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Excellon raises funds for Mexico silver projects

Silver miner Excellon Resources has raised C$11.5 million in a bought deal financing after the over-allotment option was exercised in full.

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Excellon’s Platosa operations in Mexico’s Durango state

Excellon’s Platosa operations in Mexico’s Durango state

Cormark Securities was lead underwriter of the offering at $1.06 per unit. Excellon plans to use the proceeds to fund exploration and capex at its Platosa project and Evolución property in Mexico, and...

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