VANCOUVER, BC, May 3, 2021 /PRNewswire/ - Alexco
Resource Corp. (NYSE American: AXU) (TSX:
AXU) ("Alexco" or the "Company") is pleased to announce
that it has filed a notice of meeting and management information
circular (the "Circular") to its shareholders of record as
of April 26, 2021 in connection with
its Annual General Meeting of shareholders (the "Meeting")
to be held on June 10, 2021, at
1:30 p.m. (Pacific Time). The Meeting
materials will be mailed out to shareholders on May 5th, 2021.
Due to the ongoing global coronavirus (COVID-19) public
health emergency and in consideration of the health and safety of
our shareholders, colleagues and our broader community, the Company
strongly encourages shareholders to vote on the matters before the
Meeting by proxy, and to view the Meeting presentation by way of
conference call and webcast, rather than attend in
person. The routine legal requirements of the Meeting will
be carried out by a limited number of Company representatives.
Alexco encourages all shareholders to participate in the
Meeting. Shareholders may submit questions to management ahead of
the Meeting via email to info@alexcoresource.com. There will also
be an opportunity to ask questions during the Meeting by conference
call following the conclusion of the official business portion of
the Meeting and webcast presentation.
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, 2020;
- To fix the number of directors at six;
- To elect directors for the ensuing year;
- To appoint the auditors for the ensuing year; and
- To consider and, if thought fit, to approve an ordinary
resolution approving all unallocated awards under the Company's
restricted share unit incentive plan, as more particularly
described in the corresponding Circular.
The Board of Directors of Alexco recommends
that shareholders
vote in favour of all proposed
items.
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 and
operates the majority of the historic Keno Hill Silver District, in
Canada's Yukon Territory, one of the highest-grade
silver deposits in the world. Alexco is currently advancing
Keno Hill to production and started
concentrate production and shipments in Q1 2021. As per Alexco's
2020 pre-feasibility study, Keno
Hill is expected to produce an average of approximately 4
million ounces of silver per year contained in high quality
lead/silver and zinc concentrates. Total production over an 8-year
mine life is estimated at 1.18 million tonnes of ore at an average
rate of 430 tonnes per day at an average grade of 805 grams per
tonne. Keno Hill retains significant
potential to grow and Alexco has a long history of expanding the
operation's Mineral Resources through successful exploration.
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.