NOTE TO READER – The news release of Endeavour Silver Corp. dated January 16, 2026, (the “News Release”) has been re-filed on SEDAR. The previously filed News Release had a typographical error on page 3 with respect to the AISC for Terronera. The consolidated AISC remains the same as the previously filed News Release. This news release replaces the previously filed News Release. VANCOUVER, British Columbia, Jan. 16, 2026 (GLOBE NEWSWIRE) -- Endeavour Silver Corp. (“Endeavour” or the “Company”) (NYSE: EXK; T ...

Core Viewpoint - Endeavour Silver Corp. has announced its consolidated production and cost guidance for 2026, highlighting a significant ramp-up in production from its Terronera, Guanaceví, and Kolpa mines, alongside planned capital and exploration expenditures [1][5]. Production and Cost Guidance - Silver production is projected to be between 8.3 and 8.9 million ounces, with gold output expected to range from 46,000 to 48,000 ounces. The Kolpa mine is anticipated to produce 22,000 to 24,000 tonnes of lead, 16,000 to 18,000 tonnes of zinc, and 650 to 750 tonnes of copper, contributing to a total of 14.6 to 15.6 million silver equivalent ounces [2][3]. - Consolidated cash costs for 2026 are estimated to be between $12.00 and $13.00 per payable silver ounce, while all-in sustaining costs (AISC) are projected at $27.00 to $28.00 per ounce, net of by-product credits [4][15]. Mine-Specific Details - At Terronera, throughput is expected to be 1,950 to 2,050 tonnes per day, with cash costs and AISC anticipated to be below company-wide averages due to higher production and improved efficiencies [7]. - Guanaceví's throughput is projected at 1,000 to 1,100 tonnes per day, with slightly lower grades expected, leading to a slight increase in cash costs and AISC compared to 2025 [8]. - Kolpa is forecasted to achieve throughput of 2,300 to 2,500 tonnes per day, with improvements in cash costs and AISC due to higher production and stronger base metal prices [9]. Capital Expenditures - The company plans to invest $91.0 million in sustaining capital across its mines, with significant allocations for mine development and infrastructure enhancements at Terronera and Guanaceví [21][22]. - At Kolpa, $26.5 million will be invested, including $16.7 million for growth capital to support a plant expansion aimed at increasing capacity [23]. Exploration Plans - Endeavour plans to allocate $25.9 million for exploration activities across various projects, including significant drilling programs at Terronera, Guanaceví, and Kolpa [26][27].

VANCOUVER, British Columbia, Jan. 15, 2026 (GLOBE NEWSWIRE) -- Endeavour Silver Corp. (“Endeavour” or the “Company”) (NYSE: EXK; TSX: EDR) is pleased to announce the completion of the sale of the Bolañitos silver and gold mine (the “Bolañitos Mine”) to Guanajuato Silver Company Ltd. (“Guanajuato Silver”) (TSXV: GSVR) pursuant to a share purchase agreement (the “Agreement”) previously announced on November 24, 2025 (the “Sale”). “The sale of the Bolañitos Mine marks an exciting milestone for Endeavour as we ...

Core Viewpoint - Endeavour Silver Corp. reported strong growth in 2025, achieving record silver equivalent production and successfully ramping up operations at the Terronera mine [2][4]. Production Overview - Full year 2025 production included 6,486,661 silver ounces and 37,164 gold ounces, resulting in a silver equivalent production of 11.2 million ounces [1][13]. - Fourth quarter 2025 production was 2,030,206 silver ounces and 13,785 gold ounces, with silver equivalent production of 3.8 million ounces [1][12]. Q4 2025 Mine Operations - Consolidated silver production in Q4 2025 was 2,030,206 ounces, a 146% increase compared to Q4 2024, attributed to the addition of Kolpa and Terronera production [4][12]. - Consolidated gold production was 13,785 ounces, a 52% increase from Q4 2024, driven by higher output from Terronera and increased production at Guanaceví [5][12]. Terronera Mine Performance - Terronera achieved commercial production on October 1, 2025, with a throughput of 154,180 tonnes, producing 352,002 ounces of silver and 8,148 ounces of gold [6][7]. - The average grades for silver and gold during Q4 2025 were 86 g/t and 2.27 g/t, respectively, with a focus on lower-grade areas to align with production ramp-up plans [6][8]. Guanaceví and Kolpa Performance - Guanaceví's throughput was 78% higher than Q4 2024, resulting in a 22% increase in silver production despite lower grades [9][12]. - Kolpa's throughput was 198,830 tonnes, producing 631,867 ounces of silver, with average grades of 108 g/t [10][18]. Bolañitos Mine Sale - A definitive agreement was reached to sell the Bolañitos mine for $30 million in cash and $10 million in shares, with potential contingent payments based on production milestones [7][11]. Financial Highlights - The company completed a $350 million convertible notes offering, which will be used to advance the Pitarrilla project and for general corporate purposes [7][12].

