Alexco also announced that Mr. Michael Winn has resigned from Alexco's Board of Directors (the "Board") effective immediately in order to focus on his increasing responsibilities at other publicly listed companies. Mr. Winn was a founding Board member of Alexco and served as its Chairman from 2006 through 2010 and again in 2015 to 2016. Mr. Winn will remain as a Strategic Advisor to Alexco's Board of Directors going forward.