Alexco Resource Corp. (AXR.TO, AXU) announced that it has closed the flow-through private placement, announced on December 14, issuing a total of 2.375 million flow-through common shares at a purchase price of $4.00 per flow-through share for total gross proceeds of $9.5 million.
The gross proceeds of the Flow-Through Shares shall be used for exploration on Alexco's properties in the Keno Hill silver district in Canada's Yukon Territory.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.