Endeavour Silver Corp. Closes US$73 Million Bought Deal Financing
Portfolio Pulse from
Endeavour Silver Corp. has successfully closed a US$73 million bought deal financing, issuing 15,825,000 common shares at US$4.60 each. The offering was led by BMO Capital Markets and included several other underwriters.
November 27, 2024 | 2:00 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Endeavour Silver Corp. completed a US$73 million financing deal, issuing 15.8 million shares at US$4.60 each. This could provide the company with capital for growth and operations.
The successful completion of the financing deal provides Endeavour Silver with significant capital, which can be used for expansion or operational improvements. This is likely to be viewed positively by investors, potentially leading to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100