Core Viewpoint - Endeavour Silver Corp. has successfully closed a US$350 million offering of 0.25% unsecured convertible senior notes due 2031, which includes a full exercise of a US$50 million option granted to initial purchasers [1] Group 1: Offering Details - The offering consists of US$350 million aggregate principal amount of 0.25% unsecured convertible senior notes due 2031 [1] - The initial conversion rate for the notes is 80.2890 common shares per US$1,000 principal amount, translating to an initial conversion price of approximately US$12.4550 per share [1] Group 2: Use of Proceeds - The net proceeds from the offering will be used to repay the senior secured debt facility with ING Capital LLC and Societe Generale [2] - Funds will also be allocated to advance the Pitarrilla project located in Durango State, Mexico, and for general corporate purposes, including strategic opportunities [2] Group 3: Company Overview - Endeavour Silver is a mid-tier silver producer with four operating mines in Mexico and Peru, along with a robust pipeline of exploration projects across Mexico, Chile, and the United States [5] - The company has a proven track record in discovery, development, and responsible mining, aiming to drive organic growth and create lasting value [5]

Core Viewpoint - Endeavour Silver Corp. has announced the pricing of its offering of unsecured convertible senior notes due 2031, aiming to raise US$300 million, potentially increasing to US$350 million if the over-allotment option is fully exercised [1][2]. Summary by Sections Offering Details - The company plans to issue US$300 million in aggregate principal amount of convertible senior notes, with a potential increase to US$350 million if the initial purchasers exercise their option [1]. - The notes will bear a cash interest rate of 0.25% per annum, with an initial conversion rate of 80.2890 common shares per US$1,000 principal amount, translating to an initial conversion price of approximately US$12.4550 per share, representing a 32.5% premium over the current market price [2]. Use of Proceeds - The net proceeds from the offering will be utilized to repay the senior secured debt facility with ING Capital LLC and Societe Generale, to advance the Pitarrilla project in Durango State, Mexico, and for general corporate purposes, including strategic opportunities [1]. Closing Conditions - The offering is expected to close around December 4, 2025, pending customary closing conditions, including approvals from the Toronto Stock Exchange and the New York Stock Exchange [3]. Company Overview - Endeavour Silver is a mid-tier silver producer operating four mines in Mexico and Peru, with a strong pipeline of exploration projects across Mexico, Chile, and the United States, focusing on organic growth and value creation [6].

Core Viewpoint - Endeavour Silver Corp. is offering US$300 million in unsecured convertible senior notes due 2031 to raise funds for debt repayment, project advancement, and general corporate purposes [1][2]. Group 1: Offering Details - The offering consists of US$300 million aggregate principal amount of unsecured convertible senior notes, with an option for initial purchasers to buy an additional US$45 million [1]. - The notes will bear cash interest semi-annually at a fixed rate and are convertible into Endeavour common shares [3]. - The offering is subject to customary closing conditions, including approvals from the Toronto Stock Exchange and the New York Stock Exchange [4]. Group 2: Use of Proceeds - The net proceeds from the offering will be used to repay the senior secured debt facility with ING Capital LLC and Societe Generale, fund the Pitarrilla project in Durango State, Mexico, and for general corporate purposes [2]. Group 3: Regulatory and Compliance Information - The notes and shares will not be registered under the U.S. Securities Act and will only be offered to qualified institutional buyers [5]. - The offering does not constitute an offer to sell or solicitation in jurisdictions where such actions are unlawful [6]. Group 4: Company Overview - Endeavour Silver is a mid-tier silver producer with four operating mines in Mexico and Peru, and a pipeline of exploration projects across Mexico, Chile, and the United States [7].

