Value Microcaps Junior Miners

[Lone Clone]

For those who like EXN, here's a way to increase your leverage. I am likely not going to buy these warrants at the current price, but they will do really well if the common shares take off.

EXN.WT. $1.75 strike and a 2 yr term.

Excellon to list 5,760,870 warrants on July 26

2016-07-22 16:04 ET - Prospectus Approved



Excellon Resources Inc. will list 5,760,870 warrants at the open on July 26, 2016, for trading on the same day, according to the Toronto Stock Exchange. The TSX reports that the listing will cover warrants forming part of the company's prospectus offering of 11,521,740 units at $1.15 per unit. As stated in Excellon's July 19, 2016, short form prospectus, each unit will consist of one share and one-half warrant, with each whole warrant being exercisable at $1.75 per share until 5 p.m. (Toronto time) on the date that is 24 months after the closing of the offering. The shares and warrants forming the units will separate immediately on closing of the offering.

According to the TSX, the warrants will trade under the symbol EXN.WT and Cusip No. 30069C 13 2.

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