Excellon announces agreement to acquire mallay mine in transformative transaction

Toronto, ontario--(newsfile corp. - october 31, 2024) - excellon resources inc. (tsx: exn) (otcqb: exnrf) (fse: e4x2) ("excellon" or the "company") is pleased to announce that it has entered into a share purchase agreement (the "agreement") with adar mining corp. ("adar") to acquire (the "acquisition"), subject to the satisfaction of certain conditions, all of the issued and outstanding shares (the "minera shares") in the capital of minera crc s.a.c. ("minera crc"), which holds a 100% interest in the mallay property, including the past producing mallay silver mine and the tres cerros exploration property, in peru.
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