Excellon Announces Results of 2024 Annual Meeting
Excellon Announces Results of 2024 Annual
Meeting
Toronto, Ontario--(Newsfile Corp. - June 28, 2024) -
Excellon Resources Inc. (TSX: EXN) (OTCQB:
EXNRF) (FSE: E4X2)
("
Excellon
" or the "
Company
") is pleased to report that the holders of common
shares of the Company voted in favour of all items of business at the Company's 2024 Annual Meeting of
Shareholders (the "
Meeting
") held on June 28, 2024, being the election of all nominated directors and
the appointment of Ernst & Young LLP as the auditors of the Company.
Detailed results from the election of directors are set out below:
Director
For
% For
Withheld
% Withheld
Shawn Howarth
31,594,021
88.970
3,916,965
11.030
Laurence Curtis
35,188,227
99.091
322,759
0.909
Craig Lindsay
31,591,577
88.963
3,919,409
11.037
Brendan Cahill
31,589,497
88.957
3,921,489
11.043
Gerhard Merkel
35,279,461
99.348
231,525
0.652
The election of Mr. Merkel as a director of the Company is subject to the approval of the TSX. Mr. Merkel
has been nominated by the holders of the Company's outstanding 6.50% secured convertible
debentures due August 31, 2026, in accordance with the director nomination right granted to such
holders.
The formal report on voting results with respect to all matters voted upon at the Meeting will be filed under
the Company's profile on SEDAR+ at
www.sedarplus.ca
.
About Excellon
Excellon's vision is to realize opportunities through the acquisition of advanced development or
producing assets with further potential to gain from an experienced management team for the benefit of
our employees, communities and shareholders. The Company is advancing a portfolio of gold, silver and
base metals assets including Kilgore, an advanced gold exploration project in Idaho; and Silver City, a
high-grade epithermal silver district in Saxony, Germany with 750 years of mining history and little
modern exploration.
Additional details on Excellon's properties are available 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 approvals;
exploration and drilling programs, including the timing, completion and results thereof; potential
mineralization; 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 April 1, 2024 (the "
2024 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,
2023, 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 2024 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.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/214940