EXK - Endeavour Silver announces $60M at-the-market equity offering
Endeavour Silver (EXK) enters into an sales agreement with the agents for at-the-market equity program enabling it to issue and sell up to $60M ((gross)), from time to time ((during the 20 months)), at its discretion.Net proceeds of the offering will be used to advance its Terronera project (including preparation of a feasibility study on the project), the Parral project, prospective mergers and acquisitions and for working capital purposes.Sales under the agreement remain subject to necessary regulatory approvals, including the approval of the TSX and the NYSE.Shares -3% premarket.
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Endeavour Silver announces $60M at-the-market equity offering