Vancouver, Canada – January 13, 2022 – Endeavour Silver Corp. (“Endeavour” or the “Company”) (TSX: EDR, NYSE: EXK) has entered into a definitive agreement to purchase the Pitarrilla project (“Pitarrilla”) in Durango State, Mexico by acquiring all of the issued and outstanding shares of SSR Durango, S.A. de C.V. (the “Transaction”) from SSR Mining Inc. (NASDAQ/TSX: SSRM; ASX: SSR) (“SSR Mining”) for total consideration of $70 million and a 1.25% net smelter returns royalty (“NSR Royalty”). All references to dollars ($) in this news release are to United States dollars (US$).