TORONTO, Dec. 5, 2019 /CNW/ - Excellon Resources Inc. is providing an update to shareholders on the previously disclosed ongoing legal action in Mexico in respect of the La Antigua mineral concession that is part of the Evolución Property in Zacatecas. La Antigua was included in Excellon's acquisition of Silver Eagle Mines Inc. in 2009, which includes a portion of the historic [...]
Excellon Resources Inc. is pleased to report financial results for the three- and nine-month periods ended September 30, 2019. Q3 2019 Financial Highlights Revenues of $5.9 million Silver equivalent production of 427,131 ounces AgEq ounces payable sold of 370,376 Mined tonnage 39% higher in 9-mos 2019 relative to 9-mos 2018 Gross loss of $0.9 million Total cash cost per Ag oz payable of $18.18 All-in sustaining cost net [...]
Excellon Resources Inc. announces the resignation of Denis Flood from his position of Vice President Technical Services. About Excellon Excellon's 100%-owned Platosa Mine has been Mexico's highest-grade silver mine since production commenced in 2005. The Company is focused on optimizing Platosa's cost and production profile, discovering further high-grade silver and carbonate replacement deposit mineralization on the [...]
Excellon Resources Inc. is pleased to announce third quarter 2019 production results from the Platosa Mine in Durango, Mexico. Q3 2019 Production Silver equivalent production of 427,131 oz Silver production of 257,497 oz Lead production of 1.3 million lb Zinc production of 1.7 million lb "We are ahead of where we were after three quarters in 2018, despite lower base metal prices, but we continue to have further work to [...]
TORONTO, Sept. 24, 2019 /CNW/ - Excellon Resources Inc. is pleased to announce that it has entered into an agreement with Globex Mining Enterprises Inc. for the option to acquire a 100% interest in the Silver City Project , a 164 km2 silver district in Saxony, Germany. The Silver City Project is located within a large, high-grade epithermal system and has a long history of mining dating back to the 12th century, with no [...]
DISSEMTORONTO, Aug. 27, 2019 /CNW/ - Excellon Resources Inc. is pleased to announce that it has closed its previously announced bought deal public offering of 10,925,000 units , including 1,425,000 Units issued upon full exercise of the over-allotment option, at a price of $1.06 per Unit for aggregate gross proceeds of approximately $11.5 million . The [...]
DISSEMExcellon Resources Inc. is pleased to announce that it has entered into an agreement with Cormark Securities Inc. as sole bookrunner and 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, 9,500,000 units of the Company at a price of $1.06 per Unit for gross proceeds to the Company of [...]
Excellon Resources Inc. is pleased to report financial results for the three- and six-month periods ended June 30, 2019. Q2 2019 Financial Highlights All-in sustaining cost per Ag oz payable excluding non-cash items of $16.11 versus $21.97 in Q1 2019 Strong revenue of $8.7 million despite lower metal prices Silver equivalent production of 582,937 ounces AgEq ounces payable sold of 660,292 Mined tonnage 30% higher in H1 [...]
Excellon Resources Inc. is pleased to announce second quarter 2019 production results from the Platosa Mine in Durango, Mexico. Q2 2019 Production Silver equivalent production of 582,937 oz Silver production of 276,805 oz Lead production of 1.8 million lb Zinc production of 2.5 million lb Mined tonnage in H1 2019 30% higher than H1 2018 "We had another strong quarter of production despite significantly lower metal prices [...]
TORONTO, June 17, 2019 /CNW/ - Excellon Resources Inc. is pleased to announce the appointment of Ms. Anna Ladd-Kruger as Chief Financial Officer and Vice President Corporate Development effective June 26, 2019. Ms. Ladd-Kruger is an accomplished finance executive with 20 years of global experience in building and managing accounting systems, improving financial [...]
Excellon Resources Inc. announces the resignation of Rupy Dhadwar from his position of Chief Financial Officer. "On behalf of the Board and Management team at Excellon, I would like to thank Mr. Dhadwar for his positive contributions over the past years as we tackled numerous challenges, from operational to market conditions, while continuing to improve and advance the Company's business. We all wish him very well in [...]
Excellon Resources Inc. is pleased to report that shareholders voted in favour of all items of business, including the election of directors at the 2019 Annual Meeting held on May 9, 2019. Detailed results from the election of directors are set out below: Director Votes For % For Votes Withheld % Withheld André Fortier 27,952,409 99.40% 168,349 0.60% Alan McFarland 27,952,965 99.40% 167,793 0.60% Brendan Cahill [...]