Alexco to raise $10.3m to fund Keno Hill operations in Yukon

Yukon-focused silver mine developer Alexco Resource (NYSE: AXU) (TSX: AXU) has arranged a non-brokered private placement of approximately 7.47 million common shares priced at C$1.75 each, which would raise gross proceeds of roughly C$13.1 million ($10.3m) to the company. Net proceeds of the...