Excellon Resources Inc. is pleased to announce that the Mexican Government has officially declared mining an essential business in the Federal Registry and companies can commence the restart of operations beginning on June 1st provided that they meet established COVID-19 guidelines. At this time, the Company's Platosa and Miguel Auza operations in Mexico are preparing for a safe restart in the immediate term. "We are [...]
Excellon Resources announces the Company will postpone the filing of its interim financial statements and management's discussion and analysis for the three-month period ended March 31, 2020. The Company intends to rely on the blanket relief granted by Ontario Instrument 51-502 – Temporary Exemption from Certain Corporate Finance Requirements and comparable relief granted by other Canadian Securities Administrators in [...]
Excellon Resources Inc. reports that the United States Federal District Court for the District of Idaho has issued a decision amending its December 2019 judgment in respect of the United States Forest Service Environmental Assessment and Decision Notice/Finding of No Significant Impact for the Kilgore Project in Clark County, Idaho. The EA analyzed a proposed diamond drilling plan of operations at the Kilgore Project to [...]
Excellon Resources Inc. is pleased to announce first quarter 2020 production results from the Platosa Mine in Durango, Mexico. Q1 2020 Production Silver equivalent production of 523,742 oz Silver production increased 14% to 296,281 oz Lead production increased 37% to 1.9 million lb Zinc production decreased 4% to 2.1 million lb "We had a strong start to the year with production improving from previous quarters," stated [...]
Excellon Resources Inc. and Otis Gold Corp. are pleased to announce the successful completion of the previously-announced business combination, pursuant to which Excellon has acquired all of the issued and outstanding common shares of Otis by way of a statutory plan of arrangement under the provisions of the Business Corporations Act. The Arrangement became effective at 12:01 a.m. on April 23, 2020 resulting in Otis [...]
Excellon Resources Inc. and Otis Gold Corp. are pleased to announce they have received final approval of the British Columbia Supreme Court for their proposed business combination pursuant to a plan of arrangement . Excellon and Otis currently anticipate the closing of the Arrangement to occur on April 23, 2020 subject to the satisfaction or waiver of all conditions precedent. Under the terms of the Arrangement, Otis [...]
Excellon Resources Inc. and Otis Gold Corp. are pleased to announce that all resolutions put forth in connection with their proposed business combination to be completed by way of a plan of arrangement were overwhelmingly approved today at the special meeting of shareholders of Excellon and at the annual general and special meeting of shareholders of Otis. Highlights the Share Issuance Resolution and the Consolidation [...]
Excellon Resources Inc. announces that the Company is in the process of temporarily suspending all mining, milling and exploration activities at its Mexican operations until April 30, 2020, in accordance with the detailed Mexican Presidential Order issued on March 31st. On March 30th, Mexico declared a state of emergency and issued stricter measures, including the temporary suspension of activities deemed non-essential to [...]
In the news release, Excellon Reports 2019 Annual and Fourth Quarter Financial Results, issued 31-Mar-2020 by Excellon Resources Inc. over CNW, we are advised by the company that the second bullet point under "Agreement with Wallbridge Mining on Beschefer Property" should read "Excellon currently holds 3.5 million WM Shares valued at C$1.925 million ." The complete, corrected release follows: Excellon Reports 2019 Annual [...]
?Excellon Resources Inc. ?is pleased to report financial results for the three- and twelve-month periods ended December 31, 2019. 2019 Financial and Operational Highlights Revenues of $26.5 million Silver equivalent production of 2.0 million ounces AgEq ounces payable sold of 1.8 million ounces Mined tonnage 30% higher to 74,876 tonnes, a record for the Platosa Mine Total tonnage processed, including toll milling [...]
Excellon Resources Inc. and Otis Gold Corp. are pleased to announce that the two leading independent proxy advisory firms, Institutional Shareholder Services Inc. and Glass Lewis & Co., have each recommended that shareholders approve the proposed acquisition by Excellon of all of the issued and outstanding shares of Otis by way of a statutory plan of arrangement. Both ISS and Glass Lewis are independent, third party [...]
Excellon Resources Inc. and Otis Gold Corp. announced today that they have filed a joint management information circular, which will be mailed out to their respective shareholders' next week for the meetings to be held on April 17, 2020, in connection with the previously announced acquisition by Excellon of all of the issued and outstanding shares of Otis pursuant to a plan of arrangement under the Business Corporations [...]
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