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Endeavour Silver Partners with Compañia Minera Kolpa S.A. to Acquire Huachocolpa Uno Mine
Apr 01, 2025•about 1 year ago
Contract Type
partnership
VancouverPrecious MetalsMining Technology
Description
Endeavour Silver Corp. has entered into a definitive share purchase agreement to acquire all outstanding shares of Compañia Minera Kolpa S.A., including the Huachocolpa Uno Mine, for a total consideration of $145 million. The consideration will be funded through a combination of net proceeds from a new copper purchase agreement, a bought deal financing, and cash on hand.
Company Information
Company
Endeavour Silver Corp
Location
Granville Street
Vancouver, British Columbia, Canada
About
Endeavour Silver Corp. is a mid-tier precious metals mining company that operates two high-grade underground silver-gold mines in Mexico. Endeavour is advancing construction of the Terronera Project and exploring its portfolio of exploration projects in Mexico, Chile and the United States to facilitate its goal to become a premier senior silver producer. Our philosophy of corporate social integrity creates value for all stakeholders.