TORONTO, May 11, 2018 /CNW/ - Excellon Resources Inc. is pleased to report that shareholders voted in favour of all items of business, including the election of directors at the 2018 Annual and Special Meeting held on May 10, 2018. Detailed results from the election of directors are set out below: Director Votes For % For Votes Withheld % Withheld André Y. Fortier 30,844,546 99.67% 103,548 0.33% Alan R. McFarland [...]
TORONTO, May 10, 2018 /CNW/ - Excellon Resources Inc. is pleased to report financial results for the three-month period ended March 31, 2018. Q1 2018 Financial Highlights Revenue increased 73% to $5.9 million Production more than doubled to 482,079 silver equivalent ounces Sales increased 88% to 406,995 AgEq ounces payable Gross profit of $0.7 million Total cash cost [...]
TORONTO, April 19, 2018 /CNW/ - Excellon Resources Inc. is pleased to announce first quarter 2018 production results from the Platosa Mine in Durango, Mexico. Highlights Q1 2018 Production Silver equivalent production more than doubled to 482,079 AgEq oz Silver production increased 80% to 194,462 oz Lead production increased 109% to 1.3 million lb Zinc production increased 158% to 2.3 million lb C$0.65 warrants exercised [...]
TORONTO, March 22, 2018 /CNW/ - Excellon Resources Inc. is pleased to report financial results for the three- and twelve-month periods ended December 31, 2017. 2017 Financial and Operational Highlights Completion of Optimization Plan resulting in dry mining conditions with two consecutive quarters of increased production and lower costs Underground drilling [...]
TORONTO, Feb. 26, 2018 /CNW/ - Excellon Resources Inc. is pleased to announce that it has entered into an agreement with Hecla Mining Company to toll mill sulphide ore from Hecla's San Sebastian mine in Durango at Excellon's processing facility in Miguel Auza, Zacatecas . Highlights Toll milling arrangement expected to commence in 2019 following successful completion of 4,000 tonne bulk sample testing program at Miguel [...]
TORONTO, Feb. 22, 2018 /CNW/ - Excellon Resources Inc. is pleased to announce results from its ongoing underground exploration program at the Platosa Mine in Durango, Mexico. Highlights Further definition and expansion of the high-grade 623 manto, with diamond drilling results including: 1,192 g/t Ag, 13.2% Pb and 18.3% Zn or 2,648 g/t silver equivalent over 9.1 metres in EX17UG371, including 1,473 g/t Ag, 14.8% Pb and [...]
TORONTO, Jan. 22, 2018 /CNW/ - Excellon Resources Inc. is pleased to announce fourth quarter and annual 2017 production results from the Platosa Mine, Durango, Mexico. Highlights 2017 Production Silver equivalent production of 1.5 million oz Silver production of 718,460 oz Lead production of 4.2 million lb Zinc production of 6.1 million lb Q4 2017 Production Silver equivalent production of 475,007 oz Silver production of [...]
TORONTO, Dec. 14, 2017 /CNW/ - Excellon Resources Inc. is pleased to announce the commencement of an extensive surface exploration program on the 21,000-hectare Platosa Property in Durango, Mexico targeting further extensions to the Platosa Mine system and new manto and skarn discoveries. The program is planned to include: 30,000 metres of diamond drilling to: define [...]
/STATES./ TORONTO, Nov. 9, 2017 /CNW/ - Excellon Resources Inc. is pleased to announce that it has closed its previously announced bought deal public offering of 7,393,750 units , including 768,750 Units issued upon partial exercise of the over-allotment option, at a price of $2.00 per Unit for aggregate gross proceeds of approximately $14.8 million . The Offering was underwritten by Cantor Fitzgerald Canada Corporation [...]
Excellon Resources Inc. is pleased to report financial results for the three and nine-month periods ended September 30, 2017. Q3 2017 Financial and Operational Highlights Revenue increased 77% to $7.1 million Production increased 96% to 500,763 silver equivalent ounces Sales increased 95% to 443,921 AgEq ounces payable Mine operating earnings of $1.5 million Production cost per tonne reduced by 30% to $208 Total cash cost [...]
Excellon Resources is pleased to announce that in connection with its previously announced public offering of units at a price of $2.00 per Unit, it has amended its agreement with Cantor Fitzgerald Canada, together with PI Financial as co-lead underwriter, on its own behalf and on behalf of a syndicate of underwriters, to increase the amount of the bought deal offering to 6,625,000 units for gross proceeds to the Company [...]
Excellon Resources Inc. is pleased to announce that it has entered into an agreement with Cantor Fitzgerald Canada Corporation as sole bookrunner and together with PI Financial Corp. as co-lead underwriter, on its own behalf and on behalf of a syndicate of underwriters , pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, 5,000,000 units of the Company at a price of $2.00 per Unit for gross [...]