Endeavour Financial Corporation

Published : September 25th, 2008

Winston Updates Endeavour Financial

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Endeavour Financial Corp (EDV, TSX)
Another Strong Year Prompts a 100% Dividend Increase


We�ve been following Endeavour since it started trading in 2004 and every year the company has built shareholder value in a very dramatic fashion. Recently Endeavour reported that for the year ending June 30, 2008, shareholder equity increased from US $255 million ($11.57 per share) to US $370 million (CDN $12.38 per share).

If you�re going to invest in the resource market, there�s no better way to safeguard your wealth and maximize potential growth then by partnering up with some of the best minds in the business.

For the retail investor, it�s virtually impossible to get involved in a stock at the ground floor level. That is to say when the shares are first printed at five or ten cents and the new entity is still in the idea stage. The big money is made here, before a property or new business is vended into the deal.

But that�s what this financial advisory firm does. Endeavours� management builds new resource companies from the ground up. They provide mining expertise, capital and financing arrangements and invariably build very successful corporations.

Since Endeavour is building these new companies from scratch, they control large blocks of seed stock, bought for pennies per share. After a relatively short period of time, these new companies are invariably worth many dollars per share.

There are many examples of this. Endeavour has financed some of the resource market�s biggest winners such as Wheaton River, now Goldcorp, which is the world�s second biggest gold producer; Bema Gold which went from 25 cents to more than $6 before it was bought out by Kinross Gold; UrAsia Energy bought out by Uranium One last year for a return of over 400%. More recently, Endeavour helped establish Gold Wheaton which went from pennies to trade at around $1.50 before this recent pullback. And that�s just a small representation of what Endeavour does. Basically, buying low and selling high.

When you have large positions of �penny stock� that�s created at 5 cents per share and then opens for trading at over a dollar, it�s possible to amass a small fortune. And you can build a massive fortune as these companies start growing.

For the average investor, getting in at the ground floor just isn�t going to happen. However you can still reap the benefits of this successful Endeavour formula by becoming a shareholder with the brain trust who is building this huge wealth.

With the recent market downturn the timing on accumulating more shares now looks very good. Endeavour only has 30.5 million shares outstanding and has a discounted price to book ratio of 0.50 X. In the U.S., merchant banking firms have traded up to 12 X book.

As a further sign of confidence and success, the management is buying back their own shares. Over the last fiscal year the company repurchased 520,000 common shares at an average price of CDN $7.39. (Friday�s closing price was $5.80.)

Not only is Endeavour a bargain at today�s price but it also has increased their monthly dividend by 100%! They are now paying 36 cents per year, 6% of the current price.

Going forward I see continued growth for Endeavour. I�ve mentioned how they create companies from scratch and build them up but there�s much more to the company.

Last year the company earned US $48 million of their $108 million in revenues from their advisory management fees. The advisory fee income looks poised for growth as Endeavour extends its global reach to mining projects around the world that need help in developing.

Conclusion

It�s been a tough year for resource stocks but Endeavour has continued to earn significant revenues from merchant banking (U.S. $60 million) and financial advisory fees (U.S. $48 million.)

The key benefit of owning this stock is that you�re investing with some of the world�s top resource sector financiers and developers. Their success in Endeavour stock is the same as yours and all you have to do is sit back and cash in your dividends.

In my opinion this is the safest and best way to invest in the resource sector.



Disclaimer
Winston�s Growth Stock Report is an independent electronic publication committed to providing our subscribers with factual information on selected publicly traded companies, politics, business, and economics. All companies are chosen on the basis of certain financial analysis, and other pertinent criteria with a view toward maximizing the upside potential for investors while minimizing the downside risk, whenever possible with the added aid of technical analysis.

Winston�s Growth Stock Advisor and its editors do not accept compensation from public companies featured in this publication. All statements and expressions are the sole opinions of the editors and are subject to change without notice. A profile, description, or other mention of a company in the newsletter is neither an offer nor solicitation to buy or sell any securities mentioned. While we believe all sources of information to be factual and reliable, in no way do we represent or guarantee the accuracy thereof, nor the statements made herein. The staff of Winston�s Growth Stock Report are not registered investment advisors and do not purport to offer personalized investment related advice. The publisher, staff, or anyone associated with, or associated to, the Winston�s Growth Stock Report may own securities mentioned in this newsletter and may buy or sell securities without notice.

The profiles, critiques, and other editorial content of the Winston�s Growth Stock Report may contain forward-looking statements relating to the expected capabilities of the companies mentioned herein. The reader should verify all claims and do their own due diligence before investing in any securities mentioned. Investing in securities is speculative and carries a high degree of risk. The information found in this profile is protected by copyright laws and may not be copied, or reproduced in any way without the expressed, written consent of the editors of Winston�s Growth Stock Advisor. We encourage our readers to invest carefully and read the investor information available at the web sites of the Securities and Exchange Commission ("SEC") at http://www.sec.gov and/or the National Association of Securities Dealers ("NASD") at http://www.nasd.com. We also strongly recommend that you read the SEC advisory to investors concerning Internet Stock Fraud, which can be found at http://www.sec.gov/consumer/cyberfr.htm. Readers can review all public filings by companies at the SEC's EDGAR page. The NASD has published information on how to invest carefully at its web site.






