EXCELLON PROVIDES UPDATE ON FILING SCHEDULE FOR FIRST QUARTER 2020 FINANCIAL RESULTS

Excellon_13052020

Toronto, Ontario – May 13, 2020 – Excellon Resources Inc. (TSX:EXN, EXN.WT, OTC:EXLLF and FRA:E4X1) (“Excellon” or the “Company”) announces the Company will postpone the filing of its interim financial statements and management’s discussion and analysis for the three-month period ended March 31, 2020. The Company intends to rely on the blanket relief granted by Ontario Instrument 51-502 – Temporary Exemption from Certain Corporate Finance Requirements and comparable relief granted by other Canadian Securities Administrators in respect of its obligation under National Instrument 51-102 – Continuous Disclosure Obligations, which provides for up to a 45-day extension for periodic filings. Management expects to file interim financial reports on or before June 1, 2020.

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