Endeavour Silver executed a credit agreement for a secured revolving term credit facility for up to $25 million with ING Capital acting as administrative agent. Proceeds from the revolving credit facility will be available for the company’s general corporate and working capital purposes, including permitted acquisitions and permitted investments.
“The revolving credit facility strengthens Endeavour’s financial flexibility and enhances our ability to pursue disciplined growth,” Dan Dickson, CEO of Endeavour, said. “With access to additional working capital, we are better positioned to support our operations, invest in value-enhancing opportunities and evaluate acquisitions and investments that align with our strategy. This facility provides an important layer of financial security as we continue advancing our growth pipeline and working toward our goal of becoming a leading senior silver producer.”
