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Alexco closes $9.07-million private placement 2007-12-11 12:28 ET - News Release Mr. Clynton Nauman reports ALEXCO CLOSES FLOW-THROUGH PRIVATE PLACEMENT Alexco Resource Corp. has today closed the flow-through private placement previously announced in Stockwatch on Nov. 21, 2007. A total of 1.5 million flow-through common shares have been issued at a purchase price of $6.05 per flow-through share, for total gross proceeds of $9,075,000. Canaccord Capital Corp. acted as agent in respect of 1.43 million shares and the remaining 70,000 shares were subscribed for on a non-brokered basis by individuals who included insiders of Alexco. The agent received a commission of 6 per cent of the gross proceeds from the brokered offering plus 85,800 agent's warrants to purchase non-flow-through common shares at a price of $5.35 per share and exercisable for up to one year. The company plans to use the proceeds from the offering to incur eligible Canadian exploration expenses, primarily in respect of its silver-lead-zinc mineral properties located in the Keno Hill district of the Yukon. The securities are subject to a hold period and may not be traded until April 12, 2008, except as permitted by applicable securities legislation. |
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| aus der Diskussion: | Alexco Resource - Ein Umweltunternehmen |
| Autor (Datum des Eintrages): | Pabella (11.12.07 21:15:44) |
| Beitrag: | 9 von 353 (ID:32732161) |
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