<SEC-DOCUMENT>0001104659-25-030505.txt : 20250401
<SEC-HEADER>0001104659-25-030505.hdr.sgml : 20250401
<ACCEPTANCE-DATETIME>20250401153518
ACCESSION NUMBER:		0001104659-25-030505
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		5
CONFORMED PERIOD OF REPORT:	20250401
FILED AS OF DATE:		20250401
DATE AS OF CHANGE:		20250401

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ENDEAVOUR SILVER CORP
		CENTRAL INDEX KEY:			0001277866
		STANDARD INDUSTRIAL CLASSIFICATION:	GOLD & SILVER ORES [1040]
		ORGANIZATION NAME:           	01 Energy & Transportation
		EIN:				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:		25799260

	BUSINESS ADDRESS:	
		STREET 1:		#1130-609 GRANVILLE STREET
		CITY:			VANCOUVER
		STATE:			A1
		ZIP:			V7Y 1G5
		BUSINESS PHONE:		604-685-9775

	MAIL ADDRESS:	
		STREET 1:		PO BOX 10328
		STREET 2:		#1130-609 GRANVILLE STREET
		CITY:			VANCOUVER
		STATE:			A1
		ZIP:			V7Y 1G5

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ENDEAVOUR GOLD CORP
		DATE OF NAME CHANGE:	20040128
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>tm2510167d6_6k.htm
<DESCRIPTION>FORM 6-K
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 3pt; margin-bottom: 3pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 2pt solid; border-bottom: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 18pt"><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION</B></FONT><FONT STYLE="font-size: 10pt"><BR>
Washington, D.C. 20549</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>FORM 6-K</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>REPORT OF FOREIGN
PRIVATE ISSUER</B></FONT><B> PURSUANT TO RULE 13a-16 OR 15d-16<BR>
UNDER THE SECURITIES EXCHANGE ACT OF 1934</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">For the month of <B><U>April 2025</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Commission File Number: <B><U>001-33153</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 18pt"><B><U>ENDEAVOUR SILVER
CORP.</U></B></FONT><FONT STYLE="font-size: 10pt"><BR>
(Translation of registrant's name into English)</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>#1130-609 Granville Street<BR>
<U>Vancouver, British Columbia, Canada V7Y 1G5 </U></B><BR>
(Address of principal executive offices)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Indicate by check mark whether the registrant files
or will file annual reports under cover Form 20-F or Form 40-F.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"> <FONT STYLE="font-family: Wingdings">&#168;</FONT>
Form 20-F&nbsp;&nbsp;&nbsp;<FONT STYLE="font-family: Wingdings">&#120;</FONT> Form 40-F</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 3pt; margin-bottom: 3pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; border-bottom: Black 2pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B><U>INCORPORATION BY REFERENCE</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Exhibit 99.2 to this Form 6-K of Endeavour Silver Corp. (the &ldquo;Company&rdquo;)
is hereby incorporated by reference as an exhibit to the Registration Statement on Form F-10 (File No. 333-286297) of the Company, as
amended or supplemented.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B><U>SIGNATURES</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">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>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><FONT STYLE="font-size: 10pt"><B>Endeavour Silver Corp.</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><FONT STYLE="font-size: 10pt">(Registrant)</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; width: 50%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 5%">&nbsp;</TD>
    <TD STYLE="width: 45%">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Date: April 1, 2025</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt"><I>/s/ Daniel Dickson</I></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Daniel Dickson</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Title:</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">CEO</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>




<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>EXHIBIT INDEX</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR>
    <TD STYLE="vertical-align: bottom; width: 15%"><FONT STYLE="font-size: 10pt"><B>Exhibit Number</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 84%"><FONT STYLE="font-size: 10pt"><B>Description</B></FONT></TD></TR>
  <TR>
    <TD><A HREF="tm2510167d6_ex99-1.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-size: 10pt">99.1</FONT></A></TD>
    <TD>&nbsp;</TD>
    <TD><A HREF="tm2510167d6_ex99-1.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-size: 10pt">Press release dated April 1, 2025</FONT></A></TD></TR>
  <TR>
    <TD><A HREF="tm2510167d6_ex99-2.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-size: 10pt">99.2</FONT></A></TD>
    <TD>&nbsp;</TD>
