Excellon Announces Spin-Out of Saxony Silver Corp.

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Toronto, Ontario–(Newsfile Corp. – November 11, 2026) – Excellon Resources Inc. (TSXV: EXN) (OTCQB: EXNRF) (FSE: E4X2) (“Excellon” or the “Company”) is pleased to announce that the Company has entered into an arrangement agreement dated November 10, 2026 (the “Arrangement Agreement”) with Saxony Silver Corp. (“Saxony Silver”), a majority-owned subsidiary of Excellon, pursuant to which the Company proposes to spin-out (the “Spin-Out”) approximately 44.1 million common shares in the capital of…

Source: https://www.newsfilecorp.com/release/323491/Excellon-Announces-SpinOut-of-Saxony-Silver-Corp.

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