EXCELLON
COMMENCES
TRADING ON THE NYSE
Toronto,
Ontario – September
23,
2020 --
InvestorsHub NewsWire -- Excellon Resources Inc.
(TSX:EXN, EXN.WT;
NYSE:EXN; FRA:E4X2)
("Excellon"
or
the "Company")
is pleased to
announce that its common shares (the "Common Shares")
will
commence trading on the NYSE American
LLC (the "NYSE American") as of market open today under the ticker
symbol "EXN". Excellon's Common Shares will
continue to trade on the Toronto Stock
Exchange under the ticker
symbol "EXN".
"Listing on the
NYSE American furthers our aims of improving liquidity for our
shareholders while broadening access for prospective
retail and
institutional investors," stated Brendan
Cahill, President and CEO. "We are delighted to join our silver
producing and exploring peers on the NYSE American and look
forward to delivering returns to
shareholders from the ongoing precious metals bull
market."
About
Excellon
Excellon's vision
is to create wealth by realizing strategic opportunities through
discipline and innovation for the benefit of our employees,
communities and shareholders. The Company is advancing a precious
metals growth pipeline that includes: Platosa, Mexico's
highest-grade silver mine since production commenced in 2005;
Kilgore, a high quality gold development project in Idaho with
strong economics and significant growth and discovery potential;
and an option on Silver City, a high-grade epithermal silver
district in Saxony, Germany with 750 years of mining history and no
modern exploration. The Company also aims to continue capitalizing
on current market conditions by acquiring undervalued
projects.
Additional
details on Excellon's properties are available
at
www.excellonresources.com.
For Further
Information, Please Contact:
Excellon
Resources Inc.
Brendan Cahill,
President & Chief Executive
Officer or
Anna Ladd-Kruger,
Chief Financial Officer & VP Corporate Development
(416)
364-1130
info@excellonresources.com
www.excellonresources.com
Forward-Looking
Statements
The Toronto
Stock Exchange has not reviewed and does not accept responsibility
for the adequacy or accuracy of the content of this Press Release,
which has been prepared by management. This press release contains
forward-looking statements within the meaning of Section 27A of the
Securities Act and Section 27E of the Exchange Act. Such statements
include, without limitation, statements regarding the future
results of operations, performance and achievements of the Company,
including potential property acquisitions, the timing, content,
cost and results of proposed work programs, the discovery and
delineation of mineral deposits/resources/reserves, geological
interpretations, proposed production rates, potential mineral
recovery processes and rates, business and financing plans,
business trends and future operating revenues. Although the Company
believes that such statements are reasonable, it can give no
assurance that such expectations will prove to be correct.
Forward-looking statements are typically identified by words such
as: believe, expect, anticipate, intend, estimate, postulate and
similar expressions, or are those, which, by their nature, refer to
future events. The Company cautions investors that any
forward-looking statements by the Company are not guarantees of
future results or performance, and that actual results may differ
materially from those in forward looking statements as a result of
various factors, including, but not limited to, variations in the
nature, quality and quantity of any mineral deposits that may be
located, significant downward variations in the market price of any
minerals produced, the Company's inability to obtain any necessary
permits, consents or authorizations required for its activities, to
produce minerals from its properties successfully or profitably, to
continue its projected growth, to raise the necessary capital or to
be fully able to implement its business strategies. All of the
Company's public disclosure filings may be accessed via
www.sedar.com and readers are urged to review these materials,
including the technical reports filed with respect to the Company's
mineral properties, and particularly the September 7, 2018 NI
43-101 technical report prepared by SRK Consulting (Canada) Inc.
with respect to the Platosa Property. This press release is not,
and is not to be construed in any way as, an offer to buy or sell
securities in the United States.