Endeavour Silver (TSE:EDR) has released an update.
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Endeavour Silver has successfully completed its prospectus offering, raising approximately $72.8 million through the issuance of 15.8 million common shares at $4.60 each. The funds will be utilized to advance the Pitarrilla project in Mexico and for general working capital. This marks a significant step in Endeavour’s growth strategy, appealing to investors eyeing potential in the precious metals sector.
For further insights into TSE:EDR stock, check out TipRanks’ Stock Analysis page.