ENDEAVOUR SILVER CORP

Endeavour completed the sale of the Bolanitos mine, finishing the deal announced in November 2025. Bolanitos is no longer held. Only the headline and cover form are shown, so the proceeds are not given.

asset acquisition disposition

Endeavour completed a US$350 million offering of convertible senior notes, finishing the offering launched on December 1, 2025. The notes can convert into shares, which would dilute holders if converted (inference). Only the headline and cover form are shown, so the rate, maturity and conversion price are not given.

debt financing

Endeavour announced it priced its convertible senior notes offering launched the day before. Only the headline and cover form are shown, so the pricing terms are not given.

debt financing

Endeavour launched an offering of convertible senior notes, which is debt that can convert into shares. Only the headline and cover form are shown, so the size, rate and terms are not given.

debt financing

Endeavour announced a definitive agreement to sell the Bolanitos gold-silver mine in Mexico to Guanajuato Silver. Bolanitos was one of its two operating mines in the earlier context. Only the headline and cover form are shown, so the price and conditions are not given.

asset acquisition disposition

Endeavour announced commercial production at Terronera, which resolves the thread that began with the 2023 construction decision. Only the headline and cover form are shown, so production rates and costs are not given.

production update

Endeavour announced another at-the-market offering of up to US$60 million, under which it can sell new shares over time. Selling shares dilutes existing holders to the extent it is used. Only the headline and cover form are shown, so the terms and use of proceeds are not given.

capital raising announcement

Endeavour amended and restated its project loan credit facility to add a US$15 million additional credit facility. This appears to be the Terronera project loan, though that is an inference. Only the headline and cover form are shown, so other terms are not given.

debt financing

Endeavour completed its acquisition of Minera Kolpa, a new asset that does not appear in earlier context. Only the headline and cover form are shown, so the price, location and terms are not given.

business combination

Endeavour closed a US$45 million bought deal financing, which means new shares were sold and existing holders are diluted. Only the headline and cover form are shown, so the price, share count and use of proceeds are not given.

capital raising announcement

Endeavour closed a US$73 million bought deal financing, which means new shares were sold and existing holders are diluted. Only the headline and cover form are shown, so the share price, share count and use of proceeds are not given.

capital raising announcement

Endeavour announced the first drawdown on the Terronera senior secured debt facility, the facility it agreed a commitment letter for in April 2023. Only the headline and cover form are shown, so the amount drawn is not given.

debt financing

Endeavour set up a new at-the-market program of up to US$60 million with BMO Capital Markets and other agents, running 25 months, with a 2.00% agent commission. Selling shares dilutes existing holders. Proceeds are to fund Terronera construction, Pitarrilla and Parral evaluation, possible acquisitions, exploration and working capital. Sales are on the NYSE only, not in Canada.

capital raising announcement

Endeavour announced an at-the-market offering of up to US$60 million, under which it can sell new shares over time. Selling shares dilutes existing holders to the extent it is used. Only the headline and cover form are shown, so the terms and use of proceeds are not given. It follows the 2020 at-the-market programs (inference on any link to Terronera funding).

capital raising announcement

Endeavour announced a construction decision for the Terronera project in Jalisco and a commitment letter for a US$120 million senior secured debt facility, per the headline. This resolves the open question of whether Terronera would be built after the October 2021 feasibility study. Only the headline and cover form are shown, so the facility terms, lenders and budget are not given.

production update

Endeavour said it surpassed the upper range of its production guidance, delivering 9.0 million silver equivalent ounces in 2022. Only the title and opening line are shown, so the breakdown and the guidance range are not given.

production update

Endeavour announced an initial mineral resource estimate and filed an NI 43-101 technical report for the Pitarrilla project in Durango, the project it announced acquiring in January 2022. Only the title and cover form are shown, so the resource figures are not given.

resource reserve update

Endeavour closed a US$46 million bought deal financing, including a US$6 million over-allotment option exercised in full. Selling new shares dilutes existing holders. Only the title and cover form are shown, so the share price, number of shares and use of proceeds are not given. It follows the January 2022 Pitarrilla acquisition announcement (inference on any link).

capital raising announcement

Endeavour announced it would acquire the Pitarrilla Project, described in the headline as one of the world's largest undeveloped silver projects. Only the title and cover form are shown, so the price, financing and terms are not given.

