Endeavour Mining Plc - EDVMF STOCK NEWS

Endeavour Mining plc (EDVMF) is set to announce its Q4 and FY-2023 financial results on 27th March 2024, with a conference call and webcast to discuss the outcomes. The company's management will host the event at 9:30 am EDT/ 1:30 pm GMT on the same day, providing an opportunity for analysts and investors to participate.

Endeavour Mining plc announces the purchase of 26,500 of its ordinary shares from Stifel Nicolaus Europe Limited. The company bought back shares as part of its buy-back program, with a lowest price of 1,255.00 GBp and a highest price of 1,290.00 GBp per share. After the cancellation of repurchased shares, the Company will have 245,246,109 ordinary shares in issue.

Endeavour Mining plc announces the purchase of 35,000 of its ordinary shares from Stifel Nicolaus Europe Limited. The company will have no shares in treasury, with 245,272,609 ordinary shares in issue after the cancellation. This buyback is part of the Company's buy-back program announced in March 2023.

Endeavour Mining plc announces the purchase of 53,739 of its ordinary shares from Stifel Nicolaus Europe Limited, with transaction details and total voting rights. The buy-back program is part of the company's strategy to enhance shareholder value.

Endeavour Mining plc announces the purchase of 44,939 of its ordinary shares, providing detailed transaction information and the impact on total voting rights.

Endeavour Mining plc (LSE:EDV, TSX:EDV) announced its total voting rights as of January 31, 2024. The company's issued ordinary share capital was 245,471,271 ordinary shares of US$0.01 each, with no shares held in treasury pending cancellation. Shareholders can use this figure as the denominator for calculations to determine if they are required to notify their interest in the company under the FCA's Disclosure Guidance and Transparency Rules.

Endeavour Mining plc has announced a block listing of 1,000,000 ordinary shares on the London Stock Exchange, with the new shares expected to be admitted on January 26, 2024. These shares are being reserved under a block listing and may be issued in the future as a result of the award of ordinary shares pursuant to certain share incentive plans. The block listing is in respect of the Executive Performance Share Plan, Executive Performance Share Unit Plan (Non-UK Participants), and Employee Performance Share Unit Plan. The new shares will rank pari passu with existing shares.

Endeavour Mining plc expects significant growth in 2024 with the start-up of both projects in Q2-2024. The financial and operational highlights include a strong production of 1.1Moz at AISC of ~$964/oz, shareholder returns of $266m, and a growth investment of $542m in FY-2023. The Q4-2023 production of 280koz was flat over Q3-2023, while AISC decreased by $31/oz or 3.2% to ~$936/oz. The FY-2023 production of 1,072koz marked the 11th consecutive year of achieving or beating production guidance, with production set to increase by up to 18% in FY-2024 to 1,130-1,270koz due to project start-ups in Q2-2024. The company has a strong financial position with $757m of available liquidity and a net debt of $555m at year-end. The shareholder returns programme has been successful with a H2-2023 dividend of $100m declared, totalling $200m for FY-2023, and a share buyback programme continued with $26m worth of shares repurchased in Q4-2023, totalling $66m for FY-2023. The Sabodala-Massawa expansion and Lafigué project are on budget and on schedule for start-up in Q2-2024, with significant exploration success achieved in FY-2023.

Endeavour Mining plc has announced the determination of remuneration for former CEO Sébastien de Montessus following his termination. The impact on his remuneration has been made available on the Company's website. Contact information for inquiries is also provided.