<SEC-DOCUMENT>0001171843-19-000218.txt : 20190110
<SEC-HEADER>0001171843-19-000218.hdr.sgml : 20190110
<ACCEPTANCE-DATETIME>20190110065025
ACCESSION NUMBER:		0001171843-19-000218
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20190110
FILED AS OF DATE:		20190110
DATE AS OF CHANGE:		20190110

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ENDEAVOUR SILVER CORP
		CENTRAL INDEX KEY:			0001277866
		STANDARD INDUSTRIAL CLASSIFICATION:	GOLD & SILVER ORES [1040]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			A1
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-33153
		FILM NUMBER:		19519235

	BUSINESS ADDRESS:	
		STREET 1:		700 WEST PENDER STREET
		STREET 2:		SUITE 301
		CITY:			VANCOUVER
		STATE:			A1
		ZIP:			V6C 1G8
		BUSINESS PHONE:		604-685-9775

	MAIL ADDRESS:	
		STREET 1:		700 WEST PENDER STREET
		STREET 2:		SUITE 301
		CITY:			VANCOUVER
		STATE:			A1
		ZIP:			V6C 1G8

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ENDEAVOUR GOLD CORP
		DATE OF NAME CHANGE:	20040128
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>f6k_010919.htm
<DESCRIPTION>FORM 6-K
<TEXT>
<html><head><title></title></head><body style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><div align="center"><div style="margin-top: 3pt; margin-bottom: 12pt;"><div style="font-size: 1pt; border-top: Black 2.5pt solid; border-bottom: Black 1.1pt solid; width: 100%;">&#160;</div></div><p style="font-size: 14pt;" align="center"><strong>UNITED STATES</strong><br /><strong>SECURITIES AND EXCHANGE COMMISSION</strong><br /><strong>Washington, D.C. 20549</strong></p><p style="font-size: 14pt; text-transform: uppercase;" align="center"><strong>Form 6-K</strong></p><p style="text-align: center;"><strong></strong></p><p style="text-align: center;"><strong>REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934</strong></p><p style="text-align: center;"><strong></strong><strong>For the month of January 2019</strong></p><p style="text-align: center;">Commission File Number: <strong>001-33153</strong></p><p style="text-align: center;"><font style="font-size: 12pt;"><strong>Endeavour Silver Corp.</strong></font><br />(Translation of registrant's name into English)</p><p style="text-align: center;"><strong>700 WEST PENDER STREET SUITE 301 VANCOUVER, BRITISH COLUMBIA, CANADA V6C 1G8</strong><br />(Address of principal executive office)</p></div><p>Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.<br />Form 20-F [&#160;&#160; ] &#160;&#160;&#160;&#160;&#160;Form 40-F [&#160;X ]</p><p>Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): <u></u></p><p><strong>Note:&#160;</strong>Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.</p><p>Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): <u></u></p><p><strong>Note:&#160;</strong>Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant's "home country"), or under the rules of the home country exchange on which the registrant's securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant's security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.</p><p>Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934. Yes ___ No <u>&#160;&#160;X&#160;&#160;</u></p><p>If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-</p><hr style="page-break-after: always;" noshade="noshade" /><p style="text-align: center;"><strong>SIGNATURES</strong></p><p>Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.</p><table style="font-family: Times New Roman; font-size: 10pt;" border="0" width="100%" cellspacing="0" cellpadding="0"><tr valign="top"><td width="47%">&#160;</td><td width="6%">&#160;</td><td style="text-decoration: underline;" align="center" width="47%"><strong>&#160;&#160;&#160;&#160;Endeavour Silver Corp.&#160;&#160;&#160;&#160;</strong></td></tr><tr valign="top"><td width="47%">&#160;</td><td width="6%">&#160;</td><td align="center" width="47%">(Registrant)</td></tr><tr valign="top"><td width="47%">&#160;</td><td width="6%">&#160;</td><td align="center" width="47%">&#160;</td></tr><tr valign="top"><td width="47%">&#160;</td><td width="6%">&#160;</td><td align="center" width="47%"></td></tr><tr valign="top"><td width="47%">Date: January 10, 2019</td><td width="6%">&#160;</td><td style="text-decoration: underline;" align="center" width="47%">&#160;&#160;&#160;&#160;/s/ BRADFORD COOKE&#160;&#160;&#160;&#160;</td></tr><tr valign="top"><td width="47%">&#160;</td><td width="6%">&#160;</td><td align="center" width="47%">Bradford Cooke</td></tr><tr valign="top"><td width="47%">&#160;</td><td width="6%">&#160;</td><td align="center" width="47%">CEO </td></tr><tr valign="top"><td width="47%">&#160;</td><td width="6%">&#160;</td><td align="center" width="47%"></td></tr></table><!-- On January 10, 2019, the Registrant issued a press release, a copy of which is attached hereto as Exhibit 99.1 and is incorporated herein by reference. <br /><br />(c) Exhibit 99.1. Press release dated January 10, 2019 --><p><hr style="page-break-after: always;" noshade="noshade" /><p style="text-align: center;"><font style="font-size: 10pt;"><strong>EXHIBIT INDEX</strong></font></p><p style="text-align: center;"><font style="font-size: 10pt;">&#160;</font></p><table style="font-size: 10pt;" border="0" cellspacing="0" cellpadding="0"><tr><td style="text-decoration: underline;" valign="bottom"><font style="font-size: 10pt;"><strong>Exhibit Number</strong></font></td><td width="20"><font style="font-size: 10pt;">&#160;</font></td><td style="text-decoration: underline;" valign="bottom"><font style="font-size: 10pt;"><strong>Description</strong></font></td></tr><tr><td><font style="font-size: 10pt;"></font></td><td width="20"><font style="font-size: 10pt;">&#160;</font></td><td><font style="font-size: 10pt;">&#160;</font></td></tr><tr><td><font style="font-size: 10pt;"><a href="exh_991.htm">99.1</a></font></td><td width="20"><font style="font-size: 10pt;">&#160;</font></td><td><font style="font-size: 10pt;"><a href="exh_991.htm">Press Release dated January 10, 2019</a> </font></td></tr></table></p></body></html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>exh_991.htm
