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Endeavour Silver completes $3.9M Private Placement

October 27, 2009 @ 10:35 am In Silver Company News

Endeavour Silver Corp. (TSX:EDR)(TSX:EDR.WT)(NYSE Amex:EXK)(DBFrankfurt:EJD) today announced that the company has completed its previously announced non-brokered private placement by issuing a total of 1,299,843 units of the Company for gross proceeds of $3,899,529.

The press release is quoted as saying:

Endeavour Silver Corp. is a small-cap silver mining company focused on the growth of its silver production, reserves and resources in Mexico. Since start-up in 2004, Endeavour has posted five consecutive years of growing silver production and resources. The organic expansion programs now underway at Endeavour's two operating silver mines in Mexico combined with its strategic acquisition program should help Endeavour achieve its goal to become the next premier mid-tier primary silver producer.

Click here to access the entire press release [1]

Click here to access Endeavour Silver's Corporate Site [2]


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URL to article: http://silverinvestingnews.com/1864/endeavour-silver-completes-39m-private-placement.html

URLs in this post:

[1] Click here to access the entire press release: http://www.marketwirecanada.com/mw/rel_ca.jsp?id=1065749&k=endeavour

[2] Click here to access Endeavour Silver’s Corporate Site: http://www.edrsilver.com/s/Home.asp

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