Excellon Completes $14.8 Million Bought Deal Financing


Toronto, Ontario – November 9, 2017 – Excellon Resources Inc. (TSX:EXN; EXN.WT; EXN.WT.A) (“Excellon” or the “Company”) is pleased to announce that it has closed its previously announced bought deal public offering of 7,393,750 units (collectively, the “Units”), including 768,750 Units issued upon partial exercise of the over-allotment option, at a price of $2.00 per Unit for aggregate gross proceeds of approximately $14.8 million (the “Offering”). The Offering was underwritten by Cantor Fitzgerald Canada Corporation, as sole bookrunner and together with PI Financial Corp. as co-lead underwriter, on its own behalf and on behalf of Cormark Securities Inc., Desjardins Securities Inc. and Maison Placements Canada Inc.

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