<DESCRIPTION>PRESS RELEASE
<TEXT>
<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"><html lang="en-US"><head><title>EdgarFiling</title><meta content="text/html; charset=windows-1252" ><meta name="GENERATOR" content="MSHTML 8.00.7601.18094" ></head><body bgcolor="#ffffff"><p style="text-align: right;"><strong>EXHIBIT 99.1</strong></p><p style="text-align: center;"><font style="font-size: 14pt;"><strong>Endeavour Silver Produces 5.5 Million oz Silver and 52,967 oz Gold for 9.5 Million oz Silver Equivalents in 2018</strong></font></p><p style="text-align: center;"><strong></strong></p><p>
     <p align="justify">VANCOUVER, British Columbia, Jan.  10, 2019  (GLOBE NEWSWIRE) -- <strong>Endeavour Silver Corp. </strong><strong>(TSX: EDR, NYSE: EXK)</strong> reports 2018 consolidated production of 5.5 million ounces (oz) silver and 52,967 oz gold, for silver equivalent production of 9.5 million oz at a 75:1 silver: gold ratio. Silver production in the Fourth Quarter, 2018 was 1,386,505 oz and gold production was 13,117 oz, for silver equivalent production of 2.4 million oz.<br ></p>      <p align="justify">Endeavour owns and operates three silver mines in Mexico, the Guanacev&#237; mine in Durango state and the Bola&#241;itos and El Cubo mines in Guanajuato state.&#160; Last year, the Company developed and is now commissioning a fourth mine, the El Compas mine in Zacatecas state. Production from the three mines was higher in 2018 compared to 2017 but fell short of the Company&#8217;s 2018 production guidance.&#160;</p>      <p align="justify">The 7% improved production performance in 2018 compared to 2017 was due to higher mine output, silver and gold grades and recoveries at the El Cubo mine.&#160; The 7% production shortfall in 2018 compared to guidance was due to lower mine output and silver grades at Guanacev&#237;, lower gold grades at Bola&#241;itos and delays in achieving commercial production at El Compas.</p>      <p align="justify"><strong><u>Highlights for Fourth Quarter, 2018 (Compared to Fourth Quarter, 2017)</u></strong></p>      <ul><li>Silver production decreased 4% to 1,386,505 oz<br ></li><li>Gold production decreased 10% to 13,117 oz<br ></li><li>Silver equivalent production was 2.4 million oz (at a 75:1 silver: gold ratio)<br ></li><li>Silver ounces sold totaled 1,264,340 oz<br ></li><li>Gold ounces sold totaled 11,819 oz</li><li>Bullion inventory at year-end included 101,146 oz silver and 218 oz gold</li><li>Concentrate inventory at year-end included 96,614 oz silver and 1,517 oz gold<br >&#160;</li><li>Nick Shakesby was appointed as new Vice President, Operations</li><li>Bola&#241;itos drilling returned multiple high-grade intersections including 1,415 grams per tonne (gpt) silver and 2.25 gpt gold over a 1.1 metre (m) true width&#160;in the San Miguel vein</li><li>Parral drilling and underground sampling returned multiple high-grade intersections including 934 gpt silver, 0.21 gpt gold, 3.0% lead and 5.9% zinc over 4.2 m true width and excellent metallurgical recoveries by flotation and leaching</li><li>El Compas commissioning has been delayed due to several issues including excess clay in ore that caused a recovery issue in the plant (metallurgical studies ongoing), a water issue in the tailings facilities (now resolved), and a ball mill equipment failure in late December (to be rectified by late January) that halted plant operations while the mine continues operating (ore stockpile now exceeds 10,000 tonnes)</li></ul>      <p align="justify"><strong><u>Highlights for Fiscal 2018 (Compared to Fiscal 2017)</u></strong></p>      <ul><li>Silver production increased 12% year-on-year to 5,522,068 oz<br ></li><li>Gold production was flat with 52,967 oz<br ></li><li>Silver equivalent production was 9.5 million oz (at a 75:1 silver:gold ratio)<br ></li><li>Silver ounces sold totaled 5,461,197 oz<br ></li><li>Gold ounces sold totaled 51,318 oz<br ><br ></li><li>Manuel Echevarria was appointed as Vice President, New Projects<br ></li><li>El Cubo mine output, grades, recoveries and production were significantly higher than 2017<br ></li><li>El Compas mine development was completed and plant commissioning is ongoing<br ></li><li>Terronera reserves and resources increased and an updated pre-feasibility study was completed</li></ul>      <p align="justify">Bradford Cooke, CEO, commented, "All in all, 2018 was quite a transition year for Endeavour Silver.&#160; We saw improved performance from El Cubo, but declining performance at Bola&#241;itos, where new mineralized zones were discovered and at Guanacev&#237;, where two new orebodies are being developed.&#160; The new El Compas mine completed its initial mine development but plant commissioning issues have delayed production.&#160; In October, Nick Shakesby was appointed new VP Operations to help make a positive difference in our mining operations.</p>      <p align="justify">&#8220;We also appointed Manuel Echevarria in May as VP New Projects to oversee the engineering and development of our new mines.&#160; The Terronera project advanced to an expanded reserve and resource estimate and a new and improved pre-feasibility study was released in August.