# Alexco acquires Contango Strategies for $1.39M

Alexco Resource Corp., through its subsidiary Alexco Environmental Group, acquired Contango Strategies Ltd., a water treatment systems company, for $1,388,000 in cash and shares.

- Type: Acquisition
- Announced: 2018-06-18
- Where: Saskatoon, Saskatchewan, Canada
- Value: $1.39M
- Jobs: 20
- Status: completed
- Products: biological water treatment systems, bioreactors, constructed treatment wetlands
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [Alexco Resource Corp.](https://endata.com/companies/32636.md) (acquirer)
- [Contango Strategies Ltd.](https://endata.com/companies/32637.md) (target)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/alexco-expands-environmental-business-in-canada-with-acquisition-of-contango-strategies-ltd-300667369.html), 2018-06-18: "With the addition of Contango's advanced technology and research facilities it will enable AEG to continue to be leaders in the sector and at the forefront of applied environmental science, especially in mining related industrial applications."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.