ENDEAVOUR MINING CAPITAL ANNOUNCES Q2 EARNINGS

Toronto Stock Exchange: EDV
February 12, 2008

George Town, February 12, 2008, Endeavour Mining Capital Corp. (�Endeavour� or �Corporation�) recorded net income of $1.5 million or $0.05 per share (or approximately CDN$0.05 per share) for the quarter ended December 31, 2007. This compares with net income of $32.3 million or $1.38 per share (or approximately CDN$1.61 per share) reported for the quarter ended December 31, 2006. The Corporation recorded $20.7 million of revenue from realised gains, interest and dividends and $17.3 million of financial advisory fees during the quarter. The realized revenue of $38.0 million was offset by an unrealised mark to market loss on the investment portfolio of $18.8 million, resulting in total revenue of $19.2 million.

Commenting, Neil Woodyer, Chief Executive Officer stated �In this quarter, we earned $17.3 million of revenue from advisory fees and $1.9 million of net investment income from our proprietary capital investments. We are satisfied to have generated a positive amount of investment income given the overall weak conditions of the global equity markets during the quarter. We are very pleased with the advisory fee revenues which are primarily the result of Endeavour�s role with two long-standing merchant banking clients, Northern Orion and Rusoro Mining. During the quarter we acted as an advisor to Northern Orion on its three-way merger with Yamana Gold and Meridian Gold to create one of the leading gold producers amongst the intermediates with a combined market value of $9.8 billion. Endeavour also acted as the advisor to Rusoro Mining on its acquisition of Gold Fields� Venezuelan gold assets in a transaction valued at $526 million. Most recently, Endeavour acted as the advisor to Petro Rubiales Energy on its acquisition of Pacific Stratus which closed in January 2008 to create the largest independent oil and gas company in Colombia. Due to the timing of the closing, the Petro Rubiales transaction will contribute to Q3 results. We are clearly seeing numerous benefits from the integrated merchant banking business strategy wherein we seek to maximise our earnings through advisory fees and timely capital investments. We are focused on creating value for our clients as we are often shareholders. We have, or have had, equity investments in each of Northern Orion, Yamana, Rusoro, Petro Rubiales and Pacific Stratus, to name a few.�

Commenting on the results, Frank Holmes, Chairman said �The resource markets have continued to experiencing a sharp sell off as investors scramble for liquidity due to the subprime debt crisis. Despite the sell off, Endeavour�s net investment income was positive for the quarter at $1.9 million. We consider the proprietary capital investments to be well positioned in a very volatile market and we have no exposure to asset backed securities or subprime debt. Most importantly China�s 11th five year plan is to double infrastructure spending and India has increased its five year investment plan by 130% to a record $500 billion to improve their infrastructure on the back drop of tight supplies for most metals.�

Endeavour will host a conference call today to discuss this earnings announcement at 10:00 AM Eastern Standard Time. The meeting will be webcast by V-Call and can be accessed from the Corporation�s website at www.endeavourminingcapital.com or by calling the operator at 201-689-8031 or toll free 1-877-407-8031 prior to the scheduled start time.

The conference call will be archived for later playback on the Corporation�s website.

Endeavour Mining Capital Corp. is a publicly-traded merchant banking company offering integrated capital investment and financial advisory services to the global natural resources sector. The Corporation offers a unique combination of financial and intellectual capital to help build companies and create shareholder value. Our shares are listed on the Toronto Stock Exchange under the symbol EDV and offer a distinctly different way to invest in the natural resources sector.

For additional information, please visit our corporate website, www.endeavourminingcapital.com.

On behalf of Endeavour Mining Capital Corp.

�Bill Koutsouras�
Chief Financial Officer, Director & Secretary

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 statements relating to the future performance of Endeavour Mining Capital Corp. Forward-looking statements, specifically those concerning future performance, are 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 further information on Q2 Earnings and Webcast please click here.

For additional information, please contact:
Investor Relations, Vanguard Shareholder Solutions
Phone: 1-866-801-0779 or (604) 608-0824
email: investor@endeavourminingcapital.com







Endeavour Mining Capital
Vanguard Shareholder Solutions
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