Excellon Announces Brokered Private Placement of Units for Gross Proceeds of up to C$5.0 Million, with a Lead Order from Eric Sprott
Toronto, Ontario--(Newsfile Corp. - April 15, 2025) - Excellon Resources Inc. (TSX: EXN) (FSE: E4X2) ("Excellon" or the "Company") is pleased to announce that it has entered into an agreement with Red Cloud Securities Inc., to act as lead agent and sole bookrunner on behalf of a syndicate of agents that includes Velocity Trade Capital Ltd. (collectively, the "Agents"), in connection with a best efforts private placement (the "Offering") for aggregate gross proceeds of up to C$5,000,000 from...
2025-04-15 6:45 AM EDT
Excellon Advances Offtake Financing for Mallay Mine Restart
Toronto, Ontario--(Newsfile Corp. - April 2, 2025) - Excellon Resources Inc. (TSX: EXN) (FSE: E4X2) ("Excellon" or the "Company") is pleased to report good progress toward securing offtake-linked financing for the restart of operations at the past-producing Mallay Silver Mine ("Mallay") in Peru. Excellon has received several non-binding proposals from leading trading houses for zinc and lead concentrate offtake agreements. Each proposal includes an associated prepayment or structured finance...
2025-04-02 7:00 PM EDT
Excellon Reports Sampling over 9 g/t Gold and 1,000 g/t Silver at Tres Cerros
Toronto, Ontario--(Newsfile Corp. - March 21, 2025) - Excellon Resources Inc. (TSX: EXN) (FSE: E4X2) ("Excellon" or the "Company") is pleased to announce new confirmatory exploration results from ongoing surface sampling at the Tres Cerros Gold-Silver Project ("Tres Cerros") in north-central Peru. Highlights High-Grade Gold Samples: Assays returned gold values of up to 9.313 g/t gold in oxidized quartz-sulfide vein outcrops, confirming the presence of a high-sulfidation epithermal system....
2025-03-21 8:00 AM EDT
Excellon Secures Path to Acquire the past Producing Mallay Silver Mine
Toronto, Ontario--(Newsfile Corp. - March 11, 2025) - Excellon Resources Inc. (TSX: EXN) (FSE: E4X2) ("Excellon" or the "Company") is pleased to announce a definitive agreement (the "Adar and Premier Agreement") has been executed between Adar Mining Corp. ("Adar") and Premier Silver Corp. ("Premier Silver"), relating to the acquisition by Excellon of Minera CRC S.A.C. ("Minera CRC"), which holds the past-producing Mallay Silver Mine and Tres Cerros Exploration Property in Peru (the...
2025-03-11 7:00 AM EDT
Excellon Closes Initial Financings for Mallay Silver Mine Acquisition and Provides Update
Toronto, Ontario--(Newsfile Corp. - December 3, 2024) - Excellon Resources Inc. (TSX: EXN) (FSE: E4X2) ("Excellon" or the "Company") is pleased to announce closing of the initial approximately C$3.79 million financing in support of the Company's proposed acquisition of the Mallay Silver Mine and Tres Cerros Gold-Silver Exploration Project in Peru, which provide potential opportunities for a near-term return to silver production and highly prospective gold-silver exploration. As previously...
2024-12-03 5:33 PM EST
Excellon Announces Agreement to Acquire Mallay Mine in Transformative Transaction
Toronto, Ontario--(Newsfile Corp. - October 31, 2024) - Excellon Resources Inc. (TSX: EXN) (OTCQB: EXNRF) (FSE: E4X2) ("Excellon" or the "Company") is pleased to announce that it has entered into a share purchase agreement (the "Agreement") with Adar Mining Corp. ("Adar") to acquire (the "Acquisition"), subject to the satisfaction of certain conditions, all of the issued and outstanding shares (the "Minera Shares") in the capital of Minera CRC S.A.C. ("Minera CRC"), which holds a 100%...
2024-10-31 8:15 PM EDT
Excellon Announces Results of 2024 Annual Meeting
Toronto, Ontario--(Newsfile Corp. - June 28, 2024) - Excellon Resources Inc. (TSX: EXN) (OTCQB: EXNRF) (FSE: E4X2) ("Excellon" or the "Company") is pleased to report that the holders of common shares of the Company voted in favour of all items of business at the Company's 2024 Annual Meeting of Shareholders (the "Meeting") held on June 28, 2024, being the election of all nominated directors and the appointment of Ernst & Young LLP as the auditors of the Company. Detailed results from the...
