American Stock Exchange Lists the Common Stock of Alexco Resource Corp.

NEW YORK, Sept. 20 /PRNewswire/ -- The American Stock Exchange(R) (Amex(R)) today lists the common stock of Alexco Resource Corp. under the ticker symbol AXU.

Alexco Resource Corp. is a precious metals exploration company with a silver focus and a growing environmental services business. The Company conducts mineral exploration in Canada, primarily in Yukon, and performs reclamation and remediation services at mine sites using its rights to certain patents and the expertise acquired by its officers.

"We are pleased to welcome Alexco Resource Corp.," said John McGonegal, Senior Vice President of Amex's Equities Group. "Alexco Resource joins a growing roster of Canadian companies that have chosen to list at the Amex and we look forward to providing them with the solid support and services that are essential in today's competitive marketplace."

"Our listing on the Amex is an important milestone in our continuing efforts to ensure a liquid trading market for our shareholders and to increase our shareholder base. Our Amex listing will allow better access for U.S. investors to participate in our current exploration program at our Keno Hill silver project in Yukon," commented Clynton Nauman, President and Chief Executive Officer of Alexco.

The specialist for Alexco Resource Corp. will be Brendan E. Cryan & Company, LLC.

For further information on AXU and other Amex-listed companies, please visit www.amex.com.

About American Stock Exchange

The American Stock Exchange(R) (Amex(R)) offers trading across a full range of equities, options and exchange traded funds (ETFs), including structured products and HOLDRS(SM). In addition to its role as a national equities market, the Amex is the pioneer of the ETF, responsible for bringing the first domestic product to market in 1993. Leading the industry in ETF listings, the Amex lists 337 ETFs to date. The Amex is also one of the largest options exchanges in the U.S., trading options on broad-based and sector indexes as well as domestic and foreign stocks. For more information, please visit www.amex.com

Source: American Stock Exchange

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