21:39דצמבר 03, 2021MT Newswires

Endeavour Enters Into New Automatic Share Purchase Plan in Connection With Its Share Repurchase Program

Endeavour Mining plc (LSE and TSX:EDV) announced after trade Friday that it has entered into a new automatic share purchase agreement with Stifel Nicolaus Europe Limited in relation to its previously announced Normal Course Issuer Bid, pursuant to which 4,321,531 shares have been repurchased since April 2021, equivalent to C$126 million (near US$101 million).

According to a statement, this agreement amends the existing arrangement which will continue to allow for the purchase of shares of Endeavour, subject to certain trading parameters, at times when Endeavour ordinarily would not be active in the market due to regulatory close periods, its own internal trading black-out periods, insider trading rules or otherwise. Outside of these periods, shares may be repurchased in accordance with management's discretion and in compliance with applicable law.