Core Insights - Endeavour Silver Corp. reported strong financial and operational results for Q3 2025, with significant increases in production and revenue, highlighting operational excellence and future growth potential [2][4]. Financial Overview - Silver ounces produced in Q3 2025 reached 1,766,926, a 102% increase from Q3 2024, while gold production decreased by 22% to 7,285 ounces [4][5]. - Silver equivalent production was 3,037,156 ounces, an 88% year-over-year increase [4][5]. - Revenue from operations was $111.4 million, a 109% increase compared to $53.4 million in Q3 2024 [6]. - Operating cash flow before working capital changes was $39.7 million, up 102% from $19.6 million in Q3 2024 [6][11]. - Adjusted EBITDA for Q3 2025 was $28.2 million, compared to $13.9 million in the same quarter of 2024, reflecting higher metal prices and contributions from new operations [5][6]. Production Costs - Cash costs per silver ounce were $18.09, a 59% increase from $11.35 in Q3 2024, driven by higher royalties and costs of third-party materials [9][10]. - All-in sustaining costs (AISC) per ounce rose to $30.53, an 18% increase from $25.82 in Q3 2024, influenced by higher corporate costs and cash costs [10][11]. - Direct operating costs per tonne increased to $144.88, slightly higher than $138.54 in Q3 2024, due to the addition of Kolpa and lower throughput at Bolañitos [8][10]. Operational Highlights - The company achieved commercial production at the Terronera mine in October 2025, with the plant exceeding 90% of its designed capacity during Q3 2025 [5][6]. - Processed tonnes increased to 400,245, a 129% increase from 175,065 tonnes in Q3 2024 [4][6]. Earnings and Losses - The company reported a net loss of $42.0 million for Q3 2025, compared to a net loss of $17.3 million in Q3 2024, primarily due to losses on derivative contracts [14][15]. - Adjusted net loss was $2.1 million, a significant decline from adjusted net earnings of $1.6 million in Q3 2024 [15][16].

Core Viewpoint - Endeavour Silver Corp. has achieved commercial production at the Terronera mine in Jalisco, Mexico, effective October 1, 2025, marking a significant milestone for the company [1][4]. Production and Operations - The Terronera mine has successfully ramped up operations, consistently exceeding 90% of its designed capacity of 2,000 tonnes per day and achieving at least 90% of projected metal recoveries during the commissioning phase [2]. - Since July 1, 2025, the mine has operated for 100 days with only eight days of downtime, demonstrating strong metal recoveries since mid-August [3]. Future Outlook - The company forecasts throughput of approximately 360,000 tonnes over the next six months, with average grades estimated at 122 g/t silver and 2.52 g/t gold. Higher grade zones are expected to be accessed by mid-2026, which will likely enhance production further [6]. - Annualized production and cost guidance for the Terronera mine is planned to be issued in January 2026 [6]. Company Profile - Endeavour Silver is a mid-tier silver producer with four operating mines in Mexico and Peru, along with a robust pipeline of exploration projects across Mexico, Chile, and the United States. The company aims to drive organic growth and create lasting value on its path to becoming a leading senior silver producer [8].

Core Viewpoint - Endeavour Silver Corp. reported strong production results for Q3 2025, with significant increases in silver production and a positive outlook for future growth as operations at the Terronera mine approach commercial production [1][2][3]. Q3 2025 Production Overview - Consolidated silver production reached 1,766,926 ounces, a 102% increase compared to Q3 2024, driven by the addition of the Kolpa mine and improved grades at Bolañitos [3][9]. - Gold production was 7,286 ounces, a 22% decrease from Q3 2024, primarily due to lower output at the Bolañitos mine [3][9]. - Silver equivalent production totaled 3.0 million ounces, reflecting a strong operational performance across the portfolio [1][9]. Mine Operations - Guanaceví's throughput increased by 48% compared to Q3 2024, despite lower silver and gold grades, resulting in a 33% increase in silver production and a 13% increase in gold production [4][11]. - Bolañitos experienced a 3% decrease in mill throughput, with silver grades 39% higher but gold grades 32% lower compared to the previous year [5][11]. - Kolpa processed 195,752 tonnes, producing 598,689 ounces of silver, contributing to a silver equivalent production of 1,286,139 ounces [6][11]. Financial and Sales Highlights - In Q3 2025, the company sold 1,762,484 silver ounces and 7,478 gold ounces, with inventories of 207,512 silver ounces and 600 gold ounces at the end of the quarter [8][9]. - For the nine months ended September 30, 2025, silver production totaled 4,456,455 ounces, a 22% increase from the same period in 2024 [10][12]. Terronera Update - The Terronera mine is nearing commercial production, achieving average recoveries of 82.8% for silver and 72.3% for gold in September [8][17]. - Operations faced temporary disruptions due to electrical issues but resumed successfully, with ongoing monitoring as the company approaches commercial production [18][19]. Company Overview - Endeavour Silver is a mid-tier precious metals company focused on sustainable mining practices, with operations in Mexico and Peru, and aims to become a premier senior silver producer [20].