Excellon Announces Upsize of Brokered Private Placement of Units for Gross Proceeds of up to C$6.5 Million
Excellon Resources Inc. increased its private placement from C$5,000,000 to C$6,500,000 due to strong demand, offering 61,904,762 units at C$0.105 each. Each unit includes one common share and one-half warrant, exercisable at C$0.15 for 36 months. Proceeds will advance the Mallay Mine and support working capital. The offering, led by Red Cloud Securities, is set to close around May 2, 2025.









