| Alexco Resources Corp. - AXR.t owns the historic Keno Hill Silver District, located in Canada's Yukon Territory. The Bellekeno silver mine is one of the world's highest-grade silver mines. Alexco is currently in interim suspension of operations at Bellekeno. | 
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June 13, 2018 - Alexco Resource Corp. (NYSE AMERICAN: AXU, TSX: AXR) (“Alexco” or the “Company”) is pleased to announce that it has closed the previously announced flow-through bought deal public offering (the “Offering”) with a syndicate of underwriters including Cormark Securities Inc. and Canaccord Genuity Corp. The Company issued a total of 4,703,000 flow-through common shares (the “Flow-Through Shares”) at a blended price of C$1.92 per share for gross proceeds C$9,041,150.
   
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