Excellon Resources Finalizes Private Offering

Excellon Resources (TSE:EXN) has released an update.

Excellon Resources Inc. has completed the final portions of its non-brokered private placement, totaling approximately $1.32 million by selling over 7.3 million units. Each unit consists of one common share and one warrant that allows the purchase of an additional share at a set price. The raised funds are earmarked for the advancement of Excellon’s mineral projects and other corporate purposes, including their Kilgore Project.

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