Suite 900 - 20
T: 416.3
FOR IMMEDIATE RELEASE: MAY 6, 2013
EXCELLON ANNOUNCES SHARE CONSOLIDATION
EFFECTIVE MAY 8, 2013
Toronto, Ontario – May 6, 2013 Company") , Mexico’s highest grade silver producer, Exchange (the " Exchange ") has approved the consolidation of the Company Shares ") on a basis of one (1) post Common Shares (the " Consolidation consolidated basis effective at the opening of market on Wednesday May 8, 2013 under th e new CUSIP number 30069C207.
Letters of transmittal with respect to the Consolid ation have been mailed out to all registered shareh olders by the Company's transfer agent, Computershare Inve stor Services transmittal describes the process by which register ed shareholders may obtain new certificates representing consolidated Common Shares and all reg istered shareholders of the Company will be required to send their certi ficates representing pre letter of transmittal to Computershare, in accordan ce with the instructions provided in the letter of transmittal. No fractional Common Shares will be i ssued. Where the Consolid Common Share, the number of post whole Common Share. Shareholders who hold their Com mon Shares through a broker or other intermediary and do not have Common Share transmittal.
About Excellon
An Evolution in High Grade Silver: highest grade silver mine, with lead and zinc by mines in the country. The Company is positioning i tself to capitalize on undervalued projects by focu sing on increasing La Platosa’s profitable silver production and near term mineable resources.
The Toronto Stock Ex change has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this press release, which has been prepared by managemen t. This press release contains forward meaning of applicable sec urities laws. Such statements include, without limi tation, statements regarding the future results of operations, performance and achievements of the Com pany, including potential property acquisitions, th e timing, content, cost results of proposed work programs, the discovery and delineation of mineral deposits/resources/reserves, geological interpretations, proposed production rates, potential mineral recove ry processes and rates, business and financing plan s, business trends and future operating reven ues. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward anticipate, intend, est imate, postulate and similar expressions, or are th ose, which, by their nature, refer to future events . The Company cautions investors that any forward performance, and that actual r esults may differ materially from those in forward looking statements as a result of various factors, including, but not limited to, variations in the na ture, quality and quantity of any mineral deposits that may be located, si downward variations in the market price of any minerals produced, parti cularly silver, the Company's inability to obtain a ny necessary permits, consents or authorizations requi red for its activities, to produce minerals from it s properties successful profitably, to cont inue its projected growth, to raise the necessary c apital or to be fully able to implement its busines s strategies. All of the Company's public disclosure filings may be a ccessed via www.sedar.com and readers are urged to review these materials, including the technical reports filed with respect to the Company's mineral properties, and particularly the November 22, 2011 NI 43
Excellon Resources Inc.
20 Victoria Street . Toronto . Ontario . Canada . M5C 2N8 6.364.1130 F: 416.364.6745 W: ExcellonResources.com
FOR IMMEDIATE RELEASE: MAY 6, 2013 Toronto Stock Exchange
EXCELLON ANNOUNCES SHARE CONSOLIDATION
EFFECTIVE MAY 8, 2013 May 6, 2013 – Excellon Resources Inc. (TSX:EXN) ("Excellon" or "t he Mexico’s highest grade silver producer, is pleased to announce that the Toronto Stock") has approved the consolidation of the Company 's common shares ("") on a basis of one (1) post -consolidation Common Share for each five (5) pre Consolidation ") and has no objection to the Common Shares tradin g on a post opening of market on Wednesday May 8, 2013 under th e new CUSIP Letters of transmittal with respect to the Consolid ation have been mailed out to all registered shareh olders by the Company's transfer agent, Computershare Inve stor Services Inc. (“ Computershare transmittal describes the process by which register ed shareholders may obtain new certificates representing consolidated Common Shares and all reg istered shareholders of the Company will be ficates representing pre -Consolidation Common Shares with a properly execute d letter of transmittal to Computershare, in accordan ce with the instructions provided in the letter of transmittal. No fractional Common Shares will be i ssued. Where the Consolid ation results in a fractional Common Share, the number of post -Consolidation Common Shares will be rounded down to the nearest whole Common Share. Shareholders who hold their Com mon Shares through a broker or other intermediary and do not have Common Share s registered in their name will not need to complet e a letter of An Evolution in High Grade Silver: Excellon’s 100%- owned La Platosa Mine in Durango is Mexico’s highest grade silver mine, with lead and zinc by -products making it one of the lowest cash cost silver mines in the country. The Company is positioning i tself to capitalize on undervalued projects by focu sing on increasing La Platosa’s profitable silver production and near term mineable resources.
