Excellon announces upsize of brokered private placement of common shares for gross proceeds of up to c$11 million

Toronto, ontario--(newsfile corp. - august 26, 2025) - excellon resources inc. (tsxv: exn) (otc pink: exnrf) (fse: e4x2) ("excellon" or the "company") is pleased to announce that as a result of strong investor demand, the company has increased the size of its previously announced "best efforts" private placement (the "offering") from aggregate gross proceeds of up to c$8,000,000 to aggregate gross proceeds of up to c$11,000,000. the upsized offering is comprised of the sale of up to 55,000,000 common shares in the capital of the company (the "offered shares") at a price of c$0.20 per offered share (the "offering price").
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