ENDEAVOUR MNG PLC - EDVMF STOCK NEWS

Endeavour Mining plc (LSE:EDV, TSX:EDV, OTCQX:EDVMF) and Lilium Gold have reached a settlement agreement regarding the divestment of the Boungou and Wahgnion mines in Burkina Faso. As part of the deal, Lilium will transfer ownership of the mines to the State of Burkina Faso. In return, Endeavour will receive:

1. A total cash consideration of $60 million, paid in installments:
- $15 million upfront
- $15 million by the end of Q3-2024
- $30 million by the end of Q4-2024

2. A 3% royalty on up to 400,000 ounces of gold sold from the Wahgnion mine

Following this agreement, both parties will cease ongoing legal proceedings against each other. The settlement was reached with the mediation of the Government of Burkina Faso.

Endeavour Mining plc (EDVMF) received a notification from BlackRock, Inc. regarding changes in its holdings as of August 21, 2024. BlackRock's total position in Endeavour Mining decreased to 12.98% from the previous 13.40%. This includes 11.05% of voting rights attached to shares and 1.93% through financial instruments. The total number of voting rights held by BlackRock in Endeavour Mining is 31,791,673. The change in holdings was due to an acquisition or disposal of voting rights and financial instruments. BlackRock's position includes various financial instruments such as securities lending and CFDs.

Endeavour Mining plc (EDVMF) announced on 20 August 2024 that it received a notification from Van Eck Associates regarding its holdings in the company as of 19 August 2024. The notification reveals that Van Eck's total voting rights in Endeavour Mining decreased to 7.979%, down from the previous 8.999%. This change crossed a significant threshold, prompting the disclosure.

The notification details Van Eck's holdings across various funds, with the largest positions in the VanEck Gold Miners ETF (4.430%) and the VanEck Junior Gold Miners ETF (2.451%). The total number of voting rights held by Van Eck is 19,513,339 out of Endeavour Mining's 244,565,440 total voting rights.

Endeavour Mining plc (LSE:EDV, TSX:EDV) has announced a transaction in its own shares as part of its buy-back programme. On August 15, 2024, the company purchased 10,000 ordinary shares at prices ranging from 1,558.00 GBp to 1,579.00 GBp, with a volume-weighted average price of 1,569.46 GBp. Following the cancellation of these repurchased shares, Endeavour Mining will have 244,594,229 ordinary shares in issue, with no shares held in treasury. This figure represents the total voting rights in the company, which shareholders may use for calculations related to disclosure requirements.

Endeavour Mining plc (LSE:EDV, TSX:EDV) has announced a transaction in its own shares as part of its buy-back programme announced on 20 March 2024. The company purchased 8,000 ordinary shares on 13 August 2024 at prices ranging from 1,562.00 GBp to 1,568.00 GBp, with a volume weighted average price of 1,565.50 GBp. Following the cancellation of these repurchased shares, Endeavour Mining will have 244,614,229 ordinary shares in issue, with no shares held in treasury. This figure may be used by shareholders as the denominator for calculations to determine if they need to notify their interest in the company under the FCA's Disclosure Guidance and Transparency Rules.

Endeavour Mining plc (LSE:EDV, TSX:EDV) has announced a transaction in its own shares as part of its buy-back programme. On August 9, 2024, the company purchased 44,939 ordinary shares at prices ranging from 1,528.00 GBp to 1,560.00 GBp, with a volume-weighted average price of 1,537.37 GBp. Following the cancellation of these repurchased shares, Endeavour Mining will have 244,673,168 ordinary shares in issue, with no shares held in treasury. This figure represents the total voting rights in the company, which shareholders may use as the denominator for calculations to determine if they need to notify their interest in the company under FCA's Disclosure Guidance and Transparency Rules.

Endeavour Mining plc (TSX: EDVMF) has announced a correction to the ex-dividend date for its TSX-listed shareholders. Following changes to the settlement cycle implemented on May 27, 2024, where TMX Group exchanges now settle on a T+1 basis, the ex-dividend date for TSX shareholders will now fall on the same day as the record date, September 13, 2024. This update applies specifically to the company's H1 2024 dividend. The ex-dividend and record dates for shareholders with holdings listed on the London Stock Exchange remain unchanged from the previously announced dates in the Q2 2024 results release on July 31, 2024.

Endeavour Mining plc (LSE:EDV, TSX:EDV) has announced a transaction in its own shares as part of its buy-back programme. On August 7, 2024, the company purchased 39,551 ordinary shares at prices ranging from 1,544.74 to 1,578.00 GBp per share. The volume-weighted average price was 1,550.67 GBp. Following the cancellation of these repurchased shares, Endeavour will have 244,718,107 ordinary shares in issue, with no shares held in treasury. This figure represents the total voting rights in the company. The share purchases are part of the company's buy-back programme announced on March 20, 2024.

Endeavour Mining plc (EDVMF) has announced a significant transaction by a Person Discharging Managerial Responsibilities (PDMR). Srinivasan Venkatakrishnan, the Chair of Endeavour Mining, has purchased 5,000 ordinary shares of the company at a price of £15.52598 per share. The transaction took place on August 7, 2024, on the London Stock Exchange. This insider buying activity could be seen as a positive signal, potentially indicating the Chair's confidence in the company's future prospects. The notification was made in compliance with regulatory requirements for director/PDMR shareholding disclosures.