2024-06-28 4:00 PM EDT
Excellon Closes Final Tranches of Private Placement of Units
Toronto, Ontario--(Newsfile Corp. - May 15, 2024) - Excellon Resources Inc. (TSX: EXN) (OTCQB: EXNRF) (FSE: E4X2) ("Excellon" or the "Company") is pleased to announce that, further to the Company's news releases dated April 4, 2024 and April 15, 2024, it has closed the final tranches of its previously announced non-brokered private placement offering (the "Offering") of units of the Company ("Units"), pursuant to which the Company sold an additional 3,414,555 Units at a price of $0.18 per...
2024-05-15 7:00 PM EDT
Excellon Drills 1.37 g/t Gold over 81.2 Metres Including 2.77 g/t Gold over 15.6 Metres at Kilgore Project
Toronto, Ontario--(Newsfile Corp. - May 7, 2024) - Excellon Resources Inc. (TSX: EXN) (FSE: E4X2) ("Excellon" or the "Company") is pleased to announce further drill results from the 2022 exploration program at its 100% owned Kilgore Project ("Kilgore") in Idaho, USA. Final results from 2022 drill program released, including: 1.37 g/t Au over 81.21 metres in EX22KG004, including 2.77 g/t Au over 15.64 metres and 5.28 g/t Au over 5.54 metres, confirming high-grade mineralization in the Aspen...
2024-05-07 7:30 AM EDT
Excellon Closes First Tranche of Private Placement of Units
Toronto, Ontario--(Newsfile Corp. - April 15, 2024) - Excellon Resources Inc. (TSX: EXN) (OTCQB: EXNRF) (FSE: E4X2) ("Excellon" or the "Company") is pleased to announce that, further to the Company's news release dated April 4, 2024, it has closed the first tranche of its previously announced non-brokered private placement offering (the "Offering") of units of the Company ("Units") for aggregate gross proceeds to the Company of approximately $709,574. The Company expects to close a second and...
2024-04-15 8:00 AM EDT
Excellon Announces up to $1.35 Million Non-Brokered Private Placement Offering of Units
Toronto, Ontario--(Newsfile Corp. - April 4, 2024) - Excellon Resources Inc. (TSX: EXN) (OTCQB: EXNRF) (FSE: E4X2) ("Excellon" or the "Company") is pleased to announce a non-brokered private placement offering (the "Offering") of up to 7,500,000 units of the Company (the "Units") at a price of $0.18 per Unit for aggregate gross proceeds to the Company of up to $1,350,000. Each Unit will be comprised of one common share in the capital of the Company (each, a "Common Share") and one common...
2024-04-04 7:30 AM EDT
Excellon Closes Debenture Restructuring
Toronto, Ontario--(Newsfile Corp. - March 28, 2024) - Excellon Resources Inc. (TSX: EXN) (OTCQB: EXNRF) (FSE: E4X2) ("Excellon" or the "Company") is pleased to announce that it has closed its previously announced restructuring of the outstanding 5.75% secured convertible debentures of the Company (the "Debentures") to reduce the outstanding principal amount of the Debentures to C$7.5 million, representing a 58% reduction in principal, and to amend the terms of the remaining Debentures...
2024-03-28 6:28 PM EDT
Excellon Provides Corporate Update and Outlook for 2024
Toronto, Ontario--(Newsfile Corp. - January 10, 2024) - Excellon Resources Inc. (TSX: EXN) (OTCQB: EXNRF) (FSE: E4X2) ("Excellon" or the "Company") is pleased to provide the following "Year in Review" and corporate update, with the intention of providing clarity on key value drivers for 2024. 2023 Year in Review Summary Eliminated the US$22 million litigation liability overhang, through the deconsolidation of San Pedro Resources1. Shareholders approved the restructuring of the Company's 5.75%...
