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Article: Excellon Reports Quarterly Profit of $1,268,957 and Annual Loss of $4,900,830.
- Article from:
- Marketwire Canada
- Article date:
- October 29, 2009
CopyrightCOPYRIGHT 2009 Canadian Corporate News. News Provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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TORONTO, ONTARIO, Oct 29, 2009 (Marketwire via COMTEX) -- Excellon Resources Inc. (TSX:EXN) (the "Company" or "Excellon") reports fourth quarter earnings of $1,268,957 and a net loss of $4,900,830 for the year ended July 31, 2009. (For full details, please see the Company's Management Discussion & Analysis and Audited Financial Statements, which were filed on SEDAR, www.sedar.com, on October 29, 2009.)
2009 Highlights:
- The Company returned to profitability in the second half of the year after successfully reorganizing its operations including its acquisition of Silver Eagle Mines Inc. (concluded on June 2)
- In Q4 shipped 2,993 dry metric ...