Endeavour Financial
Vanguard Shareholder Solutions
Vanguard Shareholder Solutions (Vanguard) provides, for remuneration, corporate communications and investor relations services to the above mentioned client(s). The information contained in this email is based on existing disclosure documents or other publicly available information. You are encouraged to seek independent verification of any information that is important to your decisions. By responding to your inquiry neither Vanguard nor the above mentioned client(s) is offering securities or advising or soliciting the purchase or sale of securities.


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Endeavour Financial Corporation

EXPLORATION STAGE
CODE : EDV.TO
ISIN : KYG3040R1092
CUSIP : G3040R109
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Endeavour Financial is a producing gold and cobalt company based in Cayman islands.

Its main exploration property is FYRE LAKE (KONA) in Canada.

Endeavour Financial is listed in Canada and in United States of America. Its market capitalisation is CA$ 2.2 billions as of today (US$ 1.7 billions, € 1.5 billions).

Its stock quote reached its lowest recent point on January 15, 1999 at CA$ 10.02, and its highest recent level on August 10, 2007 at CA$ 97.43.

Endeavour Financial has 96 450 000 shares outstanding.

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Corporate Presentations of Endeavour Financial Corporation
9/25/2008Winston Updates Endeavour Financial
5/15/2008 Reinhard Updates Endeavour Mining Capital
1/17/2008Winston says investing in Endeavour Mining Capital (EDV-TSXV...
In the News and Medias of Endeavour Financial Corporation
10/17/2009Endeavour Financial recognizes upside in Etruscan’s assets
Annual reports of Endeavour Financial Corporation
Annual Report 2007
Financings of Endeavour Financial Corporation
2/4/2009CLOSES EQUITY OFFERING
1/28/2009ANNOUNCES TERMS OF EQUITY OFFERING
Nominations of Endeavour Financial Corporation
3/26/2015Mining Appointment of New CFO
9/17/2013Mining strengthens Board of Directors
6/5/2013Mining Reports Election of Directors
4/2/2013Mining Appoints Ian Henderson to Board of Directors
2/25/2008Announces Appointment of Director, Marketing & Business Deve...
Financials of Endeavour Financial Corporation
11/4/2009To release First quarter results on November 10, 2009
2/5/2009 TO RELEASE SECOND QUARTER RESULTS ON FEBRUARY 9, 2009
4/29/2008Release Third Quarter Results on May 5, 2008
2/6/2008Release Second Quarter Results on February 12, 2008
Project news of Endeavour Financial Corporation
3/24/2016Endeavour Mining Corporation Announces Special Meeting of Sh...
7/8/2015Mining reports gold production of 255,000 ozs and $20m debt ...
2/19/2015Endeavour Mining increases mineral reserves to 4.5 million o...
8/11/2014Mining reports record gold production in Q2 2014 at an AISC ...
7/15/2014Mining reports six-month gold production of 228,000 ozs
5/12/2014Mining Reports Record Gold Production in Q1 2014 at an AISC ...
1/27/2014Mining declares commercial production at Agbaou and signs co...
9/20/2012Mining Announces Full and Final Settlement with Gold Reserve
4/20/2006reports additional high grade intercepts from Guanacevi proj...
Corporate news of Endeavour Financial Corporation
7/26/2016Endeavour Mining to Announce its Q2 Results on Thursday July...
7/12/2016Endeavour Mining Announces C$125 million Bought Deal Financi...
7/12/2016Endeavour Mining Announces Board Change
7/12/2016Endeavour Mining Reports Fatality at its Tabakoto Mine in Ma...
6/30/2016Endeavour Holds Groundbreaking Ceremony to Mark the Start of...
6/13/2016Endeavour Mining Announces C$125 million Bought Deal Financi...
5/31/2016Endeavour Mining Announces Notice of Annual General Meeting
5/2/2016Endeavour Reports First Quarter 2016 Results; AISC Continue ...
4/26/2016Endeavour Completes Acquisition of True Gold
4/21/2016Endeavour and True Gold Shareholders Approve Acquisition Tra...
4/11/2016LEADING INDEPENDENT ADVISORY FIRMS ISS AND GLASS LEWIS SUPPO...
1/28/2016Endeavour Silver to cut output in Mexico on low prices
1/15/2016Endeavour Mining Exceeds 2015 Guidance With 518,000 Ounces
1/11/2016Endeavour Mining Confirms ASX Delisting And Corporate Update
1/1/2016Mali produces 50 T of gold in 2015, expects more in 2016
12/1/2015Endeavour Mining Reports Agbaou Gold Mine Fully Repaid Share...
12/1/2015Endeavour Mining Updates ASX Share Consolidation Timetable