2024-01-10 8:00 AM EST
Excellon Announces Results of 2023 Annual and Special Meeting
Toronto, Ontario--(Newsfile Corp. - November 24, 2023) - Excellon Resources Inc. (TSX: EXN) (OTCQB: EXNRF) (FSE: E4X2) ("Excellon" or the "Company") is pleased to report that the holders (the "Shareholders") of common shares of the Company (the "Shares") voted in favour of all items of business at the Company's 2023 Annual and Special Meeting of Shareholders (the "Meeting") held on November 23, 2023. Shawn Howarth, President and CEO, commented "We are pleased to announce that the proposed...
2023-11-24 12:58 PM EST
Excellon Announces New Annual and Special Meeting Date
Toronto, Ontario--(Newsfile Corp. - October 26, 2023) - Excellon Resources Inc. (TSX: EXN) (OTCQB: EXNRF) (FSE: E4X2) ("Excellon" or the "Company") announces that it has rescheduled its annual and special meeting of shareholders (the "Meeting") from November 7, 2023 to November 23, 2023. The Meeting will be held virtually at 2:00 p.m. (Toronto time). The record date for the Meeting continues to be September 25, 2023. At the Meeting, shareholders will vote on the proposed restructuring of the...
2023-10-26 7:00 PM EDT
Excellon Closes Sale of Oakley
Toronto, Ontario--(Newsfile Corp. - October 19, 2023) - Excellon Resources Inc. (TSX: EXN) (OTCQB: EXNRF) (FSE: E4X2) ("Excellon" or the "Company") is pleased to announce that, further to its news release dated August 30, 2023, Excellon Idaho Gold Inc., a wholly-owned subsidiary of Excellon, has closed the sale of Excellon's minority interest in the Oakley Project ("Oakley") to Centerra (U.S.) Inc. ("Centerra") for US$1 million in cash. Shawn Howarth, President and CEO of Excellon, commented,...
2023-10-19 7:00 AM EDT
Excellon Completes Debenture Extension and Provides Corporate Update
Toronto, Ontario--(Newsfile Corp. - October 3, 2023) - Excellon Resources Inc. (TSX: EXN) (OTCQB: EXNRF) (FSE: E4X2) ("Excellon" or the "Company") announces that, further to its news release dated July 24, 2023, it has completed the extension of the maturity date (the "Extension") of its 5.75% secured convertible debentures (the "Debentures") from July 30, 2023 to July 31, 2024. In consideration for the Extension, the Company has issued 6,888,458 common shares of the Company ("Common Shares")...
2023-10-03 7:00 AM EDT
Excellon Announces Debenture Restructuring
Toronto, Ontario--(Newsfile Corp. - September 21, 2023) - Excellon Resources Inc. (TSX: EXN) (OTCQB: EXNRF) (FSE: E4X2) ("Excellon" or the "Company") is pleased to announce that the Company has entered into a binding term sheet with holders ("Debentureholders") representing over 662/3% of the principal amount of the outstanding 5.75% secured convertible debentures of the Company (the "Debentures") to reduce the outstanding principal amount to C$7.5 million, representing a 58% reduction in...
2023-09-21 7:00 AM EDT
Excellon Announces Sale of Interest in Non-Core Oakley Project and Provides Corporate Update
Toronto, Ontario--(Newsfile Corp. - August 30, 2023) - Excellon Resources Inc. (TSX: EXN) (OTCQB: EXNRF) (FSE: E4X2) ("Excellon" or the "Company") is pleased to announce that Excellon Idaho Gold Inc. ("Excellon Idaho"), a wholly-owned subsidiary of Excellon, has entered into a definitive agreement (the "Purchase Agreement") with Centerra (U.S.) Inc. ("Centerra"), a wholly-owned subsidiary of Centerra Gold Inc. to sell Excellon's remaining minority interest in the Oakley Project ("Oakley") f
2023-08-30 7:00 AM EDT
Excellon Provides Update on Kilgore Gold Project
Toronto, Ontario--(Newsfile Corp. - August 14, 2023) - Excellon Resources Inc. (TSX: EXN) (OTCQB: EXNRF) (FSE: E4X2) ("Excellon" or the "Company") is pleased to announce that a U.S. District Court ruled in support of the United States Forest Service ("USFS") authorization of Excellon's Plan of Operations for the Kilgore Gold Project (the "Plan") to conduct mineral exploration activities in the Dubois Ranger District, Clark County, Idaho. "We are pleased with this decision and look forward to...
2023-08-14 8:30 PM EDT