Northwire Canada EditionWednesday, July 29, 2026
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NAM 0.250 +0.0% CRD 0.065 +8.3% OLA 12.90 −3.7% CG 22.70 −2.5% EQX 12.89 −4.0% FM 37.51 −2.3% MNRG 0.080 −11.1% KFR 1.31 +0.8% AUMN 0.275 +0.0% GLB 0.250 +0.0% BHS 0.045 −10.0% EGR 0.025 +0.0% RIO 2.59 −4.1% GEN 0.070 +0.0% MAI 4.39 −2.0% RYR 0.175 +0.0% NAM 0.250 +0.0% CRD 0.065 +8.3% OLA 12.90 −3.7% CG 22.70 −2.5% EQX 12.89 −4.0% FM 37.51 −2.3% MNRG 0.080 −11.1% KFR 1.31 +0.8% AUMN 0.275 +0.0% GLB 0.250 +0.0% BHS 0.045 −10.0% EGR 0.025 +0.0% RIO 2.59 −4.1% GEN 0.070 +0.0% MAI 4.39 −2.0% RYR 0.175 +0.0%
Financings

Excellon closes $546,000 debt settlement

By The Northwire Desk — AI Analysis Sep 18, 2025 · 18:21 EXN · 0.28 Excellon Resources Inc.
EXN · Price

Executive Summary

  • Excellon Resources Inc. closed a debt settlement, extinguishing approximately $546,000 of indebtedness.
  • The settlement was executed by issuing 2,427,917 common shares at a deemed price of C$0.225 per share.
  • The issued securities are subject to a four‑month hold period expiring on Jan. 18 2026 and await final acceptance by the TSX Venture Exchange.

Key Details

  • Debt Amount Settled: Approximately $546,000.
  • Consideration Issued: 2,427,917 common shares of Excellon Resources Inc.
  • Deemed Share Price: C$0.225 per share.
  • Hold Period: Four months under Canadian securities laws; expires Jan. 18 2026.
  • Regulatory Condition: Settlement pending final acceptance by the TSX Venture Exchange.
  • Purpose of Transaction: To eliminate outstanding indebtedness with an arm’s‑length creditor.

Notable Quotes

(No quotes were provided in the release.)

Read the original news release →

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