Excellon and Otis Gold File Joint Circular In Connection With Proposed Arrangement

Excellon Resources – News Release

Toronto, Ontario – March 19, 2020 – Excellon Resources Inc. (TSX: EXN, EXN.WT, OTC: EXLLF and FRA: E4X1) (“Excellon”) and Otis Gold Corp. (TSX-V: OOO, OTC: OGLDF, FRA: 4OG) (“Otis”) announced today that they have filed a joint management information circular (the “Circular”), which will be mailed out to their respective shareholders’ next week for the meetings to be held on April 17, 2020, in connection with the previously announced acquisition by Excellon of all of the issued and outstanding shares of Otis pursuant to a plan of arrangement under the Business Corporations Act (British Columbia) (the “Arrangement”).

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