&#160; At Parral, drilling intersected multiple high-grade intersections in the San Patricio vein and significant silver mineralization was mapped and sampled underground at the Veta Colorada mine.</p>      <p align="justify">&#8220;In 2019, we anticipate improving the performance of the Guanacev&#237; and Bola&#241;itos mines, making the most of our declining reserves at the El Cubo mine, delivering our first year of commercial production at El Compas and upon receiving a positive board decision, commencing the development of our fifth mine at Terronera.&#160; Endeavour is fortunate to have a compelling pipeline of development projects to replace old mines and fuel our future growth.&#8221;</p>      <p align="justify"><strong><u>Operating Highlights for 2018</u></strong></p>   <table style="width:100%; border-collapse:collapse !important;;border-collapse: collapse; "><tr><td colspan="7" style="text-align: left ;  vertical-align: bottom; vertical-align: middle ; ">&#160;</td></tr><tr><td colspan="7" style="text-align: left ;  vertical-align: bottom; vertical-align: middle ; "><strong>Consolidated Production</strong></td></tr><tr><td colspan="3" style="border-top: solid black 1pt ; text-align: center ;  vertical-align: bottom; vertical-align: middle ; "><strong>Three Months Ended December 31</strong></td><td rowspan="2" style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: center ;  vertical-align: bottom; vertical-align: middle ; "><strong>&#160;</strong></td><td colspan="3" style="border-top: solid black 1pt ; text-align: center ;  vertical-align: bottom; vertical-align: middle ; "><strong>Year Ended December 31</strong></td></tr><tr><td style="border-bottom: solid black 1pt ; text-align: center ;  vertical-align: bottom; vertical-align: middle ; "><strong>2018</strong></td><td style="border-bottom: solid black 1pt ; text-align: center ;  vertical-align: bottom; vertical-align: middle ; "><strong>2017</strong></td><td style="border-bottom: solid black 1pt ; text-align: center ;  vertical-align: bottom; vertical-align: middle ; "><strong>%<br >Change</strong></td><td style="border-bottom: solid black 1pt ; text-align: center ;  vertical-align: bottom; vertical-align: middle ; "><strong>2018</strong></td><td style="border-bottom: solid black 1pt ; text-align: center ;  vertical-align: bottom; vertical-align: middle ; "><strong>2017</strong></td><td style="border-bottom: solid black 1pt ; text-align: center ;  vertical-align: bottom; vertical-align: middle ; "><strong>%<br >Change</strong></td></tr><tr><td style="max-width:11%; width:11%; min-width:11%;;text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">309,036</td><td style="max-width:11%; width:11%; min-width:11%;;text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">349,924</td><td style="max-width:11%; width:11%; min-width:11%;;padding-right: 0 ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">(12%)</td><td style="max-width:34%; width:34%; min-width:34%;;text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">Throughput (tonnes)</td><td style="max-width:11%; width:11%; min-width:11%;;text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">1,266,831</td><td style="max-width:11%; width:11%; min-width:11%;;text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">1,279,873</td><td style="max-width:11%; width:11%; min-width:11%;;padding-right: 0 ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">(1%)</td></tr><tr><td style="text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">1,386,505</td><td style="text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">1,436,962</td><td style="padding-right: 0 ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">(4%)</td><td style="text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">Silver ounces produced</td><td style="text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">5,522,068</td><td style="text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">4,919,788</td><td style="padding-right: 0 ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">12%</td></tr><tr><td style="text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">13,117</td><td style="text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">14,577</td><td style="padding-right: 0 ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">(10%)</td><td style="text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">Gold ounces produced</td><td style="text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">52,967</td><td style="text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">53,007</td><td style="padding-right: 0 ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">(0%)</td></tr><tr><td style="text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">1,359,256</td><td style="text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">1,400,705</td><td style="padding-right: 0 ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">(3%)</td><td style="text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">Payable silver ounces produced</td><td style="text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">5,417,633</td><td style="text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">4,803,589</td><td style="padding-right: 0 ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">13%</td></tr><tr><td style="text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">12,821</td><td style="text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">14,245</td><td style="padding-right: 0 ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">(10%)</td><td style="text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">Payable gold ounces produced</td><td