business combination

Endeavour announced the filing of the NI 43-101 technical report on the Terronera feasibility study in Jalisco. Only the title and cover form are shown, so economics, reserves and capital cost are not given. It accompanies the technical report filed the same day.

resource reserve update

Endeavour filed the NI 43-101 technical report on the Terronera feasibility study (with consents of the qualified persons), the study awarded to Wood plc in September 2020. This filing only lists the exhibits; the study's results are not shown in the text.

resource reserve update

Endeavour produced 1,305,399 oz silver and 10,541 oz gold, about 2.1 million oz silver equivalents, in Q3 2021, and raised its 2021 production guidance to 7.7-8.0 million oz silver equivalents. This is a raised outlook for the year; the previous guidance figure is not in the context.

production update

Endeavour completed the acquisition of the Bruner Gold Project in Nye County, Nevada, closing the deal agreed in July 2021. Only the title and cover form are shown, so the price and terms are not given.

business combination

Endeavour signed an agreement to acquire the Bruner Gold Project in Nye County, Nevada, which would be its first asset in the US and a gold project beyond its Mexican silver base. Only the title and cover form are shown, so price and terms are not given.

business combination

Endeavour closed the sale of the El Cubo mine to VanGold Mining, completing the deal agreed in December 2020 and signed definitively in March 2021. Only the title and cover form are shown, so the cash received and contingent payment terms are not given.

asset acquisition disposition

Endeavour signed a definitive agreement to sell the El Cubo mine in Guanajuato to VanGold Mining, firming up the deal first announced in December 2020 at US$15 million plus contingent payments. The headline also says Endeavour will be added to the S&P/TSX Composite and NYSE Arca Gold Miners (GDX) indices. Only the title and cover form are shown, so the final terms and index details are not given in the text.

asset acquisition disposition

Endeavour reported updated mineral reserve and resource estimates for 2020. Only the title and cover form are shown, so no figures are available to compare with earlier estimates.

resource reserve update

Endeavour agreed to sell the El Cubo mine in Guanajuato to VanGold Mining Corp. for US$15 million plus additional contingent payments. El Cubo was bought from AuRico in 2012 as part of a deal worth up to US$250 million, so this is a sale at a much lower headline price. The contingent payment terms are not given in the text shown, and the deal is not yet shown as closed.

asset acquisition disposition

Endeavour announced a second at-the-market offering, this one up to US$60 million, following the US$23 million program of May 2020. Selling shares into the market would dilute existing holders as it is used. Only the title and cover are shown, so terms and use of proceeds are not given.

capital raising announcement

Endeavour appointed Don Gray as COO and awarded the feasibility study for Terronera to Wood plc. Only the title and cover form are shown, so the study scope, cost and timing are not given. This moves Terronera beyond the prefeasibility stage.

resource reserve update

Endeavour filed an updated prefeasibility study technical report for the Terronera project (Jalisco), the property that grew out of the San Sebastián drilling. Only the title and cover form are shown, so no economics, reserves or capital costs are given.

resource reserve update

Endeavour announced an at-the-market offering of up to US$23 million, meaning it can sell new shares into the market over time. This would dilute existing holders as shares are sold, and it follows the April 2020 operations suspension (inference on timing link). Only the title and cover are shown, so terms and agents are not given.

capital raising announcement

After the Mexican government declared COVID-19 a national health emergency with only essential services open, Endeavour is suspending its Mexican mining operations until April 30, 2020. Only the title and cover form are shown, so the production and cost impact is not given.

regulatory community update

Endeavour released updated NI 43-101 silver and gold reserve and resource estimates. Only the title and cover form are shown, so no figures are available to compare with the 23.848 Moz silver reserves reported in 2012.

resource reserve update

Endeavour raised its 2013 production guidance to 6.0 million oz silver and 68,000 oz gold (10.0 million oz silver equivalents), with no change to cash cost guidance. This is up from the 4.3 Moz silver and 26,000 oz gold guidance set in early 2012 before El Cubo, though the filing text shown does not give the prior 2013 figure.

