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Endeavour Silver raising up to US$35.7M to advance Terronera project in Mexico

Endeavour Silver Corp. struck a deal with a syndicate of agents led by BMO Capital Markets for a share sale to raise up to US$35.7 million.

The company's shares will be offered through "at-the-market distributions" at prevailing market prices at the time of each sale.

Endeavour said June 13 that it plans to use the proceeds, together with its current cash resources and free cash flow, to advance its Terronera silver project in Mexico and for general corporate purposes.