ir-world-logo irw-world-logo-bogen
facebook-logo youtubelogo twitterlogo googlepluslogo rsslogo linkedinlogo pinterestlogo xinglong
Endeavour Silver Corp. 14.06.2018

Endeavour Silver Announces At-The-Market Offering of up to US$35.7 Million


Vancouver, Canada – June 13, 2018 - Endeavour Silver Corp. (NYSE: EXK, TSX: EDR) (the “Company” or “Endeavour -,36622,VRIC_2017/?v=297273) is pleased to announce it has entered into a sales agreement dated June 13, 2018 (the “Sales Agreement”) with BMO Capital Markets (the lead agent), CIBC Capital Markets, H.C. Wainwright & Co., HSBC and TD Securities Inc. (together, the “Agents”) pursuant to which the Company may, at its discretion and from time-to-time during the term of the Sales Agreement, sell, through the Agents, such number of common shares of the Company (“Common Shares”) as would result in aggregate gross proceeds to the Company of up to US$35.7 million (the “Offering”). Sales of Common Shares will be made through “atthemarket distributions” as defined in the Canadian Securities Administrators’ National Instrument 44102Shelf Distributions, including sales made directly on the New York Stock Exchange (the “NYSE”), or any other recognized marketplace upon which the Common Shares are listed or quoted or where the Common Shares are traded in the United States. The Common Shares will be distributed at the market prices prevailing at the time of each sale and, as a result, prices may vary as between purchasers and during the period of distribution. No offers or sales of Common Shares will be made in Canada on the Toronto Stock Exchange (the “TSX”) or other trading markets in Canada.


The Offering will be made by way of a prospectus supplement dated June 13, 2018 to the Company’s existing US registration statement on Form F10 (the “Registration Statement”) and Canadian short form base shelf prospectus (the “Base Shelf Prospectus”), each dated April 10, 2018. The prospectus supplement relating to the Offering has been filed with the securities commissions in each of the provinces of Canada (other than Québec) and the United States Securities and Exchange Commission. The US prospectus supplement (together with a related Registration Statement) is available on the SEC's website ( and the Canadian prospectus supplement (together with the related Base Shelf Prospectus) will be available on the SEDAR website maintained by the Canadian Securities Administrators at Alternatively, BMO Capital Markets will provide copies of the US prospectus upon request by contacting BMO Capital Markets (c/o BMO Capital Markets Corp., Attention: Equity Syndicate Department, 3 Times Square, New York, NY 10036, or by telephone at (800) 414-3627, or by email:


Net proceeds of the Offering, if any, together with the Company’s current cash resources and free cash flow, will be used to advance its Terronera project and for general corporate purposes.


The Company will pay the Agents compensation, or allow a discount, of up to 2.25% of the gross sales price per Common Share sold under the Sales Agreement.


Sales under the Sales Agreement remain subject to necessary regulatory approvals, including the approval of the TSX and the NYSE.

This press release does not constitute an offer to sell or the solicitation of an offer to buy securities, nor will there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction.


About Endeavour Endeavour Silver Corp. is a mid-tier precious metals mining company that operates three highgrade, underground, silvergold mines in Mexico. The Company is forecasting 20% production growth to 10.211.2 million oz silver equivalent in 2018. Endeavour is currently developing its fourth highgrade, underground, silvergold mine in Mexico and has a compelling pipeline of exploration and development projects to facilitate its goal to become a premier senior silver producer. Our philosophy of corporate social integrity creates value for all stakeholders.


SOURCE Endeavour Silver Corp.


Contact Information

Galina Meleger, Director, Investor Relations

Toll free: (877) 685-9775

Tel: (604) 640-4804

Fax: (604) 685-9744




Cautionary Note Regarding Forward-Looking Statements


Some of the statements contained in this release are forwardlooking statements within the meaning of the United States Securities Act of 1933, as amended, and the United States Securities Exchange Act of 1934, as amended, and forwardlooking information within the meaning of Canadian securities laws, such as statements that describe the anticipated offering of securities under the Companys Base Shelf Prospectus and Registration Statement, the anticipated use of proceeds from any offering made under the Companys Base Shelf Prospectus and Registration Statement, and other statements. Since forwardlooking statements are not statements of historical fact and address future events, conditions and expectations, forwardlooking statements by their nature inherently involve unknown risks, uncertainties, assumptions and other factors well beyond the Companys ability to control or predict. Actual events, results and developments may differ materially from those contemplated by such forwardlooking statements. Material factors that could cause actual events to differ materially from those described in such forwardinglooking statements include risks related to the Companys condition requiring anticipated use of proceeds to change, timing of, and ability to obtain, required regulatory approvals, and general economic and regulatory changes.


These forwardlooking statements represent the Companys views as of the date of this release. There can be no assurance that forwardlooking statements will prove to be accurate, as actual events and future events could differ materially from those anticipated in such statements. Readers should not place undue reliance on any forward-looking statements.

> Endeavour Silver Corp., weitere Meldungen...