Excellon Grants Stock Options and Share Units
Excellon Grants Stock Options and Share
Units
Toronto, Ontario--(Newsfile Corp. - April 10, 2026) -
Excellon Resources Inc. (TSXV: EXN) (OTC
Pink: EXNRF) (FSE: E4X2)
("
Excellon
" or the "
Company
") announces that the Board of Directors
has approved the grant of 1,705,000 stock options, 1,700,000 performance share units and 405,000
deferred share units to directors, officers and employees of the Company pursuant to the Company's
Share Incentive Plan. The stock options are exercisable at a price of $0.43 per share, expire three years
from the date of grant, and vest as to one-quarter on the date of grant and as to one-quarter on each of
the dates falling 6, 12 and 18 months from the date of grant.
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. 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 inability of the Company to
receive necessary regulatory approvals, 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.
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