Brief: Excellon Reports Qtrly Net Loss of $0.04 share

Excellon Resources

21/03/2019 08:43

March 21 (Reuters) - Excellon Resources Inc  EXN.TO :
    * EXCELLON REPORTS 2018 ANNUAL AND FOURTH QUARTER FINANCIAL
RESULTS
    * QTRLY  PRODUCTION OF 509,043 AGEQ OUNCES (Q4 2017 -
475,007 AGEQ
OUNCES)
    * QTRLY REVENUE OF $6.0 MILLION VERSUS $7.1 MILLION LAST
YEAR
    * QTRLY  NET LOSS $0.04/SHARE
    * IN ADVANCE OF CHANGE IN FED GOVERNMENT IN MEXICO IN DEC
2018,CO
RECOGNIZED A DETERIORATION IN SECURITY AROUND MIGUEL AUZA,
LOCATION OF CO'S PROCESSING FACILITY
    * PRELIMINARY INVESTIGATION OF THREATS UNCOVERED SCHEME
INVOLVING
THEFT OF CONCENTRATE BY CRIMINAL ELEMENTS WHILE IN TRANSIT FROM
MIGUEL AUZA TO MANZANILLO
    * AMOUNT AND VALUE OF CONCENTRATE STOLEN REMAINS UNCERTAIN
    * WORKING WITH MEXICAN AUTHORITIES TO IMPROVE SECURITY
REGIONALLY
AROUND MIGUEL AUZA; SECURITY SITUATION IN AREA APPEARS TO HAVE
CALMED

Source text for Eikon:  urn:newsml:reuters.com:*:nCNWSWRGqa
Further company coverage:  EXN.TO 

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