Excellon Resources Inc.

Eric Sprott announces that on December 3, 2024, 2176423 Ontario Ltd., a corporation beneficially owned by him, acquired 1,500,000 Units of the Excellon Resources Inc. through a private placement, at $0.105 per Unit for total consideration of $157,500. Each Unit consists of one common share and one-half of one Share purchase warrant , with each whole Warrant entitling the holder to acquire one Share at $0.15 for 24 months [...]

Excellon Resources Inc. 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 announced, the Company arranged a [...]

Excellon Resources Inc. is pleased to announce that it has entered into a share purchase agreement with Adar Mining Corp. to acquire , subject to the satisfaction of certain conditions, all of the issued and outstanding shares in the capital of Minera CRC S.A.C. , which holds a 100% interest in the Mallay Property, including the past producing Mallay Silver Mine and the Tres Cerros Exploration Property, in Peru. Pursuant [...]

Excellon Resources Inc. 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 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 election of directors are set out below: Director For % For Withheld [...]

Excellon Resources Inc. 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 of units of the Company , pursuant to which the Company sold an additional 3,414,555 Units at a price of $0.18 per Unit for additional aggregate gross proceeds to the Company of approximately [...]

Excellon Resources CEO Shawn Howarth joined Steve Darling from Proactive to discuss the latest drilling outcomes from the exploration program at the Kilgore Project in Idaho, which is entirely owned by Excellon. The exploration comprised six diamond drill holes, spanning a total of 2,145 meters, with oriented cores and detailed sampling aimed at enhancing the structural understanding and potential of high-grade [...]

Excellon Resources Inc. is pleased to announce further drill results from the 2022 exploration program at its 100% owned Kilgore Project 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 sediments. 0.53 g/t Au over 56.24 metres in [...]

Excellon Resources Inc. 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 of units of the Company for aggregate gross proceeds to the Company of approximately $709,574. The Company expects to close a second and final tranche of the Offering prior to the end of April 2024. Pursuant to [...]

Excellon Resources Inc. is pleased to announce a non-brokered private placement offering of up to 7,500,000 units of the Company 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 and one common share purchase warrant of the Company . Each Warrant will entitle the holder thereof to acquire one Common [...]

Excellon Resources Inc. is pleased to announce that it has closed its previously announced restructuring of the outstanding 5.75% secured convertible debentures of the Company 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 . Shawn Howarth, President and CEO, commented, "The Debenture Restructuring [...]