Ms. Allison Pettit reports

ENDEAVOUR SILVER COMPLETES US$350 MILLION OFFERING OF CONVERTIBLE SENIOR NOTES

Endeavour Silver Corp. has closed its previously announced offering of $350-million (U.S.) aggregate principal amount of 0.25 per cent unsecured convertible senior notes due 2031, which includes the exercise in full of the $50-million (U.S.) option granted to the initial purchasers of the notes. The initial conversion rate for the notes is 80.2890 common shares of the company per $1,000 (U.S.) principal amount of notes, equivalent to an initial conversion price of approximately $12.4550 (U.S.) per share.

Endeavour intends to use the net proceeds of the offering to repay its senior secured debt facility with ING Capital LLC (together with ING Bank NV) and Societe Generale, to finance the advancement of its Pitarrilla project located in Durango state, Mexico, and for general corporate purposes, including strategic opportunities.

About Endeavour Silver Corp.

Endeavour is a mid-tier silver producer with four operating mines in Mexico and Peru and a robust pipeline of exploration projects across Mexico, Chile and the United States. With a proven record of discovery, development and responsible mining, Endeavour is driving organic growth and creating lasting value on its path to becoming a leading senior silver producer.

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