Announcement • Mar 13
Excellon Resources Inc. announced that it has received funding from 2176423 Ontario Ltd. On March 12, 2026, Excellon Resources Inc. closed the transaction. The company issued an aggregate of 28,036,000 common shares for aggregate gross proceeds of CAD 16,821,600, which includes the partial exercise of the underwriters' option. The company also closed concurrent brokered private placement of 8,333,500 shares for additional aggregate gross proceeds of CAD 5,000,100. Announcement • Mar 03
Excellon Resources Inc. announced that it expects to receive CAD 17.9997 million in funding from 2176423 Ontario Ltd. Excellon Resources Inc. announced a bought deal private placement for issuance of 16,666,700 common shares at a price of CAD 0.60 per share for aggregate gross proceeds of CAD 10,000,020 on March 2, 2026. The company has granted the underwriters an option, exercisable in whole or in part at any time up to 48 hours prior to the closing date, to purchase up to an additional 4,999,900 shares to raise additional gross proceeds of up to CAD 2,999,940. The offering is expected to close on or about March 12, 2026, or on such other date as may be agreed to by the company and underwriter. Completion of the offering is subject to customary conditions, including, but not limited to, the receipt of all necessary regulatory approvals, including the acceptance of the TSX Venture Exchange.
On same date, the company announced that it has amended and will now issue 21,666,000 common shares at a price of CAD 0.60 for gross proceeds of CAD 12,999,600. The company also announced a concurrent brokered private placement with 2176423 Ontario Ltd., a corporation beneficially owned by Eric Sprott, pursuant to which the Company will sell an additional 8,333,500 Common Shares at the Offering Price of CAD 0.60 per share for additional aggregate gross proceeds to the Company of CAD 5,000,100; aggregate gross proceeds of CAD 17,999,700. Announcement • Feb 26
Excellon Resources Inc. Increases Indicated Silver Mineral Resource by over 500% for the Mallay Mine Excellon Resources Inc. announced its first independent Mineral Resource Estimate ("MRE") for the Mallay Silver-Lead-Zinc Mine ("Mallay" or the "Project") in central Peru, prepared by SGS Canada (Geological Services). Excellon acquired Mallay as a modern, fully permitted past-producing underground mine with a 600 tpd processing facility first commissioned in 2012, supported by an extensive drilling and operating database generated during Buenaventura's ownership. The new MRE establishes a compliant, higher-confidence inventory to underpin staged restart planning while Excellon advances new upside targets through ongoing drilling that is not reflected in the MRE. The estimate reflects Excellon's work to consolidate historical drill and mine channel-sample data previously used for reserve estimation by the prior operator, and to generate a current Mineral Resource through geological reinterpretation and 3D modelling in accordance with CIM Best Practice Guidelines and NI 43-101 disclosure standards. Highlights: Mineral Resources are reported at a base cut-off grade of 120 g/t silver equivalent ("AgEq") based on assumed metal prices, recoveries and costs: Indicated Mineral Resources: 890,000 tonnes grading 195 g/t silver, 3.33% lead, and 4.83% zinc. The Indicated mineral resource includes 5.57 Moz of silver, 65 Mlbs of lead, and 95 Mlbs of zinc. Inferred Mineral Resources: 362,000 tonnes grading 149 g/t silver, 2.67% lead, and 4.32% zinc. The Inferred mineral resource includes 1.74 Moz of silver, 21 Mlbs of lead, and 34 Mlbs of zinc. Mineral Resource (AgEq): 12.01 Moz grading 420 g/t Indicated and 4.00 Moz grading 344 g/t Inferred. High confidence dataset underpinning MRE: The estimate is based on extensive historical drilling and operating data, including 166,420 m of drilling and 22,740 m of channel samples, supported by mine mapping and mined-out wireframes to exclude depleted areas. No new drilling has yet been integrated into the MRE. Material silver growth vs. historical inventory at comparable Ag grades: The NI 43-101 MRE outlines a materially larger Indicated silver inventory than the end-2018 historical Isguiz inventory, at broadly comparable silver grades. Near-term growth catalysts not included in the current MRE: A 10,000-metre infill and extension program is underway to improve confidence for mine planning and test near-mine extensions, where Isguiz mineralized zones appear to be widening. In parallel, Excellon is prioritizing the Footwall Zone (calc-silicate mineralization, locally 3-8 m widths, identified over a 330 m high by 500 m along strike), and the Shafra Zone gold-silver area. Announcement • Sep 29