    <TD><A HREF="tm2510167d6_ex99-2.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-size: 10pt">Term sheet dated April 1, 2025</FONT></A></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 3; Options: Last -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>tm2510167d6_ex99-1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="font-size: 10pt; margin-top: 0; margin-bottom: 0; margin-left: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; margin-top: 0pt; margin-bottom: 0pt; margin-left: 399.45pt"><FONT STYLE="font-size: 10pt"><B>Exhibit 99.1</B>&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 399.45pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; margin-top: 0pt; margin-bottom: 0pt; margin-left: 399.45pt"><IMG SRC="tm2510167d6_ex99-1img001.jpg" ALT=""></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 399.45pt">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 11.1pt; text-align: center; text-indent: 0.05pt"><FONT STYLE="font-size: 10pt">Endeavour
Silver Increases Previously Announced Bought Deal Financing to US$45 Million</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 11.1pt; text-align: center; text-indent: 0.05pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 5pt; text-align: center"><FONT STYLE="font-size: 10pt">The
Base Shelf Prospectus is accessible, and the Prospectus Supplement will be accessible within two business days, through SEDAR+</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 5pt; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 5pt; text-align: center"><FONT STYLE="font-size: 10pt"><I>All
dollar amounts are stated in United States (U.S.) Dollars unless otherwise noted.</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 5pt; text-align: center"><FONT STYLE="font-size: 10pt"><I>&nbsp;</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><FONT STYLE="font-size: 10pt"><B>Vancouver,
Canada &ndash; April 1, 2025 - Endeavour Silver Corp. (&ldquo;Endeavour&rdquo; or the &ldquo;Company&rdquo;) (NYSE: EXK; TSX: EDR) </B>is
pleased to announce that due to significant demand, it has decided to upsize its previously announced bought deal of common shares. The
Company has entered into an agreement with a syndicate of underwriters (the &ldquo;Underwriters&rdquo;) led by BMO Capital Markets (&ldquo;BMO&rdquo;),
pursuant to which the Underwriters have agreed to purchase, on a bought-deal basis, 11,600,000 Shares, at a price of US$3.88 per Share
for aggregate gross proceeds of approximately US$45 million (the &ldquo;Offering&rdquo;). The Company has granted the Underwriters an
option, exercisable in whole or in part at any time up to 30 days following the closing of the Offering, to purchase up to an additional
US$5 million issued pursuant to the Offering to cover over-allotments, if any (the &ldquo;Over-Allotment Option&rdquo;).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><FONT STYLE="font-size: 10pt">The
net proceeds of the Offering will be used to fund a portion of the cash component of the previously announced acquisition of all of the
outstanding shares of Compa&ntilde;ia Minera Kolpa S.A. (&ldquo;Minera Kolpa&rdquo;), and its main asset, the Huachocolpa Uno Mine (&ldquo;Kolpa&rdquo;),
from its shareholders, which are affiliates of Arias Resource Capital Management and Grupo Raffo (collectively, the &ldquo;Shareholders&rdquo;),
in exchange for total consideration of $145 million. In the event the Transaction is not completed for any reason, the Company will have
discretion with respect to the use of net proceeds from the Offering.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 5pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><FONT STYLE="font-size: 10pt">The
Shares will be offered in all provinces of Canada (except Quebec) pursuant to a short form base shelf prospectus (the &ldquo;<B>Base
Shelf Prospectus</B>&rdquo;) as accompanied by a prospectus supplement (the &ldquo;<B>Prospectus Supplement</B>&rdquo;) and will be offered
in the United States pursuant to a prospectus supplement to a base shelf prospectus forming part of the Company&rsquo;s registration
statement on Form F-10 (together with any amendments thereto, the &ldquo;<B>Registration Statement</B>&rdquo;) registering the Shares
under the United States Securities Act of 1933, as amended, pursuant to the Multi-Jurisdictional Disclosure System adopted by the United
States and Canada.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 5pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><FONT STYLE="font-size: 10pt">The
Shares may also be offered on a private placement basis in certain jurisdictions outside of Canada and the United States pursuant to
applicable prospectus exemptions. However, there will not be any sale of Shares in any province, state or jurisdiction in which such
offer, solicitation or sale would be unlawful prior to registration or qualification under the applicable securities laws of such province,
state or jurisdiction.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 5pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><FONT STYLE="font-size: 10pt">The
Base Shelf Prospectus is, and the Prospectus Supplement will be (within two business days from the date hereof) accessible on Endeavour&rsquo;s
issuer profile on SEDAR+ at www.sedarplus.ca and a copy of the Registration Statement and the Prospectus Supplement can be, once filed,
found on EDGAR at www.sec.gov. A preliminary prospectus supplement has been filed to the Registration Statement with the United States
Securities and Exchange Commission (&ldquo;SEC&rdquo;), accessible through EDGAR at www.sec.gov. This press release does not provide
