Endeavour Silver negotiates $40 million at-the-market sales agreement

Agent Cowen and Co. to conduct offering, will be paid a 3% commission

By Devika Patel

Knoxville, Tenn., May 5 – Endeavour Silver Corp. said it arranged a $40 million at-the-market sales agreement with Cowen and Co., LLC.

Cowen will be paid a 3% commission.

Proceeds will be used for exploration and development of the Terronera project and working capital, including debt reduction.

Based in Vancouver, B.C., Endeavour is a silver exploration company.

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