2025

Text added vs the prior filing · source: 10-Q · 2026-08-13

• Our management, including our Chief Executive Officer and our Chief Financial Officer, does not expect that our disclosure controls and procedures or our internal control over financial reporting will prevent or detect all errors and all fraud. A control system, no matter how well-designed and opera…

Text added vs the prior filing · source: 10-Q · 2026-08-13

• We are not currently a party to any legal proceedings, litigations or claims, nor are aware of any material pending or threatened litigation or of any proceedings known to be contemplated by governmental authorities that are, or would be, likely to have a material adverse effect upon us or our opera…

Text removed vs the prior filing · source: 10-Q · 2026-05-14

• We are not aware of any material pending or threatened litigation or of any proceedings known to be contemplated by governmental authorities that are, or would be, likely to have a material adverse effect upon us or our operations, taken as a whole.