style="text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">51,826</td><td style="text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">51,797</td><td style="padding-right: 0 ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">0%</td></tr><tr><td style="text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">2,370,280</td><td style="text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">2,530,237</td><td style="padding-right: 0 ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">(6%)</td><td style="text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">Silver equivalent ounces produced<sup>(1)</sup></td><td style="text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">9,494,593</td><td style="text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">8,895,313</td><td style="padding-right: 0 ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">7%</td></tr><tr><td style="text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">1,264,340</td><td style="text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">1,392,518</td><td style="padding-right: 0 ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">(9%)</td><td style="text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">Silver ounces sold</td><td style="text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">5,461,197</td><td style="text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">4,892,855</td><td style="padding-right: 0 ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">12%</td></tr><tr><td style="border-bottom: solid black 1pt ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">11,819</td><td style="border-bottom: solid black 1pt ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">14,117</td><td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">(16%)</td><td style="border-bottom: solid black 1pt ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">Gold ounces sold</td><td style="border-bottom: solid black 1pt ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">51,318</td><td style="border-bottom: solid black 1pt ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">51,460</td><td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">(0%)</td></tr></table>   <p align="justify"><br ></p>   <table style="width:100%; border-collapse:collapse !important;;border-collapse: collapse; "><tr><td colspan="9" style="max-width:13%; width:13%; min-width:13%;;vertical-align: bottom ; "><strong>Fourth Quarter Production by Mine</strong></td></tr><tr><td style="max-width:13%; width:13%; min-width:13%;;border-top: solid black 1pt ; border-right: solid black 1pt ; vertical-align: bottom ; "><strong>Production</strong><strong>&#160;</strong></td><td style="max-width:11%; width:11%; min-width:11%;;border-top: solid black 1pt ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; "><strong>Tonnes</strong><strong>&#160;</strong></td><td style="max-width:11%; width:11%; min-width:11%;;border-top: solid black 1pt ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; "><strong>Tonnes</strong></td><td style="max-width:11%; width:11%; min-width:11%;;border-top: solid black 1pt ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; "><strong>Grade</strong></td><td style="max-width:11%; width:11%; min-width:11%;;border-top: solid black 1pt ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; "><strong>Grade</strong></td><td style="max-width:11%; width:11%; min-width:11%;;border-top: solid black 1pt ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; "><strong>Recovery</strong></td><td style="max-width:11%; width:11%; min-width:11%;;border-top: solid black 1pt ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; "><strong>Recovery</strong></td><td style="max-width:11%; width:11%; min-width:11%;;border-top: solid black 1pt ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; "><strong>Silver</strong></td><td style="max-width:10%; width:10%; min-width:10%;;border-top: solid black 1pt ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; "><strong>Gold</strong></td></tr><tr><td style="border-right: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: bottom ; "><strong>by mine</strong></td><td style="border-bottom: solid black 1pt ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; "><strong>Produced</strong></td><td style="border-bottom: solid black 1pt ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; "><strong>per day</strong></td><td style="border-bottom: solid black 1pt ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; "><strong>Ag gpt</strong><sup><strong>(1)</strong></sup></td><td style="border-bottom: solid black 1pt ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; "><strong>Au gpt</strong><sup><strong>(1)</strong></sup></td><td style="border-bottom: solid black 1pt ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; "><strong>Ag</strong><strong>&#160; </strong><strong>%</strong></td><td style="border-bottom: solid black 1pt ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; "><strong>Au</strong><strong>&#160; </strong><strong>%</strong></td><td style="border-bottom: solid black 1pt ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; "><strong>Oz</strong></td><td style="border-bottom: solid black 1pt ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; "><strong>Oz</strong></td></tr><tr><td style="border-right: solid black 1pt ; text-align: justify ;  vertical-align: bottom; vertical-align: bottom ; ">Guanacev&#237;</td><td style="text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">75,528</td><td style="text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">821</td><td