Endeavour Silver Completes US$350 Million Offering of Convertible Senior Notes

About this update from Endeavour Silver Corp.

[{"type":"image","alt":"Endeavour Silver Corporation","displaySize":"","headline":null,"caption":"Endeavour Silver Corporation","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":109,"url":"https://media.zenfs.com/en/globenewswire.com/073275c999f31984be3793c22a67ce32"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/5vAq0fZOkqPUZj3lMi5UaQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTE1MztjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/073275c999f31984be3793c22a67ce32","width":300,"height":109}},"lazy":false},{"type":"text","content":"VANCOUVER, British Columbia, Dec. 04, 2025 (GLOBE NEWSWIRE) -- Endeavour Silver Corp. (“Endeavour” or the “Company”) (NYSE: EXK; TSX: EDR) announced today the closing of its previously announced offering (the “Offering”) of US$350 million aggregate principal amount of 0.25% unsecured convertible senior notes due 2031 (the “Notes”), which includes the exercise in full of the US$50 million option granted to the initial purchasers of the Notes. The initial conversion rate for the Notes is 80.2890 common shares of the Company (the “Shares”) per US$1,000 principal amount of Notes, equivalent to an initial conversion price of approximately US$12.4550 per Share.","length":663,"tagName":"p"},{"type":"text","content":"Endeavour intends to use the net proceeds of the Offering to repay its senior secured debt facility with ING Capital LLC (together with ING Bank N.V.) and Societe Generale (the “Credit Facility”), to fund the advancement of its Pitarrilla project located in Durango State, Mexico, and for general corporate purposes, including strategic opportunities.","length":351,"tagName":"p"},{"type":"text","content":"The Notes and the Shares issuable upon the conversion thereof have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), registered under any state securities laws, or qualified by a prospectus in Canada. The Notes and the Shares may not be offered or sold in the United States absent registration under the Securities Act or an applicable exemption from registration under the Securities Act. The Notes were offered only to "qualified institutional buyers" (as defined in Rule 144A under the Securities Act) in the United States and outside of the United States in accordance with the requirements of Regulation S under the Secur...

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