Endeavour Silver Corp. (EXK) to Sell El Cubo Mine in Guanajuato, Mexico to VanGold Mining
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Endeavour Silver Signs Definitive Agreement to Sell the El Cubo Mine in Guanajuato, Mexico to VanGold Mining; Endeavour to be Added to the S&P/TSX Composite and NYSE Arca Gold Miners (GDX ETF) In
March 17, 2021 6:50 AM EDTVANCOUVER, British Columbia, March 17, 2021 (GLOBE NEWSWIRE) -- Endeavour Silver Corp. (TSX: EDR, NYSE: EXK) (Endeavour) announces that it has signed a definitive agreement to sell the El Cubo mine in Guanajuato, Mexico to VanGold Mining Corp. (VanGold) for $15 million in cash and share payments plus up to $3 million in contingent payments (all dollar amounts in USD unless otherwise noted).
VanGold will pay $15,000,000 to Endeavour as follows:
A non-refundable down-payment of $500,000 cash (received).$7.0... More
