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ENDEAVOUR COMPLETES WARRANT SALE IN RESPECT OF FORMER U.S. HOLDERS OF THE ETRUSCAN WARRANTS EXPIRING AUGUST 2011
ENDEAVOUR COMPLETES WARRANT SALE IN RESPECT OF FORMER U.S. HOLDERS OF THE ETRUSCAN WARRANTS EXPIR...
About this update from Endeavour Mining Plc
[{"type":"text","content":"\n\n\n\n Sep. 27, 2010 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\n Toronto Stock Exchange: EDV\n \n\n GEORGE TOWN, Grand Cayman, Sept. 27 /CNW/ - Endeavour Mining Corporation\n ("Endeavour") is pleased to announce that Computershare Investor\n Services Inc. (the "Depositary") has advised Endeavour that the warrant\n sale on behalf of all former U.S. holders of Etruscan Resources Inc.\n ("Etruscan") CDN$1.85 warrants exercisable into one Etruscan share\n expiring August 6, 2011 (now the "Endeavour C Warrants") has been\n completed.  Accordingly, all former U.S. holders of these warrants are\n encouraged to complete their letters of transmittal (available at\n Etruscan's profile on www.sedar.com)\n and return their letters of transmittal along with underlying warrant\n certificates to the Depositary in order to receive their consideration\n pursuant to Endeavour's acquisition of Etruscan (the "Etruscan\n Acquisition").\n \n\n The existing Endeavour C Warrants entitle their holders, on payment of\n the exercise price of CDN$1.85, to receive 0.0932 Endeavour common\n shares plus CDN$0.26 in cash.  Accordingly, 10.73 Endeavour C Warrants\n plus CDN$19.85 in cash entitles Endeavour C Warrantholders to receive\n one Endeavour common share plus CDN$2.79 in cash, resulting in an\n effective net strike price per Endeavour share of CDN$17.06.  Former\n U.S. holders of these Etruscan warrants do not need to exercise their\n w...