Excellon Resources Inc. is pleased to report that shareholders voted in favour of all items of business, including the election of directors at the 2020 Annual Meeting held on August 13, 2020. Detailed results from the election of directors are set out below: Director Votes For % For Votes Withheld % Withheld Brendan Cahill 24,174,637 98.79 [...]
Excellon Resources Inc. is pleased to report financial results for the three- and six-month periods ended June 30, 2020. Q2 2020 Financial and Operational Highlights Successful close of the plan of arrangement with Otis Gold Corp. in late April 2020 Mining and milling operations resumed from mid-June 2020 following suspension imposed by the [...]
Excellon Resources will be hosting its 2020 Annual Meeting at its corporate offices at 10 King Street East, Suite 200, Toronto, Ontario on Thursday, the 13th day of August, 2020 at 4:00 p.m. Rather than attending in person, the Company strongly encourages Shareholders to attend the meeting virtually by registering. Shareholders can access [...]
Excellon Resources is pleased to provide an update on the Oakley Project, on which the Company has granted Centerra Inc. an option to earn up a 70% by, among other things, spending up to US$7 million in exploration expenditures on the project prior to May 2026. Highlights Increased land holdings by approximately 2,500 acres to approximately 7,000 [...]
Excellon Resources and is pleased to announce the closing of the previously announced private placement of secured convertible debentures for total proceeds of C$17,910,000. The proceeds will be used for repayment of the US$6 million bridge loan with Sprott Private Resource Lending II, LP entered into in connection with the acquisition of Otis Gold [...]
Excellon Resources Inc. and is pleased to announce that due to significant demand from existing investors, it has increased to C$15,000,000 the previously announced private placement of secured convertible debentures . The proceeds will be used for repayment of the US$6 million bridge loan with Sprott Private Resource Lending II, LP entered into in [...]
Excellon Resources and is pleased to announce that an initial 15-hole diamond drilling program has commenced on the 164 km2 Silver City Project in Saxony, Germany. "We are targeting significant widths of high-grade silver in an epithermal silver district that was mined for over 750 years, but has never seen modern day exploration for precious [...]
Excellon Resources Inc. and is pleased to announce that it has signed a binding term sheet for a fully subscribed financing of C$8,000,000 through the private placement of secured convertible debentures of the Company. The proceeds will be used to repay the US$6 million bridge loan with Sprott Private Resource Lending II, LP entered into in [...]
Excellon Resources and is pleased to announce that the drilling operation plan for the Silver City Project in Saxony, Germany has been approved by the Mining Authority of Saxony. Highlights Approval received for initial drill program of 15 holes totaling 2,500 metres – drilling is expected to commence before the end of June Additional 12 holes [...]
Excellon Resources Inc. is pleased to announce an agreement with the Helmholtz Institute Freiberg for Resource Technology for research and development on the 164 km2 Silver City Project in Saxony, Germany. Excellon will provide HIF with data and drill core samples from the Silver City Project through which HIF can test developing, cutting-edge [...]
Excellon Resources is pleased to report financial results for the three-month period ended March 31, 2020. Q1 2020 Financial and Operational Highlights Revenues of $6.6 million Production of 523,742 silver equivalent ounces AgEq ounces payable sold of 434,190 Gross loss of $0.1 million Total cash cost net of byproducts per Ag oz payable of $15.35 [...]
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 [...]