full disclosure of all material facts relating to the securities offered. Prospective investors should read the preliminary prospectus
supplement and the other documents that the Company has filed with the SEC for more complete information about the issuer and the offering,
especially risk factors relating to the securities offered. The Company, any underwriter or any dealer participating in the offering
will arrange to send you the prospectus (as supplemented by the prospectus supplement) if requested. Copies of the Base Shelf Prospectus,
Registration Statement and prospectus supplements relating to the Offering, when available, may be obtained upon request in Canada by
contacting BMO Nesbitt Burns Inc. by mail at Brampton Distribution Centre c/o The Data Group of Companies, 9195 Torbram Road, Brampton,
ON, L6S 6H2, by telephone at 905-791-3151 Ext 4312, or by email at torbramwarehouse@datagroup.ca and in the United States from BMO Capital
Markets Corp., Attn: Equity Syndicate Department, 151 W 42nd Street, 32nd Floor, New York, NY 10036, or by email at bmoprospectus@bmo.com
by providing BMO Nesbitt Burns Inc. or BMO Capital Markets Corp. with an email address or mailing address, as applicable. Before investing,
prospective investors should read the Base Shelf Prospectus, the prospectus supplements, when available, the Registration Statement and
the documents incorporated by reference therein.</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><FONT STYLE="font-size: 10pt; text-decoration: none; text-underline-style: thick">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><FONT STYLE="text-decoration: none; font-size: 10pt; text-underline-style: thick"></FONT></P>

<!-- Field: Page; Sequence: 1; Options: NewSection; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt"></P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify"><TD STYLE="width: 50%; text-align: left">&nbsp;</TD><TD STYLE="text-align: right; width: 45%"><FONT STYLE="font-size: 10pt; text-decoration: none; text-underline-style: thick">&nbsp;<IMG SRC="tm2510167d6_ex99-1img002.jpg" ALT=""></FONT></TD><TD STYLE="vertical-align: middle; text-align: right; width: 5%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --></TD></TR></TABLE><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><FONT STYLE="text-decoration: none; font-size: 10pt; text-underline-style: thick">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: right"><FONT STYLE="text-decoration: none; font-size: 10pt; text-underline-style: thick">&nbsp;<IMG SRC="tm2510167d6_ex99-1img001.jpg" ALT=""></FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><FONT STYLE="text-decoration: none; font-size: 10pt; text-underline-style: thick">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><FONT STYLE="font-size: 10pt; text-decoration: underline solid">Technical
Information</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><FONT STYLE="font-size: 10pt">As part
of the Company&rsquo;s evaluation of the Kolpa mine, Endeavour has filed the Current Technical Report. The Current Technical Report includes
the Historical Estimate, which is a historical mineral resource estimate as defined by NI 43-101. A qualified person has not completed
sufficient work to classify the Historical Estimate as current mineral resources or mineral reserves. The Company is not treating the
Historical Estimate as a current resource, and it should not be relied upon as such. There are numerous uncertainties inherent in the
Historical Estimate, which is subject to all of the assumptions, parameters, and methods used to prepare such Historical Estimate.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><FONT STYLE="font-size: 10pt">Additional
work, including but not limited to verification drilling, sampling, and a new resource estimate in accordance with NI 43-101 guidelines,
will be required to classify the mineral resource in the Historical Estimate as current. Investors are cautioned not to place undue reliance
on the Historical Estimate.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><FONT STYLE="font-size: 10pt">The
Historical Estimate was conducted using MineSight and Leapfrog Geo. 3D vein models were built based on geological, assay, and structural
data. Composite sample lengths were determined statistically, and outliers were corrected using Cumulative Probability Plot analysis.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><FONT STYLE="font-size: 10pt">Rotated
block models (1x3x3m) were used for most veins, while a 1x1x1m unrotated model was applied to Yen Open Cast. Grades for Ag, Cu, Pb, and
Zn were estimated using Ordinary Kriging, with validation through Inverse Distance Weighting and Nearest Neighbor methods. High-grade
assays were capped to limit outlier influence.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><FONT STYLE="font-size: 10pt">Density
values were assigned using interpolation or averaged from available data (2.90&ndash;3.00 g/cm&sup3;). The Historical Estimate included
both mineralized and waste material, classified by mining method, with NSR cut-offs of $34.20/t for underground and $23.30/t for open-pit
mining. Price assumptions were based on metals markets, and recoveries were derived from historical data.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><FONT STYLE="font-size: 10pt">Resource
