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Endeavour Silver Launches Offering of Convertible Senior Notes
VANCOUVER, British Columbia, Dec. 01, 2025 (GLOBE NEWSWIRE) -- Endeavour Silver Corp. (“Endeavour” or the “Company”) (NYSE: EXK; TSX: EDR) announces that it ...
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. 01, 2025 (GLOBE NEWSWIRE) -- Endeavour Silver Corp. (“Endeavour” or the “Company”) (NYSE: EXK; TSX: EDR) announces that it is offering US$300 million aggregate principal amount of unsecured convertible senior notes due 2031 (the “Notes”) pursuant to private placement exemptions (the “Offering”). Endeavour expects to grant the initial purchasers of the Notes an option to purchase up to an additional US$45 million aggregate principal amount of Notes.","length":486,"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 final terms of the Offering will be determined by Endeavour and the initial purchasers. The Notes will bear cash interest semi-annually at a fixed rate and will be convertible by holders into Endeavour common shares (the “Shares”). The Notes will be redeemable by Endeavour at its option in certain circumstances. Holders will have the right to require Endeavour to repurchase their Notes upon the occurrence of certain events.","length":431,"tagName":"p"},{"type":"text","content":"The Offering is subject to customary closing conditions including approval of the Toronto Stock Exchange and the New York Stock Exchange.","length":137,"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...