Excellon Resources Inc., Annual General Meeting, Nov 18, 2025 Excellon Resources Inc., Annual General Meeting, Nov 18, 2025. Announcement • Sep 09
Excellon Resources Inc. announced that it has received CAD 8 million in funding from 2176423 Ontario Ltd. and other investors On September 9, 2025, Excellon Resources Inc. closed the transaction. The company issued 55,000,000 common shares at an issue price of CAD 0.20 for gross proceeds of CAD 11,000,000. The company issued additional 5,000,000 common shares at an issue price of CAD 0.20 for gross proceeds of CAD 1,000,000 to agents. The company issued total 60,000,000 common shares at issue price of CAD 0.20 for gross proceeds of CAD 12,000,000, which includes the full exercise of the agents' option. The offered shares were also offered in the United States. As consideration for their services, the company paid the agents aggregate cash fees of CAD 684,000. The offering is subject to final acceptance of the TSX Venture Exchange. Eric Sprott,, through 2176423 Ontario Ltd., a corporation that is beneficially owned by him, subscribed for 10,000,000 offered shares under the offering. Announcement • Aug 26
Excellon Resources Inc. announced that it expects to receive CAD 8 million in funding Excellon Resources Inc. announce that it has entered into an agreement with Red Cloud Securities Inc. pursuant to which Red Cloud and Velocity Trade Capital Ltd. will act as co-lead agents and joint bookrunners on behalf of a syndicate of agents (the "Agents") in connection with a "best efforts" private placement of up to 40,000,000 common shares in the capital of the Company at a price of CAD 0.20 per Offered Share for aggregate gross proceeds to the Company of up to CAD 8,000,000 on August 26, 2025. The Agents will have an option, exercisable in whole or in part up to 48 hours prior to the Closing Date, to sell up to an additional 5,000,000 Offered Shares at the Offering Price to raise up to an additional CAD 1,000,000 in gross proceeds. The Offering is anticipated to close on or about September 9, 2025 or such other date as the Company and Red Cloud may agree . Completion of the Offering is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory approvals, including the acceptance of the TSX Venture Exchange. Announcement • Jul 06
Excellon Resources Inc. Appoints Mike Hoffman to Board of Directors, Effective Immediately Excellon Resources Inc. announced the appointment of Mr. Mike Hoffman, P.Eng., ICD.D, to its Board of Directors, effective immediately. Mr. Hoffman, P.Eng., ICD.D, brings over 35 years of international mining experience spanning engineering, mine operations, corporate development and project execution. He currently serves as Chair and Director of NiCan Limited, and as a Director of 1911 Gold Corporation, Volta Metals Inc. and Fury Gold Mines Limited. He also previously served on the board of Silver X Mining, a Peruvian silver producer, where he chaired the Technical Committee. Mr. Hoffman has held CEO roles at Crocodile Gold, Crowflight Minerals and Kria Resources, leading the development, financing and operation of multiple mining assets. Mr. Hoffman played key roles in the development of major Latin American projects, including Antamina in Peru and Spence in Chile. His broader experience includes senior positions with Goldcorp, Yamana and Desert Sun Mining, where he worked across both underground and open-pit operations in the Americas. He holds a Bachelor of Applied Science in Mining Engineering from Queen's University, is a licensed Professional Engineer in Ontario, and holds the ICD.D designation from the Institute of Corporate Directors. The appointment of Mr. Hoffman as a director of the Company remains subject to acceptance of the TSX Venture Exchange. Announcement • May 15
Excellon Resources Inc. announced that it has received CAD 8 million in funding from 2176423 Ontario Ltd. and other investors On May 14, 2025, Excellon Resources Inc., closed the transaction. The company issued 76,190,477 units at a price of CAD 0.105 per unit for the gross proceeds of CAD 8,000,000.085 in the transaction. Each unit consisted of one common share of the company and one-half of one common share purchase warrant of the company. Each warrant will entitle the holder thereof to purchase one common share at a price of 15 cents per warrant share at any time on or before May 14, 2028. As a part of the transaction, the company paid CAD 456,000 as agents cash commissions and advisory fees. The company issued the Agents an aggregate of 4,361,642 non-transferable broker warrants of the company. The company also issued 578,750 common shares to 2743708 Ontario Inc., an arm's length finder, in connection with the offering. The transaction included participation from 2176423 Ontario Ltd. acquiring 15,238,100 units for the gross proceeds of CAD 1,600,000.5. Announcement • Apr 22
