Excellon Announces $8 Million Convertible Debenture Financing
(WorldNews Mexico)

www.excellonresources.com EXCELLON ANNOUNCES $8 MILLION CONVERTIBLE DEBENTURE FINANCING Toronto, Ontario - July 3, 2020 - Excellon Resources Inc. (TSX:EXN, EXN.WT, OTC:EXLLF and FRA:E4X1) ("Excellon" or the "Company") is pleased to announce that it has signed a binding term sheet for a fully subscribed financing of C$8,000,000 (the "Financing") through the private placement of secured convertible debentures of the Company (the "Debentures"). The proceeds will be used to repay the US$6 million bridge loan with Sprott Private Resource Lending II (Collector), LP entered into in connection with the acquisition of Otis Gold Corp. References to principal...