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Endeavour Silver completes $3.9M Private Placement

Tue, Oct 27, 2009

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

Click here to access Endeavour Silver’s Corporate Site

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  • For upcoming silver investing trade shows, see the following links: The Silver Summit, Cambridgehouse, IIC, Chicago Resource Expo

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  • SilverInvestingNews.com maintains a focus on Silver exploration and investment opportunities. For broader Natural Resource Investing, see ResourceInvestingNews.com.

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  • The Silver Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.

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  • ResponsibleMiner.com is a new web site with a wiki for mining companies and suppliers can discuss best practices in the mining industry.  Also, check for profiles of companies doing great things to improve mining best practices.

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