09:07 AM EDT, 07/11/2025 (MT Newswires) -- Endeavour Silver ( EXK ) after markets closed on Thursday said it signed a sales agreement with agents to sell up to US$60 million in common shares.

Proceeds along with current cash resources, will be used to fund operations, to assess potential development stage mineral properties for acquisition and to fund any potential acquisitions, to continue exploration at its existing properties and to fund working capital needs.

Shares of the company closed up 2.9% to $7.43 on Thursday on the Toronto Stock Exchange.