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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