UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
Form 6-K
REPORT
OF FOREIGN PRIVATE ISSUER
PURSUANT
TO RULE 13a-16 OR 15d-16
UNDER
THE SECURITIES EXCHANGE ACT OF 1934
For the month of September 2018. |
Commission File
Number 001-33621 |
ALEXCO RESOURCE
CORP.
(Translation
of registrant's name into English)
Suite 1225,
Two Bentall Centre
555 Burrard
Street, Box 216
Vancouver,
BC V7X 1M9 Canada
(Address of principal executive office)
Indicate by check mark whether the registrant
files or will file annual reports under cover of Form 20-F or Form 40-F.
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): [ ]
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): [ ]
SUBMITTED
HEREWITH
SIGNATURES
Pursuant to
the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized.
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ALEXCO RESOURCE CORP. |
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(Registrant) |
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By: |
/s/ Mike Clark |
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Date: September 21,
2018 |
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Mike Clark
Chief Financial Officer |
Exhibit 99.1
Alexco Files Final Shelf Prospectus and
Registration Statement to Renew Previous Shelf Prospectus
VANCOUVER, Sept. 21, 2018 /CNW/ - Alexco
Resource Corp. (NYSE American:AXU) (TSX:AXR) ("Alexco" or the "Company") announced today that it has filed
a final short form base shelf prospectus with the securities commissions in each of the Provinces of British Columbia, Alberta,
Saskatchewan, Manitoba and Ontario and a corresponding amendment to its registration statement on Form F-10 (Registration Statement)
with the United States Securities and Exchange Commission (SEC) under the U.S./Canada Multijurisdictional Disclosure System which
replaces the Company's short form prospectus dated July 29, 2016, which ceased to be effective August 29, 2018.
The shelf prospectus filings allow Alexco to
make offerings of common shares, warrants, subscription receipts and/or units up to an aggregate total of Cdn$50 million during
the 25-month period that the final short form base shelf prospectus remains effective. Such securities may be offered in amounts,
at prices and on terms to be determined based on market conditions at the time of sale and set forth in one or more shelf prospectus
supplement(s) and, subject to applicable regulations, may include at-the-market transactions, private placements, public offerings
or strategic investments. Information regarding the use of proceeds from a sale of such securities will be included in the applicable
prospectus supplement.
Copies of the Registration Statement, preliminary
short form base shelf prospectus and final short form base shelf prospectus, as well as any shelf prospectus supplements that may
be filed in the future, can be found on SEDAR at www.sedar.com and on EDGAR at www.sec.gov or may be obtained by request
to the Corporate Secretary of Alexco at Suite 1225, Two Bentall Centre, 555 Burrard Street, Box 216, Vancouver, British Columbia,
V7X 1M9, Telephone (604) 633-4888.
If any securities are offered under the Prospectus
or Registration Statement, the terms of any such securities and the intended use of the net proceeds resulting from such offering
would be established at the time of any offering and would be described in a prospectus supplement filed with the applicable Canadian
securities regulatory authorities and the SEC at the time of such an offering and would be made available by Alexco at the above
address.
Filing of Amended Technical Report and Annual
Information Form
In connection with the shelf prospectus filings,
the Company has also filed the independent technical report dated March 29, 2017 with an effective date of January 3, 2017, as
amended September 14, 2018, prepared by Roscoe Postle Associates Inc. entitled "Technical Report, Preliminary Economic
Assessment of the Keno Hill Silver District Project, Yukon Territory, Canada" (the "PEA") and an amended and restated
annual information form for the year ended December 31, 2017 (the "AIF") along with an amended annual report on Form
40-F for the year ended December 31, 2017 (the "Form 4-F"). Amendments to the PEA include changes made to (a) update
certain terms to reflect the amended standards under the current CIM 2014 Definition Standards; (b) revise certain portions of
the PEA to report mineral resources in defined categories pursuant to National Instrument 43-101; and (c) insert requisite cautionary
language relating to the preliminary economic assessment and the increased risks associated with production decisions. Amendments
to the AIF and Form 40-F include revising technical terms to reflect the current CIM 2014 Definition Standards and updating the
technical disclosure therein to reflect the amended PEA.
