VOTING SUPPORT AGREEMENTVoting Support Agreement • July 19th, 2022 • Hecla Mining Co/De/ • Mining & quarrying of nonmetallic minerals (no fuels) • British Columbia
WHEREAS the Shareholder is the beneficial owner of [•] Alexco Shares (the “Subject Shares”), [•] Alexco Options, [•] Alexco DSUs and [•] Alexco RSUs (together with the Subject Shares, the “Subject Securities”) in the issued and outstanding share capital of Alexco Resource Corp. (“Alexco”), as more particularly set forth in Schedule A attached hereto;
BRIDGE LOAN AGREEMENTBridge Loan Agreement • July 19th, 2022 • Hecla Mining Co/De/ • Mining & quarrying of nonmetallic minerals (no fuels) • British Columbia
THIS AGREEMENT WITNESSES that in consideration of the covenants and agreements herein contained and other good and valuable consideration (the receipt and sufficiency of which are hereby mutually acknowledged), the parties hereto do hereby covenant and agree as follows:
July 16, 2022 Alexco Resource Corp. Suite 1225, Two Bentall Centre, Box 216 Vancouver, British Columbia V7X 1M9 Attention: Mike Clark Email: mclark@alexcoresource.com Re: Amendment to the Bridge Loan AgreementHecla Mining Co/De/ • July 19th, 2022 • Mining & quarrying of nonmetallic minerals (no fuels) • British Columbia
Reference is made to the arrangement agreement dated July 4, 2022 (the “Arrangement Agreement”) pursuant to which Hecla Mining Company (“Hecla”) agreed to acquire all of the outstanding securities of Alexco Resource Corp. (“Alexco”) not already owned by Hecla (the “Arrangement”).
