Adamus Resources Ltd

Published : December 19th, 2011

Endeavour Mining And Adamus Resources Complete Merger

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News Release - Monday, December 19, 2011
Endeavour Mining And Adamus Resources Complete Merger


Monaco and Perth, Western Australia, December 19, 2011 -- Endeavour Mining Corporation ("Endeavour" or the "Corporation") (TSX:EDV, ASX:EVR) and Adamus Resources Limited ("Adamus") (ASX:ADU, TSX-V:ADU) are pleased to announce the successful completion of the scheme of arrangement ("Merger") by which Endeavour has acquired all of the issued ordinary shares of Adamus. As of today, and including the 129,340,958 shares issued as consideration under the Merger for the former shareholders of Adamus, Endeavour has 244,609,949 shares issued and outstanding. Endeavour is also pleased to announce that Ian Cunningham, the Company Secretary of Adamus, has also been appointed as Corporate Secretary of Endeavour.

Confirmations of holdings will shortly be sent to the former Adamus shareholders receiving the Merger consideration in the form of CHESS Depository Interests ("CDIs") or shares.

The Endeavour CDIs will commence trading on a normal settlement basis on the ASX from the start of trading on December 20, 2011 and the ASX will remove Adamus from the official list from the close of trading on December 20, 2011 (in both cases, Australian Eastern Daylight Time).

About Endeavour Mining Corporation

Endeavour is a growth focused West African gold production and exploration company led by an accomplished management team. With attributable reserves totalling 2.0 million ounces, Endeavour is currently producing gold at a rate of 180,000 ounces per year from two operating mines (Nzema in Ghana and Youga in Burkina Faso). With a near-term mine construction decision (Agbaou, C�te d'Ivoire) and an extensive 2012 exploration program, Endeavour's goal is to produce approximately 250,000 ounces of gold per year from the end of 2013 from existing properties. Endeavour also has an acquisition growth strategy focused on West Africa and is targeting the acquisition of additional gold production by the end of 2013.

Endeavour Mining Corporation is listed on the TSX (symbol EDV) and the ASX (symbol EVR).

On behalf of Endeavour Mining Corporation and Adamus Resources Limited

"Neil Woodyer"

Neil Woodyer
Chief Executive Officer
Endeavour Mining Corporation

Endeavour Mining Corporation
PO Box 1793 � Cayman Corporate Centre � 1st Floor
27 Hospital Road
George Town � Grand Cayman KY1 1109 � Cayman Islands
Tel: +1 345 946 7603 � Fax: +1 345 946 7604
www.endeavourmining.com
A Cayman Islands exempted company with limited liability
ARBN 153 067 639


"Mark Connelly"

Mark Connelly
Director
Adamus Resources Limited

Adamus Resources Limited
Level 2 � 45 Richardson Street
West Perth � Western Australia 6005
Tel: +61 8 9322 5943 � Fax: +61 8 9322 5907
ABN 80 094 543 389



The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. The foregoing information may contain forward-looking information relating to the future performance of Endeavour Mining Corporation. Forward-looking information, specifically, that concerning future performance, is subject to certain risks and uncertainties, and actual results may differ materially. These risks and uncertainties are detailed from time to time in the Corporation's filings with the appropriate securities commissions.

For additional information, contact:


Stephen Roberts, Senior Vice President - Investor Relations +1 604 609 6130, sroberts@endeavourmining.com
or
Vanguard Shareholder Solutions +1 866 341 4111 or +1 604 608 0824, investor@endeavourmining.com

Associated File: http://www.endeavourmining.com/i/pdf/Dec-19-2011-EDV.pdf
286 KB in size, approx. 54 seconds to download at 56.6Kbps

Copyright � 2011 ENDEAVOUR MINING CORPORATION (EDR) All rights reserved. For more information visit our website at http://www.endeavourmining.com/ or send email to info@endeavourmining.com ..

Data and Statistics for these countries : Australia | Burkina Faso | Cayman Islands | Ghana | Monaco | All
Gold and Silver Prices for these countries : Australia | Burkina Faso | Cayman Islands | Ghana | Monaco | All

Adamus Resources Ltd

PRODUCER
CODE : ADU.AX
ISIN : AU000000ADU5
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Adamus Resources is a gold producing company based in Australia.

Adamus Resources holds various exploration projects in Australia.

Its main asset in production is NZEMA in Ghana, its main asset in development is SOUTHERN ASHANTI GOLD PROJECT in Ghana and its main exploration properties are ALIVA in Ghana and SERPENTINE RIDGE PROJECT and BOLLINGER DIAMOND PROJECT in Australia.

Adamus Resources is listed in Australia, in Canada, in Germany and in United States of America. Its market capitalisation is AU$ 320.3 millions as of today (US$ 330.5 millions, € 260.7 millions).

Its stock quote reached its lowest recent point on October 05, 2001 at AU$ 0.05, and its highest recent level on January 16, 2004 at AU$ 1.59.

Adamus Resources has 447 904 191 shares outstanding.

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Annual reports of Adamus Resources Ltd
Annual Report 2007
Nominations of Adamus Resources Ltd
8/21/2009Appointement Project managers FINAL
Project news of Adamus Resources Ltd
12/19/2011Endeavour Mining And Adamus Resources Complete Merger
12/6/2011ADU - Endeavour merger with Adamus Resources has become effe...
12/5/2011Endeavour Mining Merger with Adamus Resources has Become Eff...
9/21/2011ADU - Endeavour CEO Neil Woodyer discusses benefits of merge...
8/22/2011ADU - Merger of Equals of Adamus Resources and Endeavour Min...
7/28/2011ADU - Adamus Delivers Above Forecast Gold Production
4/19/2011ADU - Hon Joel Fitzgibbon applauds Adamus Resources
3/1/2011(Aliva) - Aliva Dilling Extends Main Oxide Zone
1/14/2010(Southern Ashanti Gold Project)Construction progress - Southern Ashanti Gold Project
8/10/2009(Southern Ashanti Gold Project)A$40M Placement for Project Development
7/24/2008(Southern Ashanti Gold Project) New Discovery at Bokrobo
8/2/2007(Southern Ashanti Gold Project)Drill rigs secured for Ghana expansion
7/24/2007(Southern Ashanti Gold Project)Drilling Hits Target : 14m @ 11.5g/t
7/5/2007(Southern Ashanti Gold Project)New drilling program targets more ounces
6/14/2007Advances - Positive Feasibility Study
Corporate news of Adamus Resources Ltd
11/28/2011ADU - Adamus Shareholders Support Merger with Endeavour Mini...
8/24/2011Financial Post-Endeavour to merge with Adamus
8/21/2011Endeavour Mining and Adamus Resources to Merge and Create a ...
7/15/2011ADU - MD/CEO Mark Connelly discusses Adamus' operations and ...
6/9/2011ADU - Adamus Resources reaffirms full year gold production g...
12/21/2009CREDIT-APPROVED FINANCE PACKAGE
12/16/2008EPA GIVES GREEN LIGHT FOR MINING AT GHANA GOLD PROJECT
1/31/2008Drill Results at Avrebo show Additional Ounces
11/27/2007ADDING OUNCES AT ANWIA
10/11/2007POSITIVE DRILL RESULTS AT AVREBO POINT TO NEW RESOURCE
8/21/2007 New Gold Disccovered at "Abosso"
7/3/2007raises $7.7 million at 64 cents to further develop flagship ...
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