Endeavour Silver Completes $350 Million Convertible Note Offering
Endeavour Silver Corporation has completed a US$350 million convertible note offering, including a US$50 million option. The notes have a 0.25% interest rate and are convertible into common shares at a rate of 80.2890 shares per US$1,000 principal. Proceeds will repay debt and fund the Pitarrilla project in Mexico.
Endeavour Silver Corporation has completed its previously announced offering of US$350 million aggregate principal amount of 0.25% unsecured convertible senior notes due 2031. The offering includes the full exercise of a US$50 million option granted to the initial purchasers. The initial conversion rate for the notes is 80.2890 common shares per US$1,000 principal amount, equivalent to an initial conversion price of approximately US$12.4550 per share. Endeavour Silver intends to use the net proceeds to repay its senior secured debt facility with ING Capital LLC and Societe Generale, fund the advancement of its Pitarrilla project in Durango State, Mexico, and for general corporate purposes, including strategic opportunities. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Endeavour Silver Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001171843-25-007744), on December 04, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
