Excellon Announces Availability of Meeting Materials, Alternative Voting Procedures and Adoption of Amended Share Incentive Plan
Excellon Announces Availability of Meeting
Materials, Alternative Voting Procedures and
Adoption of Amended Share Incentive Plan
Toronto, Ontario--(Newsfile Corp. - October 17, 2025) -
Excellon Resources Inc. (TSXV: EXN) (OTC
Pink: EXNRF) (FSE: E4X2)
("
Excellon
" or the "
Company
") announces that its upcoming annual and
special meeting (the "
Meeting
") of shareholders (the "
Shareholders
") of the Company will be held
virtually through the platform of AGM Connect at
www.agmcmeeting.com
on Tuesday, November 18,
2025 at 10:00 a.m. (Toronto time).
The Company has sent the proxy-related materials (the "
Meeting Materials
") by mail; however, due to
the recent disruption of Canada Post's services as a result of labour action by the Canadian Union of
Postal Workers, there is no assurance that the Meeting Materials will be received by the Shareholders
prior to the Meeting.
Shareholders are encouraged to access the Meeting Materials directly through the Company's website
at
www.excellonresources.com
, under the Company's profile on the SEDAR+ website at
www.sedarplus.ca
or through AGM Connect's website at
www.agmconnect.com/current-meetings
, and
to vote before the proxy deadline of 10:00 a.m. (Toronto time) on Friday, November 14, 2025.
How Registered Shareholders Can Vote
Registered shareholders are shareholders who hold their shares in the Company directly and not through
a broker, depository company or other intermediary. Registered shareholders experiencing a delay in
receiving the Meeting Materials can call AGM Connect at 416-222-4202 or toll-free at 1-855-839-3715
to request their individual 12-digit control number and further instructions on how to vote.
Registered shareholders are strongly encouraged to vote via internet or telephone at:
Internet:
www.agmcvote.com
Telephone:
1-855-839-3715
Alternatively, registered shareholders may submit their votes by completing, signing and dating the form
of proxy available through the above-mentioned websites and sending it to AGM Connect at
. Completed and signed proxies must be received by AGM Connect by 10:00
a.m. (Toronto time) on November 14, 2025.
How Non-Registered Shareholders Can Vote
Non-registered shareholders are shareholders who hold their shares through a broker, depository
company or other intermediary. There are two types of non-registered shareholders: (i) those who do not
object to their identity being made known to the issuers of securities which they own ("
NOBOs
") and (ii)
those who object to their identity being made known to the issuers of securities which they own
("
OBOs
").
The Company has arranged to send Meeting Materials directly to NOBOs. NOBOs experiencing a delay
in receiving the Meeting Materials can call AGM Connect at 416-222-4202 or toll-free at 1-855-839-
3715 to request their individual 12-digit control number and further instructions on how to vote.
NOBOs are strongly encouraged to vote via internet or telephone at:
Internet:
www.agmcvote.com
Telephone:
1-855-839-3715
Alternatively, NOBOs may submit their votes by completing, signing and dating the voting instruction form
available through the above-mentioned websites and sending it to AGM Connect by email at
. Completed and signed voting instruction forms must be received by AGM
Connect by 10:00 a.m. (Toronto time) on November 14, 2025.
OBOs experiencing a delay in receiving the Meeting Materials should contact their broker or other
intermediary for assistance in obtaining their individual voting control number and further instructions on
how to vote. OBOs are strongly encouraged to vote via internet at
www.proxyvote.com
.
Amended and Restated Share Incentive Plan
The Company also announces that its board of directors has approved an amended and restated share
incentive plan (the "
Share Incentive Plan
"), providing for the grant of stock options, restricted share
units, performance share units and deferred share units. Amendments to the Share Incentive Plan were
made to comply with the rules and policies of the TSX Venture Exchange (the "
Exchange
") following the
listing of the common shares of the Company on the Exchange. The Share Incentive Plan is subject to
the approval of Shareholders at the Meeting in accordance with the policies of the Exchange, as well as
the final acceptance of the Exchange. Further details and a copy of the Share Incentive Plan is included
in the management information circular for the Meeting.