11/30/2015Endeavour Mining Announces Details of Share Consolidation an...
11/27/2015Endeavour Mining Completes La Mancha Transaction
11/6/2015Endeavour Mining to Release Q3 Results on November 13, 2015
11/5/2015Endeavour Mining Shareholders Approve the La Mancha Transact...
10/7/2015Endeavour Mining Mails Information Circular in Connection wi...
8/14/2015Endeavour Mining Reports Successful Agbaou Exploration Drill...
7/30/2015Endeavour Mining Q2 2015 AISC/oz of $898, Profit of $33M and...
7/30/2015Mining Q2 2015 AISC/oz of $898, Profit of $33M And $20M Debt...
7/23/2015Endeavour Mining To Release Q2 Results On July 30, 2015
7/23/2015Endeavour Mining Reports Gold Production of 255,000 Ozs and ...
7/23/2015Mining to release Q2 results on July 30, 2015
6/18/2015Endeavour Mining Reports Results of AGM Voting
6/17/2015Edited Transcript of EDV.TO earnings conference call or pres...
4/9/2015Mining produced 124,000 oz in Q1 2015 at mid-point of AISC g...
3/27/2015Endeavour Mining Files Technical Reports for Agbaou and Youg...
3/26/2015Endeavour Mining Appointment of New CFO
3/15/2015Endeavour Mining Generates Record Operating Cash Flow in 201...
3/10/2015Endeavour Mining Extends Five Year Credit Facility To March ...
3/10/2015Endeavour Mining Extends Five Year Credit Facility to March ...
3/10/2015Mining Extends Five Year Credit Facility to March 31, 2020
2/26/2015Endeavour Mining Generates Record Operating Cash Flow in 201...
2/26/2015Endeavour Mining Files Early Warning Report Related to Share...
2/25/2015Endeavour Mining files Early Warning Report related to share...
2/24/2015Endeavour Mining to release 2014 year-end results on Februar...
2/23/2015Geodrill Secures Significant New Drilling Contracts for 2015
2/19/2015IIROC Trade Resumption - EDV
2/19/2015Mining Updates Houndé Project Economics Following Increase I...
2/19/2015Endeavour Mining Updates Houndé Project Economics Following ...
1/15/2015Mining delivers 466,000 oz in 2014 to exceed guidance and ge...
10/30/2014Mining to release Q3 results on November 3, 2014
9/15/2014Mining provides notice of a substantial holder
8/1/2014Mining to Release Q2 Results on August 11, 2014
6/25/2014Mining Reports Commencement of Production from Segala Underg...
6/19/2014Mining reports results of AGM voting
5/22/2014Mining files Early Warning Report related to shareholding in...
5/5/2014Mining to Release Q1 Results on May 12, 2014
4/28/2014Mining files Technical Report for Tabakoto Gold Mine
3/19/2014Mining Reports 2013 All-In Margin of $93 Million and AISC of...
3/6/2014Mining Updates Agbaou Gold Mine Performance
11/4/2013Mining to release Q3 results on November 12, 2013
10/15/2013Mining initiates mining at Agbaou and completes power line i...
8/14/2013Mining reports Q2 all-in sustaining cost of $1,038/oz
8/6/2013Mining Reports Delivery of Mining Equipment at Agbaou Gold M...
7/24/2013Mining increases and extends debt facility to strengthen fin...
7/24/2013Mining increases and extends debt facility to strengthen fin...
6/25/2013Mining reports Tabakoto Mill expansion achieves design capac...
5/14/2013Mining reports Q1 all-in sustaining margin of $39 million an...
5/6/2013Mining to release Q1 results on May 14, 2013
4/24/2013Mining reports Agbaou Gold Mine construction progress
4/11/2013Mining Announces Mali Humanitarian Donation In Cooperation W...
3/20/2013Mining to release 2012 year-end results on March 28, 2013
3/12/2013Mining files Houndé PEA, completes in-fill drilling and adva...
10/18/2012Avion Gold announces completion of acquisition by Endeavour ...
10/1/2012Mining announces ISS and Glass Lewis recommend in favour of ...
8/21/2011Mining and Adamus Resources to Merge and Create a New Growth...
9/29/2009Burkina Faso, Brazil, Ghana & H1N1
1/26/2009GSWeekly - smart money - Endeavour Financial
12/19/2008EXPANDS DEBT FINANCE TEAM
9/10/2008Reinhard Updates Endeavour Financial Corp.
7/17/2008SHAREHOLDERS APPROVE NAME CHANGE TO ENDEAVOUR FINANCIAL CORP...
6/9/2008Announces Proposed Name Change and New Website
4/1/2008 Renews normal course issuer bid
2/15/2008Declares Monthly Dividend for February 2008
2/12/2008 Announces Q2 Earnings
1/14/2008declares monthly dividend for January 2008
12/12/2007Declares Monthly Dividend
10/23/2007Announces 80% Increase in Dividend
5/19/2006reports record silver quaterly silver production, gross reve...
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