These documents can be found on SEDAR at www.sedar.com and
on EDGAR at www.sec.gov and may also be obtained by request to the Corporate Secretary of Alexco at Suite 1225, Two Bentall Centre,
555 Burrard Street, Box 216, Vancouver, British Columbia, V7X 1M9, Telephone (604) 633-4888.
About Alexco
Alexco owns the majority of the historic high-grade
Keno Hill Silver District in Canada's Yukon Territory as detailed in the PEA and anticipates the sequential development of four
high grade silver deposits over an eight year mine life producing more than one million tonnes with an average grade of 843 grams
per tonne silver, 3.3% lead and 4.6% zinc. Silver production is anticipated to be approximately 3.5 million ounces per year. The
PEA is preliminary in nature and includes inferred mineral resources that are considered too speculative geologically to have the
economic considerations applied to them that would enable them to be categorized as mineral reserves, and there is no certainty
that the PEA will be realized. Mineral resources that are not mineral reserves do not have demonstrated economic viability.
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.
Please visit the Alexco website at www.alexcoresource.com
This news release does not constitute an
offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the securities in any jurisdiction in
which such offer, solicitation or sale would be unlawful, including in the United States.
Neither the Toronto Stock Exchange nor
its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
Certain statements ("forward-looking
statements") in this news release contain forward-looking information concerning any shelf prospectus supplements that may
be filed, planned exploration and development of its properties, plans related to its business and other matters that may occur
in the future, made as of the date of this news release. Forward-looking statements may include, but are not limited to, statements
with respect to the any shelf prospectus supplements and any related shelf prospectus filings. Forward-looking statements are subject
to a variety of known and unknown risks, uncertainties and other factors which could cause actual events or results to differ from
those expressed or implied by the forward-looking statements. Such factors include, among others, risks related to regulatory approval
of the shelf prospectus supplement filings; risks related to Alexco's ability to raise additional capital; actual results and timing
of exploration and development activities; actual results and timing of mining activities; actual results and timing of environmental
services activities; actual results and timing of remediation and reclamation activities; conclusions of economic evaluations;
changes in project parameters as plans continue to be refined; future prices of silver, gold, lead, zinc and other commodities;
possible variations in mineable resources, grade or recovery rates; failure of plant, equipment or processes to operate as anticipated;
accidents, labour disputes and other risks of the mining industry; First Nation rights and title; continued capitalization and
commercial viability; global economic conditions; competition; and delays in obtaining governmental approvals or financing or in
the completion of development activities. Forward-looking statements are based on certain assumptions that management believes
are reasonable at the time they are made. In making the forward-looking statements included in this news release, the Company has
applied several material assumptions, including, but not limited to, the assumption that regulatory approval of the any shelf prospectus
filings and related offerings will be obtained in a timely fashion, that the Company will be able to raise additional capital that
the proposed exploration and development will proceed as planned, and that market fundamentals will result in sustained silver,
gold, lead and zinc demand and prices. There can be no assurance that forward-looking statements will prove to be accurate and
actual results and future events could differ materially from those anticipated in such statements. The Company expressly disclaims
any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events
or otherwise, except as otherwise required by applicable securities legislation.
View
original content:http://www.prnewswire.com/news-releases/alexco-files-final-shelf-prospectus-and-registration-statement-to-renew-previous-shelf-prospectus-300717105.html
SOURCE Alexco Resource Corp.
View original content: http://www.newswire.ca/en/releases/archive/September2018/21/c8413.html
%CIK: 0001364128
For further information: Clynton R. Nauman, Chairman and Chief
Executive Officer; Lisa May, Director of Investor Relations, Phone: (778) 945-6577, Email: lmay@alexcoresource.com
CO: Alexco Resource Corp.
CNW 18:07e 21-SEP-18
This regulatory filing also includes additional resources:
ex991.pdf
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