EXCELLON RESOURCES INC - EXNRF STOCK NEWS

Welcome to our dedicated page for EXCELLON RESOURCES news (Ticker: EXNRF), a resource for investors and traders seeking the latest updates and insights on EXCELLON RESOURCES stock.

EXCELLON RESOURCES INC (symbol: EXNRF) is a leading mining company with its 100%-owned Platosa Mine in Durango, Mexico, known as Mexico's highest-grade silver mine since 2005. The company focuses on optimizing production costs and profiles at the Platosa Mine, discovering high-grade silver and CRD mineralization on the Platosa Project, and seizing undervalued projects in Latin America. Excellon aims to acquire advanced development or producing assets under an experienced management team to benefit employees, communities, and shareholders. Their portfolio includes the Kilgore gold exploration project in Idaho and the Silver City high-grade silver district in Saxony, Germany.

06/28/2024 04:00 PM

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Excellon Announces Results of 2024 Annual Meeting

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Excellon Resources announced the results of its 2024 Annual Meeting held on June 28, 2024. Shareholders voted in favor of all business items, including the election of directors and the appointment of Ernst & Young LLP as auditors. Directors elected include Shawn Howarth, Laurence Curtis, Craig Lindsay, Brendan Cahill, and Gerhard Merkel. The election of Merkel is subject to TSX approval. Detailed voting results show high support for the nominees, with votes ranging from 88.95% to 99.34% in favor. The formal voting report will be available on SEDAR+.

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05/07/2024 07:30 AM

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Excellon Drills 1.37 g/t Gold over 81.2 Metres Including 2.77 g/t Gold over 15.6 Metres at Kilgore Project

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Excellon Resources Inc. announced drill results from the 2022 exploration program at its Kilgore Project in Idaho, USA, with highlights including 1.37 g/t Au over 81.21 meters, confirming high-grade mineralization. The results will aid in future resource and geological modeling to refine targets.

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03/28/2024 06:28 PM

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Excellon Closes Debenture Restructuring

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Excellon Resources Inc. successfully closed a restructuring of its 5.75% secured convertible debentures, reducing the outstanding principal amount by 58%. The company repurchased C$10,410,000 aggregate principal amount of debentures from holders in exchange for common shares, contingent value rights, royalty on Kilgore Project, and interest in Saxony Silver Corp. Additionally, the remaining C$7.5 million aggregate principal amount of debentures had its terms amended, including an extension of maturity date, decrease in conversion price, and increase in interest rate.

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01/10/2024 08:00 AM

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Excellon Provides Corporate Update and Outlook for 2024

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Excellon Resources Inc. (TSX: EXN) (OTCQB: EXNRF) (FSE: E4X2) provided a 'Year in Review' and corporate update, highlighting the elimination of a US$22 million litigation liability, restructuring of 5.75% secured convertible debentures, positive U.S. District Court ruling for exploration activities in Idaho, and license extensions at Silver City. The company's President and CEO, Shawn Howarth, emphasized the resilience of Excellon and the focus on high-quality exploration at Kilgore and Silver City, with a renewed strategy to advance precious metals resource growth in favorable jurisdictions.

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11/24/2023 12:58 PM

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Excellon Announces Results of 2023 Annual and Special Meeting

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Excellon Resources Inc. (EXN) reported that shareholders voted in favor of all items of business at the 2023 Annual and Special Meeting of Shareholders. The proposed debenture restructuring was approved, allowing the company to focus on longer-term growth and equity recovery. Detailed voting results for the election of directors and other items of business are provided. The formal report on voting results will be filed under the Company's profile on SEDAR+ at www.sedarplus.ca.

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10/26/2023 07:00 PM

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Excellon Announces New Annual and Special Meeting Date

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Excellon Resources Inc. has rescheduled its annual and special meeting of shareholders from November 7, 2023 to November 23, 2023. Shareholders will vote on the proposed restructuring of the Company's 5.75% secured convertible debentures.

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10/19/2023 07:00 AM

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Excellon Closes Sale of Oakley

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Excellon Resources sells minority interest in Oakley Project to Centerra for $1 million in cash.

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10/03/2023 07:00 AM

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Excellon Completes Debenture Extension and Provides Corporate Update

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Excellon Resources Inc. extends maturity date of convertible debentures and issues common shares as extension fee.

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09/21/2023 07:00 AM

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Excellon Announces Debenture Restructuring

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Excellon Resources announces binding term sheet with Debentureholders to reduce outstanding principal amount of Debentures to C$7.5 million, representing a 58% reduction in principal, and extend maturity date to August 31, 2026. No cash repayment required. Interest payable at 6.5% in cash or 10% in shares. Positive alignment with shareholders for future equity growth.

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08/30/2023 07:00 AM

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Excellon Announces Sale of Interest in Non-Core Oakley Project and Provides Corporate Update

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Excellon Resources sells remaining interest in Oakley Project for US$1 million in cash, providing liquidity. Continuing discussions with debentureholders on potential restructuring. Updates on Kilgore Project and Silver City exploration. Assessing strategic options for Mexico operations. Extension granted for annual meeting of shareholders.

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FAQ

What is the current stock price of EXCELLON RESOURCES (EXNRF)?

The current stock price of EXCELLON RESOURCES (EXNRF) is $0.073 as of October 15, 2024.

What is the market cap of EXCELLON RESOURCES (EXNRF)?

The market cap of EXCELLON RESOURCES (EXNRF) is approximately 8.2M.

Where is EXCELLON RESOURCES INC located?

EXCELLON RESOURCES INC is located in Toronto, Ontario.

What is the core business of EXCELLON RESOURCES INC?

The core business of EXCELLON RESOURCES INC is mining with a focus on high-grade silver and CRD mineralization.

What are the key projects of EXCELLON RESOURCES INC?

EXCELLON RESOURCES INC is currently focused on optimizing the Platosa Mine in Durango, Mexico, discovering high-grade silver on the Platosa Project, and exploring the Kilgore gold project in Idaho.

How does EXCELLON RESOURCES INC benefit its stakeholders?

EXCELLON RESOURCES INC aims to benefit its employees, communities, and shareholders by acquiring advanced development or producing assets under an experienced management team.

What are the recent achievements of EXCELLON RESOURCES INC?

Recent achievements of EXCELLON RESOURCES INC include confirming high-grade mineralization at the Platosa Mine, extending mineralization at Kilgore, and securing undervalued projects in Latin America.