classification followed CIM 2014 standards. Measured, Indicated, and Inferred categories were based on drilling patterns, channel sampling,
and search distances. Bienaventurada and Escondida relied on drill data, while Chonta, Escopeta, and Rublo were primarily classified
using development and channel sampling.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><FONT STYLE="font-size: 10pt">The
Current Technical Report can be found under the Company&rsquo;s profile on SEDAR+ (www.sedarplus.ca) and on EDGAR (www.sec.gov).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 5pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><FONT STYLE="font-size: 10pt; text-decoration: underline solid">Qualified
Person</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Certain
technical information contained in this presentation was approved by, or based upon information prepared by, Allan Armitage, Ph. D.,
P. Geo., Ben Eggers, MAIG, P.Geo., and Henri Gouin, P.Eng. of SGS Geological Services, Dale Mah, P.Geo., and Donald Gray, SME-RM of Endeavour,
each a qualified person under NI 43-101. See the Current Technical Report available on SEDAR+ under Endeavour&rsquo;s profile at www.sedarplus.ca</FONT>
<FONT STYLE="font-size: 10pt">and on EDGAR at www.sec.gov<FONT STYLE="font-family: Times New Roman, Times, Serif">. Dale Mah, P.Geo.,
Vice President Corporate Development of Endeavour, a qualified person under NI 43-101, has reviewed and approved the remaining scientific
and technical information contained in this news release.</FONT></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 5pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><FONT STYLE="font-size: 10pt; text-decoration: underline solid">About
Endeavour Silver</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><FONT STYLE="font-size: 10pt">Endeavour
is a mid-tier precious metals company with a strong commitment to sustainable and responsible mining practices. With operations in Mexico
and the development of the new cornerstone mine in Jalisco state, the company aims to contribute positively to the mining industry and
the communities in which it operates. In addition, Endeavour has a portfolio of exploration projects in Mexico, Chile and the United
States to facilitate its goal to become a premier senior silver producer.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><FONT STYLE="font-size: 10pt"></FONT></P>

<!-- Field: Page; Sequence: 2; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt"></P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify"><TD STYLE="width: 50%; text-align: left">&nbsp;</TD><TD STYLE="text-align: right; width: 45%"><FONT STYLE="font-size: 10pt; text-decoration: none; text-underline-style: thick">&nbsp;<IMG SRC="tm2510167d6_ex99-1img002.jpg" ALT=""></FONT></TD><TD STYLE="vertical-align: middle; text-align: right; width: 5%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --></TD></TR></TABLE><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><FONT STYLE="font-size: 10pt"><IMG SRC="tm2510167d6_ex99-1img001.jpg" ALT=""></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><FONT STYLE="font-size: 10pt; text-decoration: underline solid">Contact
Information</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><FONT STYLE="font-size: 10pt">Allison Pettit</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Director,
Investor Relations</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Email:</FONT> <FONT STYLE="font-size: 10pt">apettit@edrsilver.com</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><FONT STYLE="font-size: 10pt; text-decoration: underline solid">Cautionary
Note Regarding Forward-Looking Statements</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><FONT STYLE="font-size: 10pt"><I>This
news release contains &ldquo;forward-looking statements&rdquo; within the meaning of the United States private securities litigation
reform act of 1995 and &ldquo;forward-looking information&rdquo; within the meaning of applicable Canadian securities legislation. Such
forward-looking statements and information herein include but are not limited to statements regarding the Transaction, including the
terms of the Transaction, the expected closing date, the Company&rsquo;s receipt of required regulatory approvals, the satisfaction of
closing conditions, potential synergies and risks, integration of the Kolpa mine, and the expected benefits to the Company; the Company&rsquo;s
receipt of the Deposit; future payments under the Copper Stream; satisfaction of closing conditions of the Copper Stream; the Offering,
the Company&rsquo;s use of proceeds, the Company&rsquo;s receipt of all required regulatory approvals, and the timing of closing; the
Company&rsquo;s forecasted production, operations, costs and expenditures; production capacity and annual production of Kolpa mine, and
the timing and results of various related 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.</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><FONT STYLE="font-size: 10pt"><I>&nbsp;</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><FONT STYLE="font-size: 10pt"><I>Forward-looking
statements or information involve known and unknown risks, uncertainties and other factors that may cause the actual results, level of
