Globenewswireยท2025-07-10 21:42Core Viewpoint - Endeavour Silver Corp. has entered into a sales agreement to raise up to US$60 million through the sale of common shares over approximately 24 months, utilizing various financial agents for the offering [1][2]. Group 1: Offering Details - The offering will be conducted via a prospectus supplement to the existing U.S. registration statement and Canadian short form base shelf prospectus, both dated May 27, 2025 [2]. - The common shares will be sold at market prices prevailing at the time of each sale, with no sales occurring on the Toronto Stock Exchange [1][2]. - The company will pay the agents a compensation of 2.00% of the gross sales price per common share sold under the sales agreement [4]. Group 2: Use of Proceeds - Net proceeds from the offering will be used to advance the evaluation and development of the Pitarrilla and Parral properties, fund cash requirements during the ramp-up of operations at the Terronera project, assess potential acquisition opportunities, continue exploration at existing properties, and support working capital needs [3]. Group 3: 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 [6].