Endeavour Mining Responds to Media Speculation
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George Town, January 13, 2017 - Endeavour Mining Corporation (TSX:EDV)(OTCQX:EDVMF) notes the recent press speculation regarding a potential corporate transaction between Endeavour and Acacia Mining plc.
Endeavour reiterates that while it routinely evaluates business development opportunities, its strategic focus is the organic prospects in its existing asset portfolio.
As part of its regular discussions with peer group mining companies, Endeavour confirms that preliminary discussions have taken place with Acacia on a confidential basis. This may or may not result in agreement of a transaction.
Contact Information
Endeavour Mining | Corporate Office: 5 Young St, Kensington, London W8 5EH, UK
This news release contains "forward-looking statements" including but not limited to, statements with respect to Endeavour's plans and operating performance, the estimation of mineral reserves and resources, the timing and amount of estimated future production, costs of future production, future capital expenditures, and the success of exploration activities. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as "expects", "expected", "budgeted", "forecasts", and "anticipates". Forward-looking statements, while based on management's best estimates and assumptions, are subject to risks and uncertainties that may cause actual results to be materially different from those expressed or implied by such forward-looking statements. Accordingly, readers should not place undue reliance on forward-looking statements. Please refer to Endeavour's most recent Annual Information Form filed under its profile at www.sedar.com for further information respecting the risks affecting Endeavour and its business
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This announcement is distributed by Nasdaq Corporate Solutions (One Liberty Plaza, 165 Broadway, New York, NY 10006. Tel: +1 212 401 8700. www.nasdaqomx.com) on behalf of NASDAQ OMX Corporate Solutions clients. Source: Endeavour Mining, c/o Intertrust Corporate Services Limited 190 Elgin Avenue, George Town, Grand Cayman KY1-9005s, United Kingdom
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Endeavour International Corporation
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DEVELOPMENT STAGE |
CODE : END |
ISIN : US29259G2003 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Endeavour is a and oil development stage company based in United states of america. Endeavour develops natural gas in U.k., and holds various exploration projects in Norway. Its main asset in development is COLUMBUS in U.k. and its main exploration properties are NOATUN and ROCHELLE DISCOVERY in Norway. Endeavour is listed in United States of America. Its market capitalisation is US$ 7.3 millions as of today (€ 5.8 millions). Its stock quote reached its highest recent level on January 13, 2012 at US$ 9.99, and its lowest recent point on October 10, 2014 at US$ 0.15. Endeavour has 47 200 000 shares outstanding. |