Excellon Resources Inc.

0.175

Canada & Ontario Toronto

20 Victoria Street, Suite 900

+1 416 364-1130

www.excellonresources.com

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Company Press Releases

Excellon Closes First Tranche of Private Placement of Units

Toronto, Ontario--(Newsfile Corp. - April 15, 2024) - Excellon Resources Inc. (TSX: EXN) (OTCQB: EXNRF) (FSE: E4X2) ("Excellon" or the "Company") 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 (the "Offering") of units of the Company ("Units") 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 the closing of the first tra...

Excellon Announces up to $1.35 Million Non-Brokered Private Placement Offering of Units

Toronto, Ontario--(Newsfile Corp. - April 4, 2024) - Excellon Resources Inc. (TSX: EXN) (OTCQB: EXNRF) (FSE: E4X2) ("Excellon" or the "Company") is pleased to announce a non-brokered private placement offering (the "Offering") of up to 7,500,000 units of the Company (the "Units") 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 (each, a "Common Share") and one common share purchase warrant of the Company (each, a "Warrant"). Each Warrant will entitle the holder thereof...

Excellon Closes Debenture Restructuring

Toronto, Ontario--(Newsfile Corp. - March 28, 2024) - Excellon Resources Inc. (TSX: EXN) (OTCQB: EXNRF) (FSE: E4X2) ("Excellon" or the "Company") is pleased to announce that it has closed its previously announced restructuring of the outstanding 5.75% secured convertible debentures of the Company (the "Debentures") 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 (collectively, the "Debenture Restructuring").Shawn Howarth, President and CEO, commented, "The Debenture Rest...

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