TORONTO, ON--(Marketwired - June 06, 2016) - Excellon Resources Inc. (
The Consideration Shares are subject to a hold period of four months plus one day in accordance with Canadian securities legislation.
Medalist Capital Inc. acted as a strategic advisor on the transaction.
About Excellon
Excellon's 100%-owned La Platosa Mine in Durango is Mexico's highest grade silver mine, with lead and zinc by-products making it historically one of the lowest cash cost silver mines in the country. The Company is positioning itself to capitalize on undervalued projects by focusing on increasing La Platosa's silver production and near-term mineable resources.
Additional details on the La Platosa Mine and the rest of Excellon's exploration properties are available at www.excellonresources.com.
Contact Information:
For Further Information, Please Contact:
Excellon Resources Inc.
Brendan Cahill, President & CEO or
Nisha Hasan, Director, Investor Relations
(416) 364-1130
info@excellonresources.com
www.excellonresources.com