production update

Endeavour issued its own reserve and resource estimate for El Cubo (to June 1, 2012): 7.04 million oz silver and 112,100 oz gold in proven and probable reserves, lifting company silver reserves 42% to 23.848 million oz. It says this is far fewer tonnes at higher grades than AuRico's figures (it was more conservative, and dropped Las Torres because the lease expires next year), yet still adds value per share. It plans over 50,000 m of drilling at El Cubo over two years (10,000 m in 2012), and will treat Guadalupe y Calvo as an exploration project and not rely on AuRico's historic estimate. The existing Guanajuato mine is renamed Bolanitos. El Cubo currently produces about 200,000 oz silver per quarter at cash costs of US$9-10 per oz of silver. These El Cubo reserves are far below the 18.5 million oz AuRico had reported, so the April deal rationale is contradicted on size.

production update

Endeavour completed the purchase of El Cubo and Guadalupe y Calvo from AuRico, paying US$200 million: US$100 million cash and US$100 million in 11,037,528 new Endeavour shares (deemed price $9.06). AuRico now holds about 11% of Endeavour's shares and may still receive up to US$50 million in cash if certain events occur over three years. This resolves the April pending deal and dilutes existing holders by about 11%, contrary to the earlier hope of little or no dilution (the share part was at Endeavour's election, and it chose the maximum).

asset acquisition disposition

Endeavour signed a definitive agreement to buy 100% of AuRico Gold's El Cubo mine (Guanajuato) and the Guadalupe y Calvo exploration project (Chihuahua) for up to US$250 million. At closing it pays US$200 million, with up to US$100 million in Endeavour shares (at its election) and the rest in cash, plus up to US$50 million more in cash on certain events within three years. The company says it has about US$170 million of working capital and is arranging a bank credit line for the maximum cash needed; closing needs regulatory approvals, including Mexican competition review, and is expected within 45 business days. This is the company's largest deal in this history and adds a third mine near its existing Guanajuato mine.

business combination

Endeavour reported record Q1 2012 production of 1,072,491 oz silver (up 19%) and 6,321 oz gold (up 26%), with revenue up 39% to US$49.0M. It holds 925,100 oz silver and 3,927 oz gold in inventory rather than selling at what it called depressed prices. The final reserve and resource report to Dec 31, 2011 (Micon) made only minor Guanajuato adjustments, closing the pending update: proven and probable reserves are 16.8 Moz silver and 67,500 oz gold. Management keeps 2012 guidance of 4.3 Moz silver and 26,000 oz gold. The Lucero South ramp connected to the Lucero Main workings, and the new power line to Guanacevi was energized.

resource reserve update

Endeavour's 2011 exploration review says it drilled 71,440 m in 315 holes and found new veins at Guanajuato (La Joya, Belen), a new Milache discovery at Guanacevi, and moderate-grade zones at San Sebastián. The Chile properties (La Presidenta, Lomas Bayas) disappointed and the company plans to drop those options. A $15.0M, 70,000 m, 250-hole program is planned for 2012, with the long-awaited reserve/resource update said to be due in a few weeks. Guanajuato is to be expanded from 1,000 to 1,600 tpd in 2012, and landholdings are now 2,538 ha at Guanajuato and 4,076 ha at Guanacevi.

drilling result

Drilling east of the Lucero-Karina-Fernanda-Daniela area found two new silver-gold veins at Guanajuato: La Joya (463 gpt silver, 6.83 gpt gold over 2.00 m, hole LJ15S-1) and Belen (497 gpt silver, 5.19 gpt gold over 1.08 m, hole BL0-3). Endeavour says it expects a substantial increase in Guanajuato reserves and resources at year-end, which should allow expansion from 1,000 to 1,600 tpd in 2012. It also states the plant expansion (600 to 1,600 tpd) was completed on time and budget in 2011, with throughput reaching 1,000 tpd in October, which fulfils the Q3 2011 expansion plan noted earlier.

drilling result

Endeavour's 2010 exploration review says it drilled about 41,400 m in 148 holes and plans a $9.2 million, 47,000 m, 175-hole program for 2011. It says it has commenced a major expansion of the Guanajuato plant to 1,000 tonnes per day in Q3 2011, which settles the open question of the 2011 expansion decision. The next reserve and resource update is expected in a few weeks, and an updated combined El Cometa/San Juanico resource is expected shortly. Management plans to seek a partner or buyer for Arroyo Seco, saying it lacks enough silver potential to interest Endeavour, and surface drilling is to start at San Sebastián.

