 VANCOUVER , March 27, 2020 CNW - Alexco Resource Corp. NYSE AMERICAN: AXU; TSX: AXU Alexco or the Company announces that it has closed the previously announced over-night marketed public offering the Offering of common shares of the Company the Common Shares, with a syndicate of underwriters co-led by Cormark Securities Inc. and Cantor Fitzgerald Canada Corporation as joint bookrunners, and including Canaccord Genuity Corp. collectively the Underwriters. With full subscription of the over-allotment option, the Company has issued 4,662,675 Common Shares at a price of 1.85 per share the Offering Price for gross proceeds of 8,625,948.75 . 