Excelsior Files Preliminary Base Shelf Prospectus
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NEWS RELEASE
Excelsior Files Preliminary Base Shelf Prospectus
November 16, 2017
Excelsior Mining Corp. (TSX: MIN) (FSE: 3XS) (OTCQX: EXMGF) ("Excelsior" or the “Company”) is
pleased to announce that it has filed a preliminary base shelf prospectus (the "Shelf Prospectus") with
the securities regulatory authorities in each of the provinces of Canada (other than Quebec).
The Shelf Prospectus, when made final, will enable Excelsior to make offerings of up to US$30,000,000
of any combination of common shares, debt securities, subscript ion receipts, units, warrants and share
purchase contracts, during the 25-month period that the Shelf P rospectus, including any amendments
thereto, remains valid. The nature, size and timing of any such financings (if any) will depend, in part, on
Excelsior's assessment of its requirements for funding and gene ral market conditions. Unless otherwise
specified in the prospectus supplement relating to a particular offering of securities, the net proceeds
from any sale of any securities will be used for working capita l requirements and for the development,
construction and maintenance of the Company’s mineral propertie s. The specific terms of any future
offering will be established in a prospectus supplement to the Shelf Prospectus, which supplement will
be filed with the applicable Canadian securities regulatory authorities.
A copy of the Shelf Prospectus is available on SEDAR (www.sedar .com) and also may be obtained by
contacting the Corporate Secretary of the Company at 1240 – 114 0 West Pender Street, Vancouver,
British Columbia, Canada, V6E 4G1, telephone (604) 681-8030.
The common shares, debt securities, subscription receipts, units, warrants and share purchase contracts
have not been, nor will they be, registered under the United St ates Securities Act of 1933, as amended
and may not be offered or sold in the United States or to, or f or the account or benefit of, U.S. persons
absent registration or an applicable exemption from the registration requirements. This news release will
not constitute an offer to sell or the solicitation of an offer to buy nor will there be any sale of the securities
in any State in which such offer, solicitation or sale would be unlawful.
About Excelsior Mining
Excelsior Mining “ The Copper Solution Company ” is a mineral exploration and development company
that is advancing the Gunnison Copper Project in Cochise County, Arizona.
For more information on Excelsior, please visit our website at www.excelsiormining.com.
ON BEHALF OF THE EXCELSIOR BOARD
"Stephen Twyerould"
President & CEO
2
For further information regarding this press release, please contact:
Excelsior Mining Corp.
Concord Place, Suite 300, 2999 North 44th Street, Phoenix, AZ, 85018.
JJ Jennex, Vice President, Corporate Affairs
T: 604-681-8030 x240
www.excelsiormining.com
Cautionary Note Regarding Forward-Looking Information
This news release contains "forward-looking information" concerning anticipated developments and events that may occur in the future. Forward
looking information contained in this news release includes, but is not limited to, stat ements with respect to: (i) information pertaining to the
Company's filing of the Shelf Prospectus, (ii) regulatory approv al of the Shelf Prospectus and (iii) any potential future offer ing(s) of securities
pursuant to the Shelf Prospectus (and the use of proceeds therefor).
In certain cases, forward-looking information can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected",
"budget", "scheduled", "estimates", "forecasts ", "intends", "anticipates" or "does not anticipate", or "believes", or variation s of such words and
phrases or state that certain actions, events or results "may ", "could", "would", "m ight" or "will be taken", "occur" or "be ac hieved" suggesting
future outcomes, or other expectations, be liefs, plans, objectives, assumptions, intent ions or statements about future events o r performance.
Forward-looking information contained in th is news release is based on certain factor s and assumptions regarding, among other t hings, the
estimation of mineral resources and mineral reserves, the realization of resource and reserve estimates, copper and other metal prices, the
timing and amount of future development expenditures, the estimation of initial and sustaining capital requirements, the estimation of labour and
operating costs, the availability of necessary financing and materials to continue to develop and construct the Gunnison Project in the short and
long-term, the progress of development activities, the receipt of necessary regulatory approvals, the completion of the permitt ing process, the
estimation of insurance coverage, and assumptions with respect to currency fluctuations, environmental risks, title disputes or claims, and other
similar matters. While the Company considers these assumptions to be reasonable based on information currently available to it, they may prove
to be incorrect.
Forward looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance
or achievements of the Company to be materially different from any future results, performance or achievements expressed or imp lied by the
forward-looking information. Such factors include risks inherent in the exploration an d development of mineral deposits, including risks relating
to changes in project parameters as plans continue to be redefi ned including the possibility that mining operations may not com mence at the
Gunnison Project, risks relating to variations in mineral resources and reserves, grade or recovery rates resulting from curren t exploration and
development activities, risks relating to the ability to access infrastructure, risks relating to changes in copper and other c ommodity prices and
the worldwide demand for and supply of copper and related products, risks related to increased competition in the market for copper and related
products and in the mining industry generally, risks related to curr ent global financial conditions, uncertainties inherent in the estimation of
mineral resources, access and supply risks, reliance on key per sonnel, operational risks inherent in the conduct of mining acti vities, including
the risk of accidents, labour disputes, increases in capital and operating costs and the risk of delays or increased costs that might be encountered
during the development process, regulatory risks, including risks relating to the acqui sition of the necessary licenses and per mits, financing,
capitalization and liquidity risks, including the risk that the financing necessary to fund the exploration and development activities at the Gunnison
Project may not be available on satisfactory terms, or at all, risks related to disputes concerning property titles and interest, environmental risks
and the additional risks identified in the “Risk Factors” section of the Company’s reports and filings with applicable Canadian securities regulators.
Although the Company has attempted to identify important factors t hat could cause actual actions, events or results to differ m aterially from
those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated
or intended. Accordingly, readers should not place undue reliance on forward- looking information. The forward-looking informati on is made as
of the date of this news release. Except as required by applicable securi ties laws, the Company does not undertake any obligati on to publicly
update or revise any forward-looking information.