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ALEXCO RESOURCE CORP

TSX:AXUTSX:AXRLSE:0UH1US:AXU
No current share price held for this company.

Past year: ▼ 66%(50.0c – 2.58 CAD)

Market cap
—
Shares on issue
—
Story beats
22 since 2016
Last event
8 Sept 2022

Announcements, explained

Each one in plain English, with the numbers worked through for a shareholder.

13 Sept 2016drilling result▲ GoodMajor

Interim results from 18 of 36 holes at Bermingham, including 7.5 m true width at 2,715 g/t silver (with 2.4 m at 6,391 g/t) about 100 m down plunge of the deepest 2015 intercept. The Bear Zone now traced over at least 250 m of plunge length, open at depth and along strike.

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18 May 2016capital raising announcement▲ Good

Closed the placement above the target: 10,839,972 units at C$1.20 for C$13.0m.

What it means for a shareholder

10.8m new shares at C$1.20 to raise about C$13.0m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.

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27 Apr 2016capital raising announcement▲ Good

Non-brokered placement of up to 8.34 million units at C$1.20 for up to C$10.0m, each unit a share plus half a warrant at C$1.75 for two years - more than double the C$0.53 raised five months earlier.

What it means for a shareholder

8.3m new shares at C$1.20 to raise about C$10.0m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.

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8 Dec 2015capital raising announcement▲ Good

Closed the flow-through offering with the over-allotment taken in full: 5,662,500 shares at C$0.53 for C$3.0m, C$4.0m including the concurrent non-brokered placement.

What it means for a shareholder

5.7m new shares at C$0.530 to raise about C$3.0m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.

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20 Nov 2015capital raising announcement● Neutral

Bought deal of 3,775,000 flow-through shares at C$0.53 for C$2.0m, plus a concurrent non-brokered piece of up to C$960,000, all to fund exploration at Keno Hill. At 53 cents this is the low point of Alexco's share price in the cached record.

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