Excellon Resources Inc. Announces Receipt of Statement of Claim Excellon Resources Inc. announced that it has received a statement of claim in which it has been named as a defendant in an action commenced by Javier Martinez Lomas in the Ontario Superior Court of Justice, related to prior litigation against a former indirect Mexican subsidiary of Excellon. The plaintiff is seeking, among other things, damages in the amount of approximately USD 23 million. The claim arises from a prior dispute in Mexico involving a former subsidiary of Excellon that operated independently under Mexican law. The matter was fully litigated in the Mexican courts, where due process was followed, and the matter was believed to be resolved. The Company believes that the lawsuit is an opportunistic attempt to relitigate a dispute that has already been addressed under Mexican law. Excellon believes that the claims in the action are without merit, and will take all appropriate steps to defend the action and dismiss the claim. Announcement • Apr 16
Excellon Resources Inc. announced that it expects to receive CAD 5 million in funding Excellon Resources Inc. announced that it has entered into an agreement with Red Cloud Securities Inc. in connection with a best efforts private placement to issue up to 47,619,048 units of the Company at a price of CAD 0.105 per unit for the gross proceeds of up to CAD 5,000,000.04 on April 15, 2025. Eric Sprott has made a lead order to subscribe for Units under the Offering. Each Unit will consist of one common share of the Company and one-half of one common share purchase warrant. Each Warrant shall entitle the holder to purchase one common share of the Company at a price of CAD 0.15 per Warrant Share at any time on or before the date which is 36 months after the Closing Date. The Agents will have an option, exercisable in full or in part, up to 48 hours prior to the Closing Date, to sell up to an additional 7,142,857 Units at the Offering Price for up to an additional CAD 750,000 in gross proceeds. The Offering is anticipated to close on or about April 30, 2025, or such other date as the Company and the Agents may agree. Completion of the Offering is subject to certain conditions including, but not limited to, listing of the common shares of the Company on the TSX Venture Exchange, and the receipt of all necessary regulatory and other approvals for the Offering, including the acceptance of the TSXV. The securities to be issued pursuant to the Offering to purchasers in Canada will be subject to a four month hold period in Canada pursuant to applicable Canadian securities laws. Announcement • Nov 01
Excellon Resources Inc. announced that it expects to receive CAD 2.0475 million in funding Excellon Resources Inc. that it has entered into agreements with respect to a non-brokered private placement offering of 19,500,000 units at a price of CAD 0.105 for gross proceeds of CAD 2,047,500 on October 31, 2024. Each Unit will be comprised of one Common Share and one half of one common share purchase warrant of the Company. Each Warrant will entitle the holder thereof to acquire one Common Share at a price of CAD 0.15 per Common Share for a period of 24 months from the closing date of the Unit Offering. The Unit Offering is anticipated to close on or about November 8, 2024, and is subject to satisfaction of certain conditions, including, but not limited to, the receipt of all necessary regulatory and other approvals, including the approval of the Toronto Stock Exchange. Announcement • May 16
Excellon Resources Inc. announced that it has received CAD 1.324194 million in funding On May 15, 2024, Excellon Resources Inc. closed the transaction. The company issued 3,414,555 Units at a price of CAD 0.18 per unit for the gross proceeds of CAD 614,619.9 in final tranche. Under the Offering, the Company sold a total of 7,356,632 Units at a price of CAD 0.18 per Unit for aggregate gross proceeds to the Company of approximately CAD 1,324,193.76. The Offering remains subject to the final approval of the Toronto Stock Exchange. In connection with the closing of all tranches of the Offering, the Company paid cash finder's fees in the aggregate amount of approximately CAD 43,598 and issued a total of 104,210 non-transferable finder's warrants on the same terms as the Warrants to certain arm's length parties in consideration of Units sold to subscribers introduced by such parties. Announcement • May 03
Excellon Resources Inc., Annual General Meeting, Jun 28, 2024 Excellon Resources Inc., Annual General Meeting, Jun 28, 2024. Announcement • Sep 14
Excellon Resources Inc., Annual General Meeting, Nov 07, 2023 Excellon Resources Inc., Annual General Meeting, Nov 07, 2023.