Endeavour obtains further support from La Mancha through a private placement

Endeavour Mining Corporation (“Endeavour”) is pleased to announce that its largest shareholder, La Mancha Holding S.A.R.L. (“La Mancha”), has exercised its anti-dilution right to re-increase its stake from its current 28.1% interest to its initial 29.9% ownership position, by means of a C$63.4 million (approximately US$47.5 million) private placement (the “Placement”). Sébastien de Montessus, President & CEO, stated: “This additional investment by La Mancha, which has to-date injected approximately US$190 million in Endeavour, further demonstrates its long-term support and its strong conviction in our ability to continue to create shareholder value.

https://www.endeavourmining.com/media/news/endeavour-obtains-further-support-la-mancha-through-private-placement