Excellon Resources Inc. announces that, further to its news release dated July 24, 2023, it has completed the extension of the maturity date of its 5.75% secured convertible 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 priced at C$0.156 per Common [...]
Excellon Resources Inc. is pleased to announce that the Company has entered into a binding term sheet with holders representing over 662/3% of the principal amount of the outstanding 5.75% secured convertible debentures of the Company to reduce the outstanding principal amount to C$7.5 million, representing a 58% reduction in principal, and to [...]
Sells Interest in Oakley Project for US$1 Million Cash Update on Convertible Debenture Restructuring and Asset Portfolio Excellon Resources Inc. is pleased to announce that Excellon Idaho Gold Inc. , a wholly-owned subsidiary of Excellon, has entered into a definitive agreement with Centerra Inc. , a wholly-owned subsidiary of Centerra Gold Inc. to [...]
Excellon Resources Inc. is pleased to announce that a U.S. District Court ruled in support of the United States Forest Service authorization of Excellon's Plan of Operations for the Kilgore Gold Project to conduct mineral exploration activities in the Dubois Ranger District, Clark County, Idaho. "We are pleased with this decision and look forward [...]
Excellon Resources Inc. is pleased to announce that it has entered into a binding agreement with holders of greater than 662/3% of its outstanding 5.75% secured convertible debentures in the aggregate principal amount of C$17,910,000 to extend the maturity date of the Convertible Debentures by 367 days from July 30, 2023 to July 31, 2024 . The [...]
Announces Termination of La Negra Acquisition Excellon Resources Inc. is providing the following updates: Termination of the La Negra Acquisition Earlier today, the Company unexpectedly received a notice of termination of the previously announced acquisition of the La Negra project from the seller, Dalu S.à r.l., an entity owned by an investment [...]
TORONTO, July 20, 2023 /CNW/ - The following issues have been halted by CIRO: Company: Excellon Resources Inc. TSX Symbol: EXN All Issues: Yes Reason: Pending News Halt Time : 11:39 AM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and [...]
Excellon Resources Inc. is providing an update regarding its previously announced proposed acquisition of the past-producing La Negra Mine in Queretaro, Mexico and related transactions. Shawn Howarth, President and CEO, commented: "We continue to advance our proposed acquisition of La Negra, though recent market conditions have made the associated [...]
Excellon Resources Inc. reports financial results and corporate highlights for the three months ended March 31, 2023. Q1 2023 Highlights Announced acquisition of the past-producing La Negra mine in Querétaro, Mexico.a Fully permitted mine with established infrastructure and historical payable production averaging +3.0 million silver-equivalent [...]
/Not for distribution to United States news wire services or for dissemination in the United States/ Excellon Resources Inc. is pleased to announce a non-brokered private placement of up to 28,571,428 subscription receipts of the Company at a price of C$0.35 per Subscription Receipt for aggregate gross proceeds to the Company of up to approximately [...]
Excellon Resources Inc. is pleased to announce the reversal of a US$22 million liability from its March 31, 2023 consolidated balance sheet, relating to the previously disclosed judgment against one of the Company's subsidiaries in Mexico. "The announcement today effectively removes a US$22 million overhang that has been with the Company since [...]
Excellon Resources Inc. is pleased to report financial results for the three- and twelve-month periods ended December 31, 2022. 2022 Financial and Operational Highlights Identified remnants, pillars and stopes which extended Platosa production into October 2022. Safely wound down operations at Platosa and Miguel Auza in Q4 2022, and transitioned to [...]