change has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this press release, which has been prepared by managemen t. This press release contains forward -looking statements within the urities laws. Such statements include, without limi tation, statements regarding the future results of operations, performance and achievements of the Com pany, including potential property acquisitions, th e timing, content, cost programs, the discovery and delineation of mineral deposits/resources/reserves, geological interpretations, proposed production rates, potential mineral recove ry processes and rates, business and financing plan s, business trends and ues. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward -looking statements are typically identified by word s such as: believe, expect, imate, postulate and similar expressions, or are th ose, which, by their nature, refer to future events . The Company cautions investors that any forward -looking statements by the Company are not guarantee s of future results or esults may differ materially from those in forward looking statements as a result of various factors, including, but not limited to, variations in the na ture, quality and quantity of any mineral deposits that may be located, si in the market price of any minerals produced, parti cularly silver, the Company's inability to obtain a ny necessary permits, consents or authorizations requi red for its activities, to produce minerals from it s properties successful inue its projected growth, to raise the necessary c apital or to be fully able to implement its busines s strategies. All of the Company's public disclosure filings may be a ccessed via www.sedar.com and readers are urged to review these materials, the technical reports filed with respect to the Company's mineral properties, and particularly the November 22, 2011 NI 43
Toronto Stock Exchange – EXN
No. 13 – 2013 EXCELLON ANNOUNCES SHARE CONSOLIDATION Excellon Resources Inc. (TSX:EXN) ("Excellon" or "t he is pleased to announce that the Toronto Stock 's common shares (" Common consolidation Common Share for each five (5) pre -consolidation ") and has no objection to the Common Shares tradin g on a post opening of market on Wednesday May 8, 2013 under th e new CUSIP Letters of transmittal with respect to the Consolid ation have been mailed out to all registered shareh olders Computershare ”). The letter of transmittal describes the process by which register ed shareholders may obtain new certificates representing consolidated Common Shares and all reg istered shareholders of the Company will be Consolidation Common Shares with a properly execute d letter of transmittal to Computershare, in accordan ce with the instructions provided in the letter of ation results in a fractional Consolidation Common Shares will be rounded down to the nearest whole Common Share. Shareholders who hold their Com mon Shares through a broker or other s registered in their name will not need to complet e a letter of owned La Platosa Mine in Durango is Mexico’s it one of the lowest cash cost silver mines in the country. The Company is positioning i tself to capitalize on undervalued projects by focu sing on increasing La Platosa’s profitable silver production and near term mineable resources.
change has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this looking statements within the urities laws. Such statements include, without limi tation, statements regarding the future results of operations, performance and achievements of the Com pany, including potential property acquisitions, th e timing, content, cost and programs, the discovery and delineation of mineral deposits/resources/reserves, geological interpretations, proposed production rates, potential mineral recove ry processes and rates, business and financing plan s, business trends and ues. Although the Company believes that such statements are reasonable, it can give no assurance that such looking statements are typically identified by word s such as: believe, expect, imate, postulate and similar expressions, or are th ose, which, by their nature, refer to future events . The looking statements by the Company are not guarantee s of future results or esults may differ materially from those in forward looking statements as a result of various factors, including, but not limited to, variations in the na ture, quality and quantity of any mineral deposits that may be located, si gnificant in the market price of any minerals produced, parti cularly silver, the Company's inability to obtain a ny necessary permits, consents or authorizations requi red for its activities, to produce minerals from it s properties successful ly or inue its projected growth, to raise the necessary c apital or to be fully able to implement its busines s strategies. All of the Company's public disclosure filings may be a ccessed via www.sedar.com and readers are urged to review these materials, the technical reports filed with respect to the Company's mineral properties, and particularly the November 22, 2011 NI 43 - 101-compliant technical report prepared by Roscoe Postl e Associates Inc. with respect to the La Platosa Pr operty. This press release is not, and is not to be construed in any way as, an offer to buy or sell securities in the United States.
FOR FURTHER INFORMATION, PLEASE CONTACT: Excellon Resources Inc.
Brendan Cahill, President & Chief Executive Officer Rupy Dhadwar, Chief Financial Officer T. (416) 364-1130 E. [email protected] W. www.excellonresources.com
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compliant technical report prepared by Roscoe Postl e Associates Inc. with respect to the La Platosa Pr operty. This press is not, and is not to be construed in any way as, an offer to buy or sell securities in the United States.
FOR FURTHER INFORMATION, PLEASE CONTACT: Brendan Cahill, President & Chief Executive Officer Financial Officer 1130 E. [email protected] compliant technical report prepared by Roscoe Postl e Associates Inc. with respect to the La Platosa Pr operty. This press is not, and is not to be construed in any way as, an offer to buy or sell securities in the United States.