On March 27, 2020, Alexco Resource Corp. closed an over-night marketed public offering of 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. With full subscription of the over-allotment option, Alexco issued 4,662,675 common shares at a price of $1.85 per share for gross proceeds of approximately $8.6 million.
Cassels acted for the underwriters with a deal team that included Chad Accursi, James Lyle and Jasmine Qin (Securities and Mining).