activity, production levels, performance or achievements of Endeavour and its operations to be materially different from those expressed
or implied by such forward-looking statements. Such factors include but are not limited to the timing of, and ability to obtain, regulatory
approvals; changes in production and costs guidance; the ongoing effects of inflation and supply chain issues on mine economics ability
to continue to comply with the terms of the project debt facility;; national and local governments, legislation, taxation, controls,
regulations and political or economic developments in Canada, Chile, the USA and Mexico; timing and content of work programs; results
of exploration activities and development of mineral properties; 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; fluctuations in the
prices of silver and gold, fluctuations in the currency markets (particularly the Mexican peso, Chilean peso, Canadian dollar and U.S.
dollar); and challenges to the Company&rsquo;s title to properties; as well as those factors described in the section &ldquo;risk factors&rdquo;
contained in the Company&rsquo;s most recent form 40F/Annual Information Form and the Prospectus Supplement filed with the S.E.C. and
Canadian securities regulatory authorities.</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><FONT STYLE="font-size: 10pt"><I>&nbsp;</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><FONT STYLE="font-size: 10pt"><I>Forward-looking
statements are based on assumptions management believes to be reasonable, including but not limited to: the forecasted capacity and production
estimates for the Kolpa mine, and the reliability of mineral resource estimates. The continuation of exploration and mining operations,
the continued operation of the Company&rsquo;s mining operations, no material adverse change in the market price of commodities, forecast
mine economics, mining operations will function and the mining products will be completed in accordance with management&rsquo;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.</I></FONT></P>

<P STYLE="font-size: 10pt; margin-top: 0; margin-bottom: 0; margin-left: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font-size: 10pt; margin-top: 0; margin-bottom: 0; margin-left: 0"><FONT STYLE="font-size: 10pt"></FONT></P>

<!-- Field: Page; Sequence: 3; Options: Last -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt"></P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify"><TD STYLE="width: 50%; text-align: left">&nbsp;</TD><TD STYLE="text-align: right; width: 45%"><FONT STYLE="font-size: 10pt; text-decoration: none; text-underline-style: thick">&nbsp;<IMG SRC="tm2510167d6_ex99-1img002.jpg" ALT=""></FONT></TD><TD STYLE="vertical-align: middle; text-align: right; width: 5%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence --></TD></TR></TABLE><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font-size: 10pt; margin-top: 0; margin-bottom: 0; margin-left: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.2
<SEQUENCE>3
<FILENAME>tm2510167d6_ex99-2.htm
<DESCRIPTION>EXHIBIT 99.2
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="text-align: right; margin: 0"><B>Exhibit 99.2</B></P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><B>Endeavour Silver Corp.</B> <B></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><B>Treasury Offering of Common Shares</B> <B></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><B>April 1, 2025</B></P>



<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><I>The Common Shares will
be offered by way of a prospectus supplement in each of the provinces of Canada, except Quebec, and in the United States. A final base
shelf prospectus containing important information relating to the securities described in this document has been filed with the securities
regulatory authorities in each of the provinces of Canada, except Quebec, and a corresponding registration statement on Form F-10 has
been filed with the U.S. Securities and Exchange Commission (the &ldquo;SEC&rdquo;). A copy of the final base shelf prospectus, any applicable
shelf prospectus supplement and any amendment to the documents are accessible through SEDAR+. Copies of the final base shelf prospectus,
any applicable shelf prospectus supplement, the registration statement and any amendment to the documents may be obtained from BMO Nesbitt
Burns Inc. in Canada from BMO Nesbitt Burns Inc. by mail at Brampton Distribution Centre c/o The Data Group of Companies, 9195 Torbram
Road, Brampton, ON, L6S 6H2, by telephone at 905-791-3151 Ext 4312, or by email at torbramwarehouse@datagroup.ca and in the United States
from BMO Capital Markets Corp., Attn: Equity Syndicate Department, 151 W 42nd Street, 32nd Floor, New York, NY 10036, or by email at
bmoprospectus@bmo.com. You may also get these documents for free by visiting SEDAR+ at www.sedarplus.ca or EDGAR on the SEC website at
www.sec.gov.</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><I>&nbsp;</I></P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><I>This document does not
provide full disclosure of all material facts relating to the securities offered. Investors should read the final base shelf prospectus,
