ENDEAVOUR MNG PLC - EDVMF STOCK NEWS

Endeavour Mining reported strong Q3-2021 results, producing 382koz of gold at an All-In Sustaining Cost (AISC) of $904/oz. Year-to-date production reached 1,138koz with an AISC of $875/oz, positioning the company to exceed its FY-2021 guidance of 1.365-1.495koz. Adjusted net earnings were $153m ($0.61/share) for Q3 and $429m ($1.81/share) year-to-date. The balance sheet remained healthy with a net debt of $70m. Shareholder returns included a $70m interim dividend and $94m in share buybacks. Positive exploration updates are anticipated for Q4-2021.

On October 14, 2021, Endeavour Mining PLC received a notification from BlackRock, Inc., declaring its interests in the company as of October 13, 2021. BlackRock's total voting rights in Endeavour Mining increased to 11.92%, comprising 10.82% from direct voting rights and 1.10% from financial instruments such as securities lending. This reflects a slight decrease from a previous holding of 12.01%. The notification indicates a significant acquisition, suggesting BlackRock's ongoing confidence in Endeavour Mining's potential.

Endeavour Mining plc has disclosed a significant acquisition transaction involving La Mancha Investments SARL, closely associated with Director Naguib Sawiris. On October 7, 2021, La Mancha acquired 10,000,000 debt instruments at a price of 98.913 USD each, totaling 9,891,300 USD. This transaction was executed on the GEM Market of Euronext Dublin. The notification highlights the ongoing investment interests of the company's key stakeholders in alignment with its growth strategy.

On October 6, 2021, Endeavour Mining PLC revealed a notification from BlackRock, Inc. regarding its interest in the company as of October 5, 2021. BlackRock acquired a total of 12.44% voting rights, comprised of 11.33% through shares and 1.11% via financial instruments. This represents a decrease from their previous holding of 12.64%. The notice pertains to regulatory requirements for significant changes in ownership stakes, indicating BlackRock's ongoing investment strategy in Endeavour Mining.

Endeavour Mining has announced the purchase of 17,000 ordinary shares at a price of 1,659.31140 GBp each on October 6, 2021, as part of its previously announced buy-back program from Stifel Nicolaus Europe Limited. Following this transaction, there will be 248,979,887 ordinary shares in issue. The total voting rights will remain at this figure, applicable for shareholder calculations under FCA's Disclosure Guidance. These developments are part of Endeavour's strategic initiatives aimed at enhancing shareholder value.

Endeavour Mining plc has announced the pricing of its US$500 million fixed-rate senior notes due 2026, part of a refinancing strategy. The notes carry a 5.00% annual interest rate and will be settled by October 14, 2021. Proceeds will repay a US$370 million bridge term loan and a US$130 million drawn under its revolving credit facility. Additionally, the company has secured a US$500 million unsecured revolving credit facility with lower interest rates for more flexibility. This move aims to extend the company's debt maturities to 2025 and 2026.

Endeavour Mining will release its Q3 2021 financial results on November 11, 2021, ahead of the LSE market opening. A conference call and webcast will follow on the same day at 8:30 am ET / 1:30 pm GMT to discuss the results. Interested analysts and investors can access the webcast through a provided link and participate via dial-in numbers. To ensure attendance, a calendar reminder can be added.

Endeavour Mining announces the purchase of 22,100 ordinary shares at a fixed price of 1,663.69810 GBp on October 5, 2021. This transaction is part of its ongoing buy-back program initiated on June 15, 2021. After canceling the repurchased shares, the total number of ordinary shares issued will be 248,996,887, which will serve as the denominator for shareholder calculations regarding their interests under the FCA's regulations. No shares will be held in treasury following this transaction.

Endeavour Mining announced its total voting rights in accordance with the UK FCA's rules. As of 6pm on 30 September 2021, the company had 249,128,987 ordinary shares issued, with 110,000 shares held in treasury, resulting in a total of 249,018,987 voting rights. The company has also issued 4,450,000,000 deferred shares without voting rights, intended for a future capital reduction.

Shareholders should utilize the total voting rights figure for interest notifications under FCA regulations.