Endeavour Silver Signs Agreement to Acquire Exploration Properties in Parral District, Chihuahua, Mexico from Silver Standard

http://www.juniorminingnetwork.com/junior-miner-news/press-releases/1070-tsx/edr/24552-endeavour-silver-signs-agreement-to-acquire-exploration-properties-in-parral-district-chihuahua-mexico-from-silver-standard.html

VANCOUVER, BC–(Marketwired – September 14, 2016) – Endeavour Silver Corp. (NYSE: EXK) (TSX: EDR) announces it has entered into a definitive agreement dated September 13, 2016 (the “Agreement”) with Silver Standard Resources Inc. to acquire a 100% interest in Silver Standard’s Parral properties, located in the historic silver mining district of Hidalgo de Parral in southern Chihuahua state, Mexico (view maps).

Terms of the Agreement

Pursuant to the Agreement, Endeavour will pay US$6 million in Endeavour common shares, being 1,198,083 common shares at US$5.008 per share, representing the 10-day average closing price of Endeavour’s shares on the New York Stock Exchange (“NYSE”) prior to the date of the Agreement.

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