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Excellon Resources Inc.

03:13 PM EST - Excellon Resources Inc. : Announced the closing of its previously announced non-brokered equity private placement in the Company by Eric Sprott for gross proceeds of $3,000,000 through the issuance of 6,666,667 units at a price of $0.45 per unit. Excellon Resources Inc. shares T.EXN are trading up $0.02 at $0.61.