Endeavour Silver to Acquire Minera Kolpa for $145 Million

Endeavour Silver ( (TSE:EDR) ) just unveiled an update.

On April 1, 2025, Endeavour Silver Corp. announced its agreement to acquire all outstanding shares of Compañia Minera Kolpa S.A. and its main asset, the Huachocolpa Uno Mine, for a total consideration of US$145 million. This transaction is expected to enhance Endeavour’s asset portfolio and strengthen its position in the mining industry. The acquisition will be funded through a mix of cash, shares, and proceeds from a new copper purchase agreement. Additionally, Endeavour plans to raise approximately US$45 million through a bought deal financing to support the transaction. The deal, subject to regulatory approvals, is anticipated to close soon, potentially impacting stakeholders by expanding Endeavour’s mining capabilities and market reach.

More about Endeavour Silver

Endeavour Silver Corp. is a company operating in the mining industry, primarily focused on the exploration, development, and production of silver and gold. The company is based in Vancouver, British Columbia, Canada, and has a market focus on precious metals.

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Technical Sentiment Signal: Sell

Current Market Cap: $992.2M

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