style="text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">222</td><td style="text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">0.58</td><td style="padding-right: 0 ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">89.8%</td><td style="padding-right: 0 ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">88.0%</td><td style="text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">484,197</td><td style="text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">1,240</td></tr><tr><td style="border-right: solid black 1pt ; text-align: justify ;  vertical-align: bottom; vertical-align: bottom ; ">Bola&#241;itos</td><td style="text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">105,768</td><td style="text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">1,150</td><td style="text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">82</td><td style="text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">1.77</td><td style="padding-right: 0 ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">84.4%</td><td style="padding-right: 0 ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">85.8%</td><td style="text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">235,326</td><td style="text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">5,166</td></tr><tr><td style="border-right: solid black 1pt ; border-bottom: solid black 1pt ; text-align: justify ;  vertical-align: bottom; vertical-align: bottom ; ">El Cubo</td><td style="border-bottom: solid black 1pt ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">127,740</td><td style="border-bottom: solid black 1pt ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">1,388</td><td style="border-bottom: solid black 1pt ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">181</td><td style="border-bottom: solid black 1pt ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">1.93</td><td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">89.7%</td><td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">84.7%</td><td style="border-bottom: solid black 1pt ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">666,982</td><td style="border-bottom: solid black 1pt ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">6,711</td></tr><tr><td style="border-right: solid black 1pt ; border-bottom: solid black 1pt ; text-align: justify ;  vertical-align: bottom; vertical-align: bottom ; ">Consolidated</td><td style="border-bottom: solid black 1pt ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">309,036</td><td style="border-bottom: solid black 1pt ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">3,359</td><td style="border-bottom: solid black 1pt ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">157</td><td style="border-bottom: solid black 1pt ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">1.55</td><td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">88.8%</td><td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">85.4%</td><td style="border-bottom: solid black 1pt ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">1,386,505</td><td style="border-bottom: solid black 1pt ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">13,117</td></tr></table>   <p><br ></p>   <table style="width:100%; border-collapse:collapse !important;;border-collapse: collapse; "><tr><td colspan="9" style="max-width:13%; width:13%; min-width:13%;;vertical-align: bottom ; "><strong>2018 Production by Mine</strong></td></tr><tr><td style="max-width:13%; width:13%; min-width:13%;;border-top: solid black 1pt ; border-right: solid black 1pt ; vertical-align: bottom ; "><strong>Production</strong><strong>&#160;</strong></td><td style="max-width:11%; width:11%; min-width:11%;;border-top: solid black 1pt ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; "><strong>Tonnes</strong><strong>&#160;</strong></td><td style="max-width:11%; width:11%; min-width:11%;;border-top: solid black 1pt ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; "><strong>Tonnes</strong></td><td style="max-width:11%; width:11%; min-width:11%;;border-top: solid black 1pt ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; "><strong>Grade</strong></td><td style="max-width:11%; width:11%; min-width:11%;;border-top: solid black 1pt ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; "><strong>Grade</strong></td><td style="max-width:11%; width:11%; min-width:11%;;border-top: solid black 1pt ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; "><strong>Recovery</strong></td><td style="max-width:11%; width:11%; min-width:11%;;border-top: solid black 1pt ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; "><strong>Recovery</strong></td><td style="max-width:11%; width:11%; min-width:11%;;border-top: solid black 1pt ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; "><strong>Silver</strong></td><td style="max-width:10%; width:10%; min-width:10%;;border-top: solid black 1pt ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; "><strong>Gold</strong></td></tr><tr><td style="border-right: solid black 1pt ; border-bottom: solid black 1pt ; vertical-align: bottom ; "><strong>by mine</strong></td><td style="border-bottom: solid black 1pt ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; "><strong>Produced</strong></td><td style="border-bottom: solid black 1pt ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; "><strong>per day</strong></td><td style="border-bottom: solid black 1pt ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; "><strong>Ag gpt</strong><sup><strong>(1)</strong></sup></td><td style="border-bottom: solid black 1pt ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; "><strong>Au