Excellon Announces Addition to Board
www.excellonresources.com
EXCELLON ANNOUNCES ADDITION TO BOARD
Toronto, Ontario – June 23, 2022 – Excellon Resources Inc. (TSX:EXN; NYSE:EXN; and FRA:E4X2)
("Excellon" or the “Company") is pleased to announce the appointment of Zoya Shashkova to the Board
of Directors.
“We welcome Zoya to the Board of Directors and look forward to benefitting from her experience going
forward,” stated André Fortier, Chair. “She brings experience in Mexic o from her time at Torex and in
leading environmental technologies in her current role at EnviroGold Global. Additionally, her strong
financial and accounting background will be an excellent addition to our Audit Committee.”
“With Zoya’s appointment, we also note the pending retirement of André Fortier at the upcoming annual
meeting in August,” stated Brendan Cahill, President and CEO. “André has played a key role in the
Company’s development since mining started at Platosa and has been a great supporter o f the
management team throughout his time with Excellon. He has been a friend and mentor during my time
as CEO. We wish him the very best in his well-deserved retirement.”
Zoya Shashkova has over two decades of consulting and finance executive experience, spanning audit and
consulting, tax structuring, risk management, reporting, disclosure, and mining finance. She is currently
CFO of EnviroGold Global Limited, a clean technology company that is capitalizing environmental
stewardship and sustainably supplying the world’s increasing demand for precious, critical and strategic
metals by profitably reclaiming unrecovered value from mine tailings and resource development waste
streams.
Prior to Enviro Gold Global, Ms. Shashkova was the Treasurer for Torex Gold Resources Inc., a mid -tier
Canadian gold producer with operations in Mexico, where she participated in raising $1 billion in capital
to support ongoing operations as well as long -term strategic initiatives. Her previous mining executive
roles include CFO for UraniumOne’s operations in Central Asia, where she provided leadership in all areas
of business and financial management, including strategic planning, performance measurement, debt
financing, accounting, international tax structuring, and r isk management, as well as senior leadership
positions with Deloitte and E&Y. During her tenure with UraniumOne, Ms. Shashkova also served on the
boards of operating joint ventures as an Audit Committee Chair. Ms. Shashkova holds a MSc in Biology
and Chemistry, an MBA in Banking and Finance, is a Certified Public Accountant (CPA, US, Maine), and is
an ICD.D certified director, Institute of Corporate Directors.
About Excellon
Excellon’s vision is to create wealth by realizing strategic opportunities through discipline and innovation
for the benefit of our employees, communities and shareholders. The Company is advancing a precious
metals growth pipeline that includes: Kilgore, an advanced gold exploration project in Idaho with strong
economics and significant growth and discovery potential; an option on Silver City, a high -grade
epithermal silver district in Saxony, Germany with 750 years of mining history and no modern exploration;
and Platosa, a high-grade silver mine producing in Mexico since 2005, scheduled to wind-down in Q3 2022.
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The Company is also actively seeking to capitalizing on current market conditions by acquiring
undervalued projects.
Additional details on Excellon’s properties are available at www.excellonresources.com.
For Further Information, Please Contact:
Excellon Resources Inc.
Brendan Cahill, President & Chief Executive Officer
Dan Hall, Chief Financial Officer
(416) 364-1130
www.excellonresources.com