STOCK TITAN

EXCELLON RESOURCES INC - $EXNRF STOCK NEWS

Welcome to our dedicated page for EXCELLON RESOURCES news (Ticker: $EXNRF), a resource for investors and traders seeking the latest updates and insights on EXCELLON RESOURCES stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect EXCELLON RESOURCES's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of EXCELLON RESOURCES's position in the market.

Rhea-AI Summary

Excellon Resources Inc. announced drill results from the 2022 exploration program at its Kilgore Project in Idaho, USA, with highlights including 1.37 g/t Au over 81.21 meters, confirming high-grade mineralization. The results will aid in future resource and geological modeling to refine targets.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.06%
Tags
none
-
News
Rhea-AI Summary
Excellon Resources Inc. successfully closed a restructuring of its 5.75% secured convertible debentures, reducing the outstanding principal amount by 58%. The company repurchased C$10,410,000 aggregate principal amount of debentures from holders in exchange for common shares, contingent value rights, royalty on Kilgore Project, and interest in Saxony Silver Corp. Additionally, the remaining C$7.5 million aggregate principal amount of debentures had its terms amended, including an extension of maturity date, decrease in conversion price, and increase in interest rate.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-16.07%
Tags
none
-
Rhea-AI Summary
Excellon Resources Inc. (TSX: EXN) (OTCQB: EXNRF) (FSE: E4X2) provided a 'Year in Review' and corporate update, highlighting the elimination of a US$22 million litigation liability, restructuring of 5.75% secured convertible debentures, positive U.S. District Court ruling for exploration activities in Idaho, and license extensions at Silver City. The company's President and CEO, Shawn Howarth, emphasized the resilience of Excellon and the focus on high-quality exploration at Kilgore and Silver City, with a renewed strategy to advance precious metals resource growth in favorable jurisdictions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.14%
Tags
none
Rhea-AI Summary
Excellon Resources Inc. (EXN) reported that shareholders voted in favor of all items of business at the 2023 Annual and Special Meeting of Shareholders. The proposed debenture restructuring was approved, allowing the company to focus on longer-term growth and equity recovery. Detailed voting results for the election of directors and other items of business are provided. The formal report on voting results will be filed under the Company's profile on SEDAR+ at www.sedarplus.ca.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary
Excellon Resources Inc. has rescheduled its annual and special meeting of shareholders from November 7, 2023 to November 23, 2023. Shareholders will vote on the proposed restructuring of the Company's 5.75% secured convertible debentures.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
News
Rhea-AI Summary
Excellon Resources sells minority interest in Oakley Project to Centerra for $1 million in cash.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
Rhea-AI Summary
Excellon Resources Inc. extends maturity date of convertible debentures and issues common shares as extension fee.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary
Excellon Resources announces binding term sheet with Debentureholders to reduce outstanding principal amount of Debentures to C$7.5 million, representing a 58% reduction in principal, and extend maturity date to August 31, 2026. No cash repayment required. Interest payable at 6.5% in cash or 10% in shares. Positive alignment with shareholders for future equity growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary
Excellon Resources sells remaining interest in Oakley Project for US$1 million in cash, providing liquidity. Continuing discussions with debentureholders on potential restructuring. Updates on Kilgore Project and Silver City exploration. Assessing strategic options for Mexico operations. Extension granted for annual meeting of shareholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
20%
Tags
none
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
EXCELLON RESOURCES INC

OTC:EXNRF

EXNRF Rankings

EXNRF Stock Data

17.21M
99.09M
8.55%
0.5%
Silver Ore Mining
Mining, Quarrying, and Oil and Gas Extraction
Link
United States of America
Toronto

About EXNRF

excellon’s 100%-owned platosa mine in durango has been mexico’s highest-grade silver mine since production commenced in 2005. the company is focused on optimizing the platosa mine’s cost and production profile, discovering further high-grade silver and crd mineralization on the platosa project and capitalizing on the opportunity in current market conditions to acquire undervalued projects in latin america.