drilling result

Endeavour's revised Cdn$0.12-per-share takeover bid for Cream Minerals expired on December 7, 2010 because its conditions were neither met nor waived, so it was terminated and no tendered shares will be taken up. Endeavour instead invited Cream to a property deal on Nuevo Milenio: US/Cdn amount not specified in the text, $5 million cash for 50%, a firm $1.5 million of exploration in the first 12 months for a 51% total, a further $3.5 million option over 2 years, and after $5 million of exploration an option to pay $2.5 million for 70% in total. This ends the hostile bid thread and replaces it with a proposal that needs both boards, a formal agreement and TSX-V approval.

business combination

Drilling at Guanajuato found two new high-grade silver-gold veins, Karina and Fernanda, in the footwall of the Lucero vein. Best results include 421 gpt silver and 3.56 gpt gold over 2.03 m true width (hole KA-10A). Because both lie within 100 m of the Lucero South mine being developed for production next year, engineers plan to develop them as part of it. Management says it is now considering a major mine and plant expansion at Guanajuato in 2011, building on the Lucero results and the earlier 600/800 tpd expansion plans.

drilling result

Endeavour formally launched its Cdn$0.12 per share cash offer for Cream Minerals, open until 8:00 a.m. Pacific on November 9, 2010 unless extended or withdrawn. The offer is conditional on at least 50.1% of shares being deposited, no material adverse change, and no material change in the status of the Nuevo Milenio Property. Endeavour says Cream's board rejected five separate offers, including one on September 25, 2010, after Cream had turned down a June 2009 cash-and-shares offer for the property, so Endeavour went directly to shareholders. The offer price per share is the only cost figure given; no total is stated. This continues the September 27 announcement.

business combination

Endeavour announced it intends to make an all-cash offer of Cdn$0.12 per share for all of Cream Minerals (TSX-V: CMA), a 76% premium to its 10-day average price of $0.068. About 88.3 million Cream shares are estimated outstanding, and the offer needs at least 50.1% of shares on a fully diluted basis deposited. Cream's main asset is the Nuevo Milenio exploration property in Nayarit State. This is a new thread: the first announced takeover bid by Endeavour, outside its earlier option deals, and it is only an intention at this point, not yet a formal offer.

business combination

Endeavour took an option to buy the San Sebastián silver-gold properties (3,320 hectares) in Jalisco State from IMMSA (Grupo Mexico). It opens a third area of Mexican exploration alongside Guanacevi and Guanajuato, although the Parral project already existed. To own 100% it must pay US$2.75 million cash and spend US$2.0 million on exploration over three years, and IMMSA keeps a 2% royalty on production. The properties surround the small operating Santa Quiteria mine. The CEO calls this the first step in a 2010 acquisition strategy, with exploration fieldwork starting shortly and drill targets readied later in the year.

business combination

Further drilling at Porvenir Cuatro near Guanacevi kept hitting high-grade silver-gold, with the best new hole PC50-3 at 727 gpt silver and 1.51 gpt gold over 3.44 m true width. The zone is now outlined by 11 holes over 200 m long by 200 m deep and is still open. Management approved a 75% increase in the 2009 exploration budget, with 5 more holes planned in Q4 2009 (16 already done) and a resource estimate and mine planning targeted by year-end. Early leach tests on four samples recovered an average of 81.9% of silver and 79.2% of gold before optimization. This follows the September 2009 discovery and the June 2009 option purchase. Third-quarter results are due November 10, 2009, with a call on November 12.

drilling result

Endeavour closed its public share offering (announced September 17, 2009), including the full over-allotment option, for about $18.5 million gross. It sold 6,152,500 units at $3.00, each with one share and half a warrant exercisable at $3.60 for 24 months; agents got a 6% cash commission plus agent warrants for 369,150 shares at $3.00. Proceeds are to expand exploration drilling, speed up mine development at both mines, refurbish and expand circuits at the Guanacevi plant, and evaluate a possible Guanajuato plant expansion. This is much larger than the roughly CA$3 million raised at CA$1.30 in early 2009, and it adds new shares and warrants for existing holders to be diluted by (the dilution is an inference; the filing does not discuss it). The filing does not say whether the Canadian prospectus mentioned earlier in context was this offering.

capital raising announcement

First drilling at the newly acquired Porvenir Cuatro property near Guanacevi found a new high-grade silver-gold zone. Best hole PC50-2 returned 713 gpt silver and 3.85 gpt gold over 5.67 m true width. The zone is open along strike and down dip, and a 5,200 m, 16-hole Phase II program has been approved and is underway. Porvenir Dos is stated to be in development for production in Q4 2009. This follows the June 2009 option acquisition of the property.

