Excellon Resources Inc.

0.1

Canada & Ontario Toronto

20 Victoria Street, Suite 900

+1 416 364-1130

www.excellonresources.com

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Company Press Releases

Excellon Announces Closing of Debt Settlement

Toronto, Ontario--(Newsfile Corp. - September 18, 2025) - Excellon Resources Inc. (TSXV: EXN) (OTC Pink: EXNRF) (FSE: E4X2) ("Excellon" or the "Company") is pleased to announce that, further to its news release dated July 3, 2025, it has closed a debt settlement transaction (the "Debt Settlement") with an arm's length creditor of the Company pursuant to which the Company settled approximately C$546,000 of indebtedness by issuing 2,427,917 common shares of the Company (the "Common Shares") at a deemed price of C$0.225 per Common Share.The Debt Settlement is subject to final acceptance of the TS...

Excellon Announces Closing of Brokered Private Placement of Common Shares for Gross Proceeds of C$12 Million, Including Full Exercise of the Agents' Option

Toronto, Ontario--(Newsfile Corp. - September 9, 2025) - Excellon Resources Inc. (TSXV: EXN) (OTC Pink: EXNRF) (FSE: E4X2) ("Excellon" or the "Company") is pleased to announce the closing of its previously announced "best efforts" private placement (the "Offering") for aggregate gross proceeds to the Company of C$12,000,000, which includes the full exercise of the agents' option. Pursuant to the Offering, the Company sold an aggregate of 60,000,000 common shares in the capital of the Company (the "Offered Shares") at a price of C$0.20 per Offered Share. Red Cloud Securities Inc. and Velocity C...

Excellon Announces Brokered Private Placement of Common Shares for Gross Proceeds of up to C$8 Million

Toronto, Ontario--(Newsfile Corp. - August 26, 2025) - Excellon Resources Inc. (TSXV: EXN) (OTC Pink: EXNRF) (FSE: E4X2) ("Excellon" or the "Company") is pleased to announce that it has entered into an agreement with Red Cloud Securities Inc. ("Red Cloud") 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 (the "Offering") of up to 40,000,000 common shares in the capital of the Company (the "Offered Shares") at a price of C$0.20...

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