any applicable shelf prospectus supplement and any amendment to the documents for disclosure of those facts, especially risk factors
relating to the securities offered, before making an investment decision.</I> <B>&nbsp;</B></P>



<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Revised Terms and Conditions</B></FONT></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 22%; padding-right: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Issuer:</B></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P></TD>
    <TD STYLE="width: 78%">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Endeavour Silver Corp. (&ldquo;Endeavour Silver&rdquo;
    or the &ldquo;Company&rdquo;).</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Offering:</B></FONT></TD>
    <TD>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Treasury offering of 11,600,000 common shares
    (&ldquo;Common Shares&rdquo;)</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Offering Price:</B></FONT></TD>
    <TD>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">US$3.88 per Common Share</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Issue Amount:</B></FONT></TD>
    <TD>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">US$45,008,000</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Over-Allotment Option:</B></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P></TD>
    <TD>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company has granted the underwriters an option,
    exercisable, in whole or in part, at any time until and including 30 days following the closing of the Offering, to purchase up to an
    additional US$5 million at the Offering Price to cover over-allotments, if any.</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Use of Proceeds:</B></FONT></TD>
    <TD>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The net proceeds of the offering will be used
    to fund a portion of the cash consideration for the Acquisition (as defined below). In the event the Acquisition is not completed for
    any reason, the Company will have discretion with respect to the use of net proceeds from the Offering.</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Acquisition: </B></FONT></TD>
    <TD>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Endeavour Silver has entered into a definitive
    share purchase agreement to acquire all of the outstanding shares of Compa&ntilde;ia Minera Kolpa S.A. (&ldquo;Kolpa&rdquo;) from its
    shareholders, which are affiliates of Arias Resource Capital Management and Grupo Raffo, in exchange for total consideration of US$145
    million (the &ldquo;Acquisition&rdquo;). Kolpa&rsquo;s main asset is the Huachocolpa Uno mine. The total consideration will be comprised
    of US$80 million payable in cash and $65 million payable in common shares of Endeavour upon closing of the Acquisition.</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Form of Offering:</B></FONT></TD>
    <TD>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Bought deal by way of prospectus supplement in
    each of the provinces of Canada, except Quebec. Registered public offering pursuant to the multijurisdictional disclosure system in the
    United States.</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Form of Underwriting:</B></FONT></TD>
    <TD>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Bought deal, subject to a mutually acceptable
    underwriting agreement between the Company and the underwriters containing &ldquo;disaster out&rdquo;, &ldquo;regulatory out&rdquo;, &ldquo;material
    adverse change out&rdquo; and &ldquo;breach out&rdquo; clauses running to Closing.</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Listing:</B></FONT></TD>
    <TD>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">An application will be made to list the Common
    Shares on the Toronto Stock Exchange (the &ldquo;TSX&rdquo;) and on the New York Stock Exchange (the &ldquo;NYSE&rdquo;). The existing
    common shares are listed on the TSX under the symbol &ldquo;EDR&rdquo; and on the NYSE under the symbol &ldquo;EXK&rdquo;.</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Eligibility:</B></FONT></TD>
    <TD>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Eligible for RRSPs, RRIFs, RESPs, TFSAs, RDSPs,
    FHSAs, and DPSPs.</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Sole Bookrunner:</B></FONT></TD>
    <TD>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">BMO Capital Markets</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Commission: </B></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P></TD>
    <TD>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">5.0%</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Closing: </B></P></TD>
    <TD>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">April 8, 2025</P></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><I>&nbsp;</I></P>

<!-- Field: Page; Sequence: 6; Options: Last -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt"> </P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><I></I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>4
<FILENAME>tm2510167d6_ex99-1img001.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 tm2510167d6_ex99-1img001.jpg
M_]C_X  02D9)1@ ! 0$ R #(  #_VP!#  $! 0$! 0$! 0$! 0$! 0$! 0$!