gpt</strong><sup><strong>(1)</strong></sup></td><td style="border-bottom: solid black 1pt ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; "><strong>Ag</strong><strong>&#160; </strong><strong>%</strong></td><td style="border-bottom: solid black 1pt ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; "><strong>Au</strong><strong>&#160; </strong><strong>%</strong></td><td style="border-bottom: solid black 1pt ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; "><strong>Oz</strong></td><td style="border-bottom: solid black 1pt ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; "><strong>Oz</strong></td></tr><tr><td style="border-right: solid black 1pt ; text-align: justify ;  vertical-align: bottom; vertical-align: bottom ; ">Guanacev&#237;</td><td style="text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">307,042</td><td style="text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">841</td><td style="text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">222</td><td style="text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">0.59</td><td style="padding-right: 0 ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">89.6%</td><td style="padding-right: 0 ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">89.7%</td><td style="text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">1,963,773</td><td style="text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">5,224</td></tr><tr><td style="border-right: solid black 1pt ; text-align: justify ;  vertical-align: bottom; vertical-align: bottom ; ">Bola&#241;itos</td><td style="text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">439,005</td><td style="text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">1,203</td><td style="text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">86</td><td style="text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">1.79</td><td style="padding-right: 0 ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">80.4%</td><td style="padding-right: 0 ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">83.6%</td><td style="text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">975,555</td><td style="text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">21,127</td></tr><tr><td style="border-right: solid black 1pt ; border-bottom: solid black 1pt ; text-align: justify ;  vertical-align: bottom; vertical-align: bottom ; ">El Cubo</td><td style="border-bottom: solid black 1pt ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">520,784</td><td style="border-bottom: solid black 1pt ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">1,427</td><td style="border-bottom: solid black 1pt ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">176</td><td style="border-bottom: solid black 1pt ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">1.87</td><td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">87.6%</td><td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">85.0%</td><td style="border-bottom: solid black 1pt ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">2,582,740</td><td style="border-bottom: solid black 1pt ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">26,616</td></tr><tr><td style="border-right: solid black 1pt ; border-bottom: solid black 1pt ; text-align: justify ;  vertical-align: bottom; vertical-align: bottom ; ">Consolidated</td><td style="border-bottom: solid black 1pt ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">1,266,831</td><td style="border-bottom: solid black 1pt ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">3,471</td><td style="border-bottom: solid black 1pt ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">156</td><td style="border-bottom: solid black 1pt ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">1.53</td><td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">86.9%</td><td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">84.9%</td><td style="border-bottom: solid black 1pt ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">5,522,068</td><td style="border-bottom: solid black 1pt ; text-align: center ;  vertical-align: bottom; vertical-align: bottom ; ">52,967</td></tr><tr><td colspan="9" style="text-align: justify ;  vertical-align: bottom; vertical-align: bottom ; ">&#160;</td></tr><tr><td colspan="9" style="text-align: justify ;  vertical-align: bottom; vertical-align: bottom ; ">1)&#160;2018 &amp; 2017 silver equivalents based on a 75:1 gold:silver ratio;</td></tr><tr><td colspan="9" style="text-align: justify ;  vertical-align: bottom; vertical-align: bottom ; ">2)&#160;gpt = grams per tonne</td></tr></table>   <p><strong><br ><u>Guanacev&#237; Mine</u></strong><br ></p>      <p align="justify">In 2018, Guanacev&#237; continued to face operational challenges. The remaining reserves at the two operating mines, Porvenir Norte and Santa Cruz, are now deeper, narrower and lower grade compared to prior years, resulting in lower production from these areas.&#160; The permitting and development of two new shallower, wider, higher grade orebodies, Milache and SCS, suffered delays which resulted in a shortfall of both tonnes and grades to the plant. At year-end, the Milache orebody had three underground levels open and advancing in lower grade ore with grades increasing with depth as modeled.&#160; A new adit was collared late in the year to develop the SCS orebody. &#160;Management expects both new orebodies will reach their planned production rates during 2019.