Silver Producer Focused on Growth - Mexico

Three producing silver mines/mills in Mexico, the Guanacevi Mine in Durango State and the Bolanitos and El Cubo in Guanajuato. Production forcast for 2013: 8M Oz Eq @ 8-9$/Oz

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Message: Closes CA$14 Million Private Placement of Subordinated Debentures

Closes CA$14 Million Private Placement of Subordinated Debentures

posted on Feb 27, 2009 09:08AM
February 27, 2009
Endeavour Silver Closes CA$14 Million Private Placement of Subordinated Unsecured Convertible Redeemable Debentures
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 27, 2009) - Endeavour Silver Corp. (TSX:EDR)(NYSE Alternext US:EXK)(DBFrankfurt:EJD) announces that it has closed CA$14 million in private placement financing of five year 10% subordinated unsecured convertible redeemable debentures.

The offered securities have not been registered under the United States Securities Act of 1933, as amended, or applicable state securities laws, and may not be offered or sold in the United States absent registration or an applicable exemption from such registration requirements.

This news release shall not constitute an offer to sell or an offer to buy the securities in any jurisdiction.

Endeavour Silver Corp. (TSX:EDR)(NYSE Alternext US:EXK)(DBFrankfurt:EJD) is a small-cap silver mining company focused on the growth of its silver production, reserves and resources in Mexico. Since acquiring the Guanacevi Mines project in 2004, Endeavour has posted four consecutive years of aggressive silver production and reserve growth. The expansion programs now underway at Endeavour's two operating mines, Guanacevi in Durango State and Guanajuato in Guanajuato State should facilitate Endeavour's continued growth into a mid-tier primary silver producer.

ENDEAVOUR SILVER CORP.

Bradford Cooke, Chairman and CEO
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