M 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0'_
MVP!# 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$!
M 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0'_P  1"  R *(# 2(  A$! Q$!_\0
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MJ&CO>#6R<U^T"W<3*9%61X@H821KYJN& *^6L1=Y-RD,I1"I7D&@7<99UV2
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M!;W-O?6-Q"8+VRN;.6$VCV=U$D0F@$81O,F51& F<G0/!/AWPEIZZ/X6\/\
MA[POH[7+WLFE^&]*M-&TU;Z46L4\T5AI\4$223VUNJF>.2%DEBCDECNE8QQG
ML&TXZV:TUOROF<FX15DKW2N[M13U;9I3X]A2K82M+ XN<*&:4\SK\V(HQGB*
MF&E3KX&-;$1R^->-#"XRC3G3PF&>%P3A5K4GAN64:M/^;+_@HMK-[_P3]_:0
M_P""4_[0'A[P9=^/+OX5? KXT?L[V?AG0XCI[>*]<T+X+VWACX<^&)+FWN+2
MPAT[7_$OBY);:.>PE.GOI,YM1'+)L;S7]IKX >*_V4_V=OV(?B)^TG-)XDO_
M (A?\%'?AE^TS^WUX]L]"NM:MM+N-<NY[[2?#OB F.?57^'_ ,._"Q/@[^SY
M[3^R(IK666TCC?58-)UC^JTP6[.([F*"YN+:2.]PI1C%-<,Z<B.!&<L8Y#!,
ML*22M#EA$5!?SM?'WPB\5:]>_#./QU\._$GB9DNK74? 2>)/"^N:[<V]N6?5
M%O?"S:A/>RV\4%T)-:G?2V6&UFN8Y)1<F/R".'=WK+;;F\XW^SKS62:=E;;<
MC#^(6)HT\HA3RZ=/%8&G6H8S$Q;6(J4)5\^K8.G[1:TO9QXAS&ISIS=2HL)-
MJ+P=-R_"S_@I=^TE\,?VZOA7X._82_8^\:^&_CWX\_:.^)/PZB\:ZQ\+'C\<
M^$/A/\+/#_B3P_\ $:_^)7C#Q)X8%]I^C/:ZUI/A:1K2YUE+PV1U:2>W%Y;+
M:W7GO[)_[87[-W[,?[=/_!4W4?VDO%A^#_B/4OBS\+OA_P##_0M>T;Q!?ZIJ
M?PN^"OAKQGX1\%VO@C2]*TF]U;6'U7PM!X5U+2?#6AV-_K%]8:KH$]C9:C%*
MEW7]#/@31_@]X=MK?3_AOIOP[TJS\365YK-I'X,LO"FGV'B>TTN;3]*UW5_*
M\/"VM-8CTN74=+@U2YA@^R6T^IV=N6>:5$CAG@^$.K36_P 5[R+X?:K_ &-8
M2VUM\2[R#P[=OHVDVFLZCILEM:^+/)6+2],L-5_M,S*+I[>.ZCOOMWV:2 RM
MI4HNZG[RLTHQYI<L8V>B^TDVY2;OK*3?5LY<+Q)@<)E\,B^I9E+*:>'Q:B_K
MR6,JXC%X_#8ZI/$8GZMR5DIX6E2A"5)<E""A>>B7\?/QC^-FL?$>Z_X+2_MK
M:AX%\9^ KSQ'\-?@C^R=X%\*>/M-GT7Q#HGAGXP-X%\.>-]#UV"SFU2#P[J$
M?@WP%:>+_$NBW%ZLFF:KKWV2[:&[N;F&U_K=_9:^&*?"?]FS]G[X5P01V*?#
MCX/_  Y\)SQQVMO;-)J/A[P=H^D:M+<6ZQ2QB;4=3M;_ %*ZN+>:)YKNX>9V
MG:>:5]^^^)_P/&L7/@Z]^('PJ?Q/<:P=#D\,:AXL\*0Z[+X@EDCMH/#<^DWV
MIG4SKM]+(]O;V4EJM\Q=UBM54QH=S0/C1\'_ !%KLWA3PW\3OA[X@\26QE-S
MH.A>-?