</p>      <ul type="disc"><li>Silver production was 11% below guidance, based on lower throughput and lower silver grades partly offset by higher silver recovery</li><li>Gold production met the low end of guidance, as the lower throughput was partly offset by higher gold recovery</li><li>Silver equivalent production was 8% below guidance due to the shortfall in silver production</li><li>Completed 9.0 kilometres (km) of underground mine development compared to planned 12.1km</li><li>Expanded the Porvenir Norte and Santa Cruz mineralized zones by drilling</li><li>Commenced development of the Milache and SCS orebodies</li></ul>      <p align="justify"><strong><u>Bola</u></strong><strong><u>&#241;</u></strong><strong><u>itos </u></strong><strong><u>Mine</u></strong></p>      <p align="justify">In 2018, Bola&#241;itos throughput exceeded plan however grades were below the mine plan, which was modified to include new but lower grade resources along the margins of the LL-Asuncion and Plateros veins to extend the mine life, resulting in lower production grades and metal production compared to guidance.&#160; Ore grades are expected to increase modestly in 2019, in line with the new mine plan.&#160;</p>      <ul type="disc"><li>Silver production fell 3% short of guidance, based lower grades and slightly lower recoveries</li><li>Gold production was 10% below guidance, based on lower grades and lower recoveries</li><li>Silver equivalent production was 7% below guidance</li><li>Completed 3.3 km of underground mine development</li><li>Extended the LL-Asuncion and Plateros orebodies by drilling</li><li>Drilling outlined several new mineralized areas and extensions to known areas, with potential for new resources to extend the mine life at&#160;Bola&#241;itos</li></ul>      <p align="justify"><strong><u>El Cubo Mine</u></strong></p>      <p align="justify">In 2018, El Cubo had a good year, with both throughput and grades coming in above the mine plan.&#160; Variations in the V-Asuncion orebody resulted in higher gold grades, offset by lower silver grades than planned. The higher throughput resulted in silver production meeting the low range of guidance and gold production exceeding guidance. However, exploration was not able to replace the depleted resources so the Company plans to reduce the production rate in 2019 to approximately half its 1500 tonne per day capacity, which will result in higher operating costs compared to 2018, while continuing to explore for new resources to extend the mine life. &#160;Accordingly, the Company has initiated layoffs of approximately 240 employees to reflect the lower production rate in 2019.&#160; The mine will continue to run at three shifts per day but the plant will move to one shift per day. Some idled mining equipment at El Cubo was transferred to the El Compas mine in Zacatecas to facilitate their mine plan in 2019.</p>      <ul type="disc"><li>Silver production met guidance based on slightly higher throughput offset by slightly lower grade</li><li>Gold production exceeded guidance by 9% based on slightly higher throughput and significantly higher grade</li><li>Silver equivalent production exceeded the midpoint of guidance by 5%</li><li>Completed 6.7 km of underground mine development</li><li>Drilling on new targets did not intersect any economic mineralization</li></ul>      <p align="justify"><strong><u>El Compas Mine</u></strong></p>      <p align="justify">Mining of lower grade development ore and commissioning of the El Compas plant was initiated in the 2<sup>nd</sup> quarter.&#160; A total of 6,500 tonnes was processed to test all the plant circuits through the middle of August.&#160; Excess clay in the ore created recovery issues so various plant circuits were modified to resolve the clay and other normal start-up issues.&#160;In mid-August 2018, based on an independent engineering review, commissioning of the plant was temporarily halted to allow the tailings area to be dewatered and excess clay to be removed for improved drainage.&#160;&#160;A second fine tailings area was excavated in September 2018 to improve overall settling of the fine tailings and allow the coarse tailings storage area to form a solid beach. The plant commissioning re-commenced in mid-October, 2018. In late December, the ball mill pinion failed which brought plant operations to a halt (mine still operating and ore stockpile now exceeds 10,000 tonnes). Management expects to recommence plant operations after a new pinion is installed in late January.</p>      <ul type="disc"><li>Completed 2.6 km of underground mine development</li><li>Drilling on the Calicanto property intersected high grade silver-gold mineralization in two veins</li></ul>      <p align="justify"><strong><u>Sustainability</u></strong></p>      <ul type="disc"><li>We continued to focus our sustainability efforts on safety &amp; health, our people, the environment, local communities and positive economic impacts</li><li>Endeavour decreased the reportable injury frequency rate by 33% during 2018</li><li>Endeavour Silver was ranked by Corporate Knights as one of the 2018 &#8220;Future 40 - Responsible Corporate Leaders in Canada&#8221; for mid-sized corporations for the way we conduct our business</li><li>Bola&#241;itos and El Cubo both received the annual &#8220;Socially Responsible Company&#8221; distinction from CEMEFI (Mexican Philanthropy Center)</li><li>The community relations team at Terronera carried out a social impact study for the proposed new mine to identify and address topics of importance to the local communities</li><li>Each operating mine, Guanacev&#237;, Cubo and Bola&#241;itos, developed a Post-Mining Sustainability Plan, which identifies the main actions needed to ensure the sustainability of the communities after each mine ceases to