Excellon Resources (EXNRF) on Wednesday said its 75%-owned subsidiary Saxony Silver entered binding agreements for a non-brokered private placement expected to raise C$2.125M at a pre-money valuation of C$20.8M. – The financing will support exploration activities at the Silver…
ty Project in Germanyâs Freiberg silver belt. – Excellon said the transaction is non-dilutive to its shareholders and would leave it with an about 68% undiluted stake in Saxony Silver following the offering. More on Excellon Resources Inc