drilling result

The Lucero vein at Guanajuato, found in September 2008, has been in production since March 2009 and now supplies about half of the ore at the mine, per the CEO. Mining drifts show averages of 270 gpt silver and 2.58 gpt gold over 2.8 m, and 238 gpt silver and 2.46 gpt gold over 2.1 m. The CEO says Guanajuato silver production and cash costs are beating the year's forecast. Management has committed to expanding the plant 20% to 600 tonnes per day this quarter at about $250,000, and is planning a possible 800 tonnes per day expansion next year. This follows the December 2008 plan for 500 tpd and the Lucero development start.

drilling result

Updated estimates to December 31, 2008 show proven and probable reserves of 7.8 million oz silver (9.6 million oz silver-equivalent), indicated resources of 19.5 million oz silver and inferred resources of 19.5 million oz silver. Total silver-equivalent reserves and resources are up 24% on a year earlier after replacing 2008 mining depletion. Reserves are lower than the 14.9 million oz reported a year ago, though that figure is not directly comparable because it used different assumptions. Lucero and San Jose at Guanajuato went from discovery to initial production in January 2009. San Pedro near Guanacevi has initial resources, and the Cometa zone at Parral was re-estimated. This delivers the updated Guanajuato and Guanacevi estimates expected after year-end.

resource reserve update

Endeavour closed CA$14 million of five-year 10% subordinated unsecured convertible redeemable debentures. That is more than the CA$8 million first announced and fits within the CA$12 million maximum if the oversubscription right was used (inference: it was). The filing gives no new use of proceeds; the January notice said equipment, mine development, plant upgrades and general purposes. The debentures add interest-bearing debt and could convert into shares at CA$1.90 per the January terms.

capital raising announcement

Endeavour gave notice of a proposed private placement of CA$8 million of 10% unsecured subordinated convertible debentures due 2014, with a right to take up to 4,000 more debentures (CA$4 million). Each CA$1,000 debenture converts at CA$1.90 into about 526 shares plus about 263 warrants at CA$2.05. Proceeds are for mining equipment, underground access and plant upgrades at Guanacevi and Guanajuato, and general corporate purposes. This is the company's first disclosed debt, following the small equity raise at CA$1.30 in December 2008/January 2009. (The release states a closing date of 'on or before February 20, 2008', which looks like a typo for 2009.)

capital raising announcement

Drilling extended the Alex Breccia zone at Guanacevi about 150 m along strike and more than 200 m deep, with best results of 670 gpt silver, 0.71 gpt gold and 4.9% combined lead-zinc over 5.18 m (BAU-12). The company is building ramp access with production targeted for Q1 2009, when it would become the second operating mine at Guanacevi, and an updated resource estimate for Guanacevi is being prepared for Q1 2009. This is the first of three new mines the CEO says are scheduled at Guanacevi in 2009.

drilling result

Endeavour closed about CA$3 million of the placement announced December 17: 2,311,540 special warrants at CA$1.30, including 1.775 million brokered (CA$2.3 million) and 536,540 non-brokered (about CA$700,000). This is smaller than the up-to-CA$4 million arranged. CEO Bradford Cooke bought 115,000 units, and agent and finder fees were paid in cash plus broker special warrants. Proceeds go to working capital and possible 2009 acquisitions.

capital raising announcement

Endeavour arranged a private placement of up to 3,080,000 special warrants at CA$1.30 each (up to about CA$4.0 million, with agents able to place up to CA$1 million more). Each special warrant converts to one share plus half a warrant exercisable at CA$1.90 for 5 years. Proceeds are for working capital at the two Mexican mines and possible 2009 acquisitions. This is new share issuance at a price well below the $3.05 option price set in June 2008 (inference: a lower share price than mid-2008).

capital raising announcement

Updated estimates to December 31, 2007 show proven and probable silver reserves up 50% to 14.9 million oz (Guanacevi and Guanajuato), and total silver-equivalent reserves and resources up 11% on a year earlier. The Guanajuato acquisition in Q2 2007 added reserves, and the Cometa zone at Parral (Cometa resources only, no reserves) has a preliminary economic assessment nearing completion. This builds on the February drilling results.

resource reserve update