operate</li><li>We continue to invest in the scholarship program in Bola&#241;itos, benefiting about 50 students from high school and university levels, some through a partnership with the University of Guanajuato</li><li>The Company planted 53,410 trees and cacti to reclaim disturbed ground at all of our mines and projects</li><li>The 2018 Annual Review and Sustainability Report will be published in early May</li></ul>      <p align="justify"><strong><u>Upcoming News </u></strong></p>      <p align="justify">Over the next month, Endeavour expects to release the following:</p>      <ul type="disc"><li>Year-end Mineral Reserve and Resource Estimates</li><li>2019 production and cost guidance</li><li>2019 exploration and development plans and a &#8220;Growth Strategy&#8221; webinar presentation</li></ul>      <p align="justify"><strong><u>Release of 2018 Financial Results and Conference Call</u></strong><br >The 2018 Fourth Quarter and year-end consolidated financial results will be released before market on Monday, February 25, 2019 and a telephone conference call will be held the same day at 10:00am PT (1:00pm ET). To participate in the conference call, please dial the numbers below. No pass-code is necessary.</p>      <p>Toll-free in Canada and the US: 1-800-319-4610<br > Local Vancouver: 604-638-5340<br > Outside of Canada and the US: +604-638-5340</p>      <p align="justify">A replay of the conference call will be available by dialing 1-800-319-6413 in Canada and the US (toll-free) or +604-638-9010 outside of Canada and the US. The required pass-code is 2873#. The audio replay and a written transcript will also be made available on the Company's website at www.edrsilver.com.</p>      <p align="justify"><strong>About Endeavour Silver</strong> &#8211; Endeavour Silver Corp. is a mid-tier precious metals mining company that owns and operates three high-grade, underground, silver-gold mines in Mexico. Endeavour is currently commissioning its fourth mine at El Compas, advancing a possible fifth mine at the Terronera mine project and exploring its portfolio of exploration and development projects in Mexico and Chile to facilitate its goal to become a premier senior silver producer.&#160; Our philosophy of corporate social integrity creates value for all stakeholders.</p>      <p align="justify">SOURCE Endeavour Silver Corp.&#160;</p>      <p align="justify"><strong>Contact Information</strong> <br >Galina Meleger, Director Investor Relations<br >Toll free: (877) 685-9775<br >Tel: (604) 640-4804<br >Fax: (604) 685-9744<br >Email:&#160; gmeleger@edrsilver.com&#160; <br >Website: www.edrsilver.com</p>      <p align="justify">Follow Endeavour Silver on Facebook, Twitter, Instagram and LinkedIn</p>      <p><strong><em>Cautionary Note Regarding Forward-Looking Statements</em></strong></p>      <p align="justify"><em>This news release contains &#8220;forward-looking statements&#8221; within the meaning of the United States private securities litigation reform act of 1995 and &#8220;forward-looking information&#8221; within the meaning of applicable Canadian securities legislation. Such forward&#8209;looking statements and information herein include but are not limited to statements regarding Endeavour&#8217;s anticipated performance in 2019 including changes in mining and operations and the timing and results of various activities. The Company does not intend to, and does not assume any obligation to update such forward-looking statements or information, other than as required by applicable law.</em></p>      <p align="justify"><em>Forward-looking statements or information involve known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Endeavour and its operations to be materially different from those expressed or implied by such statements. Such factors include but are not limited to changes in national and local governments, legislation, taxation, controls, regulations and political or economic developments in Canada and Mexico; financial risks due to precious metals prices, operating or technical difficulties in mineral exploration, development and mining activities; risks and hazards of mineral exploration, development and mining; the speculative nature of mineral exploration and development, risks in obtaining necessary licenses and permits, and challenges to the Company&#8217;s title to properties; as well as those factors described in the section &#8220;risk factors&#8221; contained in the Company&#8217;s most recent form 40F/Annual Information Form filed with the S.E.C. and Canadian securities regulatory authorities.</em></p>      <p align="justify"><em>Forward-looking statements are based on assumptions management believes to be reasonable, including but not limited to: the continued operation of the Company&#8217;s mining operations, no material adverse change in the market price of commodities, mining operations will operate and the mining products will be completed in accordance with management&#8217;s expectations and achieve their stated production outcomes, and such other assumptions and factors as set out herein. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or information, there may be other factors that cause results to be materially different from those anticipated, described, estimated, assessed or intended. There can be no assurance that any forward-looking statements or information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements or information. Accordingly, readers should not place undue reliance on forward-looking statements or information.</em></p> </p><p ></p></body></html>
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