VANCOUVER, BC, June 9, 2022
/PRNewswire/ - Alexco Resource Corp. (NYSE American: AXU)
(TSX: AXU) ("Alexco" or the
"Company") announces the results of matters voted
upon at its Annual General Meeting (the "Meeting") of
shareholders held earlier today.
A total of 80,882,091 votes were cast, representing 49.7% of the
issued and outstanding common shares as of the record date for the
Meeting. All nominated directors were elected with voting results
tabulated as follows:
Nominee
|
Votes For
|
Percentage
|
Votes Withheld
|
Percentage
|
|
|
|
|
|
Clynton R.
Nauman
|
55,643,707
|
97.8%
|
1,280,833
|
2.2%
|
Elaine
Sanders
|
55,708,185
|
97.9%
|
1,216,355
|
2.1%
|
Karen
McMaster
|
55,728,067
|
97.9%
|
1,196,473
|
2.1%
|
Richard N.
Zimmer
|
55,626,632
|
97.7%
|
1,297,908
|
2.3%
|
Rick Van
Nieuwenhuyse
|
47,221,696
|
83.0%
|
9,702,844
|
17.0%
|
Terry
Krepiakevich
|
55,269,969
|
97.1%
|
1,654,571
|
2.9%
|
|
|
|
|
|
Shareholders also voted 96.0% in favour of the approval of
certain amendments to the Corporation's stock option plan (the
"Plan") and all unallocated awards under the Plan and 98.9% in
favour to set the number of directors at six. In addition,
PricewaterhouseCoopers LLP, Chartered Professional Accountants,
were re-appointed as auditors with 99.1% voting support.
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 mines in the world. Alexco started concentrate production
and shipments in 2021 and is currently advancing Keno Hill toward steady state production. Upon
reaching commercial production, Keno
Hill is expected to produce an average of approximately 4.4
million ounces of silver per year contained in high quality
lead/silver and zinc concentrates. 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.