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Endeavour Silver sells El Cubo mine to VanGold for US$15M - Vimarsana News

Endeavour Silver sells El Cubo mine to VanGold for US$15M

Endeavour Silver sells El Cubo mine to VanGold for US$15M Endeavour Silver's El Cubo silver mine in Guanajuato, Mexico. Credit: Endeavour Silver. Endeavour Silver (TSX: EDR; NYSE: EXK) has agreed to sell its El Cubo mine and related assets to Mexico-focused miner VanGold Mining (TSXV: VGLD). Endeavour will receive a combination of US$7.5 million cash, US$5 million in VanGold shares and US$2.5 million in unsecured promissory notes, for a total payment of US$15 million. The El Cubo mine, located in Guanajuato, Mexico, includes two previously operating underground mines and a flotation plant. ...

Vangold Mining Corp.: VanGold to Acquire El Cubo Mine & Mill from Endeavour Silver Corp - Vimarsana News

Vangold Mining Corp.: VanGold to Acquire El Cubo Mine & Mill from Endeavour Silver Corp

Vangold Mining Corp.: VanGold to Acquire El Cubo Mine & Mill from Endeavour Silver Corp VANCOUVER, BC / ACCESSWIRE / December 18, 2020 / VanGold Mining Corp (the " Company" or " VanGold") (TSXV:VGLD) is pleased to announce that it has signed a binding letter agreement with Endeavour Silver Corp. (" Endeavour") (EXK)(EDR) to acquire the El Cubo mine and mill complex located 8km by road northeast of the Company's El Pinguico silver-gold project near the city of Guanajuato, Mexico. El Cubo Complex: Endeavour Agreement") to acquire the El Cubo Mine and Mill complex (the " El Cubo Complex"). With...

Endeavour Silver Agrees to Sell El Cubo Mine in Guanajuato, Mexico to VanGold Mining Corp. for ... - Vimarsana News

Endeavour Silver Agrees to Sell El Cubo Mine in Guanajuato, Mexico to VanGold Mining Corp. for ...

Press release content from Globe Newswire. The AP news staff was not involved in its creation. Endeavour Silver Agrees to Sell El Cubo Mine in Guanajuato, Mexico to VanGold Mining Corp. for ... Endeavour Silver CorporationDecember 18, 2020 GMT VANCOUVER, British Columbia, Dec. 18, 2020 (GLOBE NEWSWIRE) -- Endeavour Silver Corp. (NYSE: EXK) (TSX: EDR) (“Endeavour”) announces that it has signed a binding Letter Agreement (“Agreement”) to sell its El Cubo Mine and related assets to VanGold Mining Corp. (“VanGold”) for US$15 million in cash and share payments plus additional contingen...

Source: apnews.com