Endeavour completes the avnel acquisition and launches kalana project optimization activities

George Town, September 18, 2017 – Endeavour Mining is pleased to announce the successful completion of its previously announced acquisition of Avnel Gold Mining Limited (“Avnel”), which owns 80% of the Kalana Gold project in Mali. Effective today, the entire issued ordinary share capital of Avnel is owned by Endeavour. Following a court-approved scheme of arrangement, Avnel shareholders received 0.0187 of an Endeavour share for each Avnel share held. Avnel will be delisted from the Toronto Stock Exchange at close of trading on September 18, 2017.

https://www.endeavourmining.com/media/news/endeavour-completes-avnel-acquisition-and-launches-kalana-project-optimization