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UNITED STATES

SAFETY AND EXCHANGES COMMISSION

Washington, D.C. 20549

Form 6-K

FOREIGN PRIVATE ISSUER REPORT PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of July 2022.

Commission file number 001-39491

EXCELLON RESOURCES INC.

(Translation of the declarant’s name in English)

10 KING STREET EAST, UNIT 200 TORONTO, ONTARIO, CANADA M5C 1C3

(Address of main executive office)

Indicate with a check mark whether the registrant files or will file annual returns under form 20-F or form 40-F. Form 20-F ☒ Form 40-F ☐

Indicate with a check mark if the filer is submitting the Form 6-K on paper, as permitted by ST Rule 101(b)(1): ____

To note: Rule 101(b)(1) of Regulation ST only permits paper submission of a Form 6-K if it is submitted solely to provide an attached annual report to securityholders.

Indicate with a check mark if the filer is submitting the Form 6-K on paper, as permitted by ST Rule 101(b)(7): ___

To note: ST Rule 101(b)(7) only permits the paper submission of a Form 6-K if it is submitted to provide a report or other document that the Listed Foreign Private Issuer must provide and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or incorporated (the registrant’s “home country”), or under the rules of the stock exchange of the country of origin on which the registrant’s securities are traded, so long as the report or other document is not a press release, is not required to be and has not been distributed to securityholders of the registrant and, if it deals with a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.

EXCELLON APPOINTS A NEW CHAIRMAN AND CHIEF EXECUTIVE OFFICER

Toronto, Ontario – July 12, 2022 – Excellon Resources Inc. (TSX: EXN; NYSE: EXN; and FRA: E4X2) (“Excellon” or the “Company”)
is pleased to announce the appointment of Shawn Howarth as President and Chief Executive Officer, effective July 28, 2022. Mr. Howarth will be appointed to the Board of Directors following the Annual General and Special Meeting of the company on August 12, 2022.

Mr. Howarth has over 22 years of experience in the mining industry spanning project appraisal, corporate finance, stakeholder relations and corporate strategy. Most recently, he was Vice President of Corporate Development for Harte Gold Corp., where he was instrumental in the development of the Sugar Zone mine and the eventual restructuring and sale of the business. Previously, Mr. Howarth worked in investment banking and mining advisory within the global mining and metals teams with Standard Chartered Bank and Gryphon Partners Canada. He holds an MBA from the Ivey School of Business and a Bachelor of Applied Science from Queen’s University.

“I am thrilled and energized to join the Excellon team at such a crucial time,” said Shawn Howarth, incoming President and CEO. “Excellon has the foundations for future growth, including strong leadership at the board and executive level, coupled with deep operational experience, particularly in Mexico. My short-term objective will be to optimize the asset portfolio and restore the company’s financial stability. I look forward to working with Excellon’s Board of Directors and all stakeholders on a collaborative basis to increase the sustainable value of the company. »

“We are delighted to welcome Shawn to Excellon as President and Chief Executive Officer,” said André Fortier, Chairman of the Board. “As part of a renewed perspective on corporate strategy as we cease operations at Platosa, we are establishing new leadership to position the company for its next phase of growth. Shawn will support this mandate, bringing to Excellon a wealth of experience and deep relationship base that will be particularly useful in the company’s ongoing business development strategy.

Mr. Fortier added, “We thank Brendan for his tireless leadership and commitment to the Company over the past 10 years. Brendan joined Excellon in 2012, leading the turnaround of our Platosa operation and developing strong relationships in Mexico, while assembling the company’s current portfolio of assets, including Kilgore and Silver City. Brendan has been an integral part of this leadership transition and the board will benefit from his continued support going forward. »

“We have a strong set of assets at Excellon and I believe their full value will be realized under the leadership of the company’s Shawn,” said Brendan Cahill, outgoing President and CEO. “I remain committed to supporting Excellon and the Board of Directors. My focus will be on ensuring a smooth transition and I look forward to supporting Shawn and the wider management team as a member of the Board. Mr. Cahill will remain on the Company’s Board of Directors.

Annual and special meeting of shareholders

The Company will hold its annual and special meeting of shareholders on August 12, 2022.

About Excelon

Excellon’s vision is to create wealth by realizing strategic opportunities through discipline and innovation for the benefit of our people, communities and shareholders. The Company is advancing a precious metals growth pipeline that includes: Kilgore, an advanced gold exploration project in Idaho with a strong economics and significant growth and discovery potential; an option on Silver City, a high-grade epithermal silver district in Saxony, Germany, with 750 years of mining history and no modern exploration; and Platosa, a high-grade silver mine in production in Mexico since 2005, scheduled to close in the third quarter of 2022, with an 11,000-hectare exploration program on the Carbonate Replacement Deposit (CRD) trend in Mexico. The Company is also actively seeking to capitalize on current market conditions by acquiring undervalued projects.

Additional details of Excellon’s properties are available at www.excellonresources.com.

For more information, please contact:

Excellon Resources Inc.

Brendan Cahill, President and CEO

(416) 364-1130

[email protected]

www.excellonresources.com

Forward-looking statements

The Toronto Stock Exchange has not reviewed and accepts no responsibility for the adequacy or accuracy of the contents of this press release, which was prepared by management. This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act and Section 27E of the Exchange Act. These statements include, but are not limited to, mineral resource estimates, future operating results, performance and achievements of the Company, including potential strategic transactions, timing, content, cost and results. proposed work programs, discovery and delineation of mineral deposits/resources/reserves, geological interpretations, proposed production rates, processes and potential rates of mineral recovery, business and financing plans, business trends and revenue from future operations. Although the Company believes these statements to be reasonable, it cannot guarantee that these expectations will prove to be correct. Forward-looking statements are generally identified by words such as: believe, expect, anticipate, intend, estimate, assume and similar expressions, or are those which by their nature refer to future events. The Company cautions investors that the Company’s forward-looking statements are not guarantees of future results or performance, and that actual results may differ materially from those in the forward-looking statements due to a variety of factors, including, but not limited thereto, variations in the nature, quality and quantity of mineral deposits that may be located, significant downward variations in the market price of the minerals produced, the inability of the Company to obtain permits, consents or authorizations necessary for its activities, to produce minerals from its properties successfully or profitably, to pursue its projected growth, to raise the necessary capital or to be fully able to implement its business strategies. All of the Company’s public disclosure documents are accessible via www.sedar.com and readers are encouraged to consult these documents. This press release is not and should not be construed as an offer to buy or sell securities in the United States.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be executed on its behalf by the undersigned, duly authorized thereto.

EXCELLON RESOURCES INC.
(Incumbent)
Date: July 12, 2022 By: /s/ Brendan Cahill
President and CEO

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