On June 4, 2019, Alexco Resource Corp. (TSX: AXR / NYSAMERICAN: AXU) (“Alexco”) announced the completion of its short form prospectus offering of 6,500,000 common shares at USD$1.00 per share for total gross proceeds of USD$6.5 million.
Alexco owns the majority of the high-grade Keno Hill Silver District in Yukon Territory, Canada. Alexco also operates a wholly-owned subsidiary business, Alexco Environmental Group, that provides mine-related environmental services, remediation technologies and reclamation and mine closure services to both government and industry clients in North America and elsewhere.
Miller Thomson acted as Canadian counsel in this transaction with a team comprised of Lucy Schilling, Gregory Smith, and Elizabeth Holden (Capital Markets & Securities).
