Endeavour Silver announces $60M offering of common stock

Endeavour Silver announces it has entered into a sales agreement dated June 27 with BMO Capital Markets, CIBC World Markets Inc., TD Securities LLC, H.C. Wainwright & Co., LLC, B. Riley Securities, Inc., Raymond James Ltd. and National Bank of Canada Financial pursuant to which the company may, at its discretion and from time-to-time during the 25 month term of the Sales Agreement, sell, through the Agents, such number of common shares of the company as would result in aggregate gross proceeds to the company of up to $60M. Sales of Common Shares will be made through “at the market distributions” as defined in the Canadian Securities Administrators’ National Instrument 44-102 – Shelf Distributions, including sales made directly on the New York Stock Exchange, 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 or other trading markets in Canada.