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Dear Agoracom Family,

I want to thank all of you for your patience with us over the past 48 hours and apologize for what was admittedly a botched launch of our new site.

As you can see, we have reverted back to the previous version of the site while we address multiple forum functionality flaws that inexplicably made their way into the launch.

To this end:

1.We have identified 8 fundamental but easily fixable flaws that will be corrected in the coming week, so that you can continue to use the forums exactly as you've been accustomed to.

2.Additionally we will also be implementing a couple of design improvements to "tighten up" the look and feel of the forums.

Sincerely,

George et al

Message: NR - Alexco Reports Closing of $7 Million Flow-Through Financing

http://www.marketwire.com/press-release/alexco-reports-closing-of-7-million-flow-through-financing-tsx-axr-1781909.htm

April 23, 2013 11:08 ET

Alexco Reports Closing of $7 Million Flow-Through Financing

VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 23, 2013) - Alexco Resource Corp. (TSX:AXR)(NYSE MKT:AXU)(the "Company") today reports that it has closed the private placement announced in its news releases dated April 1, 2013 and April 15, 2013. The Company has issued 2,100,000 "flow-through" common shares (the "Flow-Through Shares") at a price of $3.35 per Flow-Through Share for gross proceeds of $7,035,000 (the "Offering").

The gross proceeds from the sale of the Flow-Through Shares will be used for expenditures on the Company's Keno Hill District exploration properties, which qualify as Canadian exploration expenses (within the meaning of the Income Tax Act (Canada)), with the Company to ensure that such Canadian exploration expenses qualify as "flow-through mining expenditures" (which qualify for the 15% Federal investment tax credit) for purposes of the Income Tax Act (Canada).

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