Endeavour Silver Prices Convertible Senior Notes Offering

Endeavour Silver Corp. — trading under tickers NYSE: EXK and TSX: EDR — announced on December 1, 2025 that it has “priced” its previously announced offering of unsecured convertible senior notes due 2031 (the “Notes”). Under the deal, Endeavour intends to issue US$300 million in principal amount of Notes, with an option for the initial purchasers to acquire an additional US$50 million — bringing the potential total to US$350 million if the over‑allotment is fully exercised. The Notes carry a cash interest rate of 0.25% per annum, paid semi‑annually. Their initial conversion rate is set at 80.2890 common shares per US$1,000 principal amount, equivalent to a conversion price of approximately US$12.4550 per share — roughly a 32.5% premium over the company’s closing share price at the time of announcement. Proceeds from the offering are earmarked to (1) repay Endeavour’s senior secured debt facility (with ING Capital LLC / ING Bank N.V. and Société Générale), (2) fund advancement of its Pitarrilla project in Durango, Mexico, and (3) support general corporate and strategic purposes. The offering is expected to close on or about December 4, 2025, pending customary closing conditions including approval by the Toronto Stock Exchange and the New York Stock Exchange. The Notes and any common shares issued upon conversion will not be registered under the U.S. Securities Act — meaning they will be offered only to “qualified institutional buyers” in the U.S. and to buyers outside the U.S. under applicable regulations. About Endeavour: the company is a mid-tier silver producer operating several mines in Mexico and Peru, with additional exploration projects across Mexico, Chile, and the United States. #EndeavourSilver #ConvertibleNotes #MiningFinance #SilverMining #SlimScan #GrowthStocks #CANSLIM