Excellon Announces Closing of C$6.6 Million Financing

http://www.juniorminingnetwork.com/junior-miner-news/press-releases/506-tsx/exn/14202-excellon-announces-closing-of-c-6-6-million-financing.html

TORONTO, ON–(Marketwired – November 30, 2015) – Excellon Resources Inc. (TSX: EXN) (OTC: EXLLF) (“Excellon” or the “Company”), Mexico’s highest grade silver producer, is pleased to announce that it has completed its previously announced C$6,600,000 financing, comprising C$5,610,000 principal amount of secured convertible debentures of the Company (the “Debentures”) and the sale of a net smelter return royalty (the “NSR”) on the Platosa Project for C$990,000 (collectively, the “Financing”). References to principal amounts and conversion or exercise prices in respect of the Financing are in Canadian dollars.

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