On August 27, 2019 Excellon Resources Inc. completed a bought deal public offering of 10,925,000 units, including  1,425,000 units issued upon full exercise of the over-allotment option, at a price of $1.06 per unit for aggregate gross proceeds of approximately $11.5 million.

The offering was underwritten by Cormark Securities Inc., as sole bookrunner and lead underwriter, PI Financial Corp., Sprott Capital Partners LP, Laurentian Bank Securities Inc. and Maison Placements Canada Inc.

Peterson McVicar acted for Excellon Resources Inc. with a team that included James McVicar and Jonathan Clark.