Alexco Resource Corp. has completed the sale of its interest in the Brewery Creek property in Yukon Territory, under a follow-on agreement reached in February with Golden Predator Corp. Golden Predator had already earned a majority stake in the property under an August 2009 option agreement but Alexco retained a 25 per cent interest in the property. In return for its 100 per cent interest in the property, Alexco received a total of $4 million cash, 7.5 million Golden Predator shares and warrants that can be used within two years to purchase Golden Predator shares at $1.15 each.
