IPO - ENDEAVOUR SILVER CORP

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Form Type: SUPPL

Filing Date: 2025-07-10

Corporate Action: Ipo

Type: New

Accession Number: 000110465925067041

Filing Summary: Endeavour Silver Corp. announces a new Offering of common shares for an aggregate price of up to U.S.$60,000,000. The Offering will take place under a Sales Agreement dated July 10, 2025, with multiple agents including BMO Capital Markets Corp. and TD Securities (USA) LLC. Shares will be distributed through 'at-the-market distributions,' implying sales will occur at prevailing market prices. The company applied to list the Offered Shares on the Toronto Stock Exchange and the New York Stock Exchange, pending their approval. The document outlines the potential risks involved for investors, particularly regarding the acquisition and holding of shares, market price fluctuations, and the company's financial health and operational strategies. Furthermore, the Prospectus Supplement discusses the terms of compensation payable to the agents involved in the Offering, with considerations noted regarding the current credit facility and potential conflicts of interest. Endeavour is a Canadian issuer operating under a multi-jurisdictional disclosure system.

Additional details:

Offered Share Price: up to U.S.$60,000,000


Sales Agreement Date: 2025-07-10


Agents: BMO Capital Markets Corp., TD Securities (USA) LLC, Ventum Financial (US) Corp., National Bank of Canada Financial Inc., Raymond James (USA) Ltd., H.C. Wainwright & Co., LLC, ING Financial Markets LLC


Common Shares Symbol TSX: EDR


Common Shares Symbol NYSE: EXK


Last Trading Price TSX: $7.22


Last Trading Price NYSE: U.S.$5.29


Compensation Rate: 2% of gross sales price per Offered Share sold


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