About Excellon Resources Inc.
Excellon's vision is to realize opportunities through the acquisition and advancement of quality precious
and base metal assets, leveraging an experienced management team for the benefit of its employees,
communities and shareholders. The Company is focused on the potential restart of the Mallay Silver
Mine in Peru. Excellon also holds a portfolio of exploration-stage projects, including the Tres Cerros
Gold/Silver Exploration Property in Peru; Kilgore, an advanced gold project in Idaho; and Silver City, a
high-grade epithermal silver district in Saxony, Germany, providing additional growth upside. Additional
details on Excellon's properties can be found at www.excellonresources.com.
For Further Information, Please Contact:
Excellon Resources Inc.
Shawn Howarth, President & Chief Executive Officer
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS
All statements, other than statements of historical fact, contained, referenced or incorporated by
reference in this news release constitute "forward-looking statements" and "forward looking
information" (collectively, "
forward-looking statements
") within the meaning of applicable Canadian
and United States securities legislation. Generally, these forward-looking statements can be identified
by the use of forward-looking terminology such as: "actively", "advance", "anticipated", "assess",
"believe", "cause", "commence", "completion", "conditions", "consideration", "continues",
"development", "due course", "expectation", "exploration", "extend", "extension", "flexibility",
"focused", "forward", "further", "future", "if", "implement", "liquidity", "looking", "maturity", "may",
"negotiations", "occur", "opportunities", "options", "outcome", "outstanding", "potential", "providing",
"reach", "restructuring", "risk", "subject to", "to be", "update", "vision", "waive", "when", "will", and
"would", or variations of such words, and similar such words, expressions or statements that certain
actions, events or results can, could, may, should, to, will, would (or not) be achieved, occur, provide,
result, complete or support in the future or which, by their nature, refer to future events. In some cases,
forward-looking information may be stated in the present tense, such as in respect of current matters
that may be continuing, or that may have a future impact or effect.
Forward-looking statements include statements regarding the timing and ability of the Company to
receive necessary regulatory approvals, including the final acceptance of the Share Incentive Plan
from the TSX Venture Exchange; and the Company's objectives, goals and future plans and
strategies. Although the Company believes that such statements are reasonable, it can give no
assurance that such expectations will prove to be correct, and any forward-looking statements by the
Company are not guarantees of future actions, results or performance. Forward-looking statements
are based on assumptions, estimates, expectations and opinions, which are considered reasonable
and represent best judgment based on available facts, as of the date such statements are made. If
such assumptions, estimates, expectations and opinions prove to be incorrect, actual and future
results may be materially different than expressed or implied in the forward-looking statements.
Forward-looking statements are inherently subject to known and unknown risks, uncertainties,
contingencies and other factors which may cause the actual results or performance of the Company to
be materially different from any future results or performance expressed or implied by the forward-
looking statements. Such risks, uncertainties, contingencies and other factors include, among others,
the "Risk Factors" in the Company's annual information form dated March 31, 2025 (the "
2025 AIF
"),
and the risks, uncertainties, contingencies and other factors identified in the Company's
Management's Discussion and Analysis, and accompanying financial statements, for the year ended
December 31, 2024, and the Company's other applicable public disclosure (collectively, "
Company
Disclosure
"). The foregoing list of risks, uncertainties, contingencies and other factors is not
exhaustive; readers should consult the more complete discussion of the Company's business,
financial condition and prospects that is provided in the 2025 AIF and the other Company Disclosure.
The forward-looking statements referenced or contained in this news release are expressly qualified
by these Cautionary Statements as well as the Cautionary Statements in the other Company
Disclosure. Forward-looking statements contained herein are made as of the date of this news release
(or as otherwise expressly specified) and the Company disclaims any obligation to update any
forward-looking statements, whether as a result of new information, future events or results or
otherwise, except as required by applicable laws.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/270893