Endeavour Silver Corp. (TSX: EDR) (NYSE: EXK) is pleased to announce the completion of its prospectus offering announced on November 20, 2024 for the issuance of a total of 15,825,000 common shares at a price of US$4.60 per Common Share for aggregate gross proceeds of US$72,795,000. The Offering was led by BMO Capital Markets, together with a syndicate of underwriters consisting of CIBC World Markets Inc., TD Securities Inc., Ventum Financial Corp. and H.C. Wainwright & Co., LLC.

The Company plans to use the net proceeds of the Offering for the advancement of the Pitarrilla project in Durango State, Mexico and general working capital.

About Endeavour Silver Corp.

Endeavour is a mid-tier precious metals company committed to sustainable and responsible mining practices. With operations in Mexico and the development of the new cornerstone mine in Jalisco State, the Company aims to contribute positively to the mining industry and the communities in which it operates. In addition, Endeavour has a portfolio of exploration projects in Mexico, Chile, and the United States, which has helped it achieve its goal of becoming a premier senior silver producer.