VANCOUVER, April 27, 2020 /PRNewswire/ - Alexco
Resource Corp. (NYSE American/TSX: AXU) ("Alexco" or
the "Company") is pleased to announce that it has mailed a
notice of meeting and management information circular (the
"Circular") to its shareholders of record as of April 20, 2020 in connection with its virtual
Annual General Meeting of shareholders (the "Meeting") to be
held virtually at https://web.lumiagm.com/278974290 on Thursday, June 4, 2020, at 1:30 p.m. (Pacific Time).
YOUR VOTE IS IMPORTANT - PLEASE VOTE
TODAY
Alexco encourages shareholders to read the meeting materials,
which have been filed on SEDAR (www.sedar.com) and are available on
our website at
www.alexcoresource.com/investors/annual-general-meeting/.
Meeting Matters
Shareholders will be asked to vote on the following:
- To receive and consider the report of the directors and the
consolidated financial statements together with the auditors'
report thereon for the year ended December
31, 2019;
- To fix the number of directors at seven;
- To elect directors for the ensuing year;
- To appoint the auditors for the ensuing year; and
- To approve and ratify the grant of certain equity-based
incentive awards in 2019 to the independent directors.
The Board of Directors of Alexco recommends
that shareholders
vote in favour of all proposed
items.
Due to the rapidly evolving global coronavirus (COVID-19) public
health emergency and in consideration of the health and safety of
our shareholders, colleagues and our broader community, this year's
Meeting will be held in a virtual meeting format only. A
virtual-only meeting format is being adopted to enfranchise and
give all shareholders an equal opportunity to participate at the
Meeting regardless of their geographic location or the particular
constraints, circumstances or risks they may be facing as a result
of COVID-19.
Shareholder Information and Questions
Alexco shareholders who have questions about the Circular, or
require assistance with voting their shares can contact Alexco
at:
|
North America Toll
Free: 1-844-392-3035
|
|
Email:
info@alexcoresource.com
|
About Alexco
Alexco is a Canadian primary silver company that owns the
majority of the historic high-grade Keno Hill Silver District (the
"District") in Canada's
Yukon Territory. Alexco has a long
history of expanding Keno Hill's
mineral resources through successful exploration and is currently
advancing a development plan for the District. In 2019, the Company
published a positive pre-feasibility study that estimates
production of 1.12 million tonnes of ore at an average rate of 430
tonnes per day at an average grade of 805 grams per tonne silver
over an 8-year mine life from the Flame & Moth, Bermingham,
Bellekeno and Lucky Queen deposits.
Please visit the Alexco website at
www.alexcoresource.com
Some statements ("forward-looking statements") in this news
release contain forward-looking information concerning the
Company's anticipated results and developments in the Company's
operations in future periods, made as of the date of this news
release. Forward-looking statements may include, but are not
limited to, statements with respect to the timing of activities and
reports. 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. Forward-looking
statements are based on certain assumptions that management
believes are reasonable at the time they are made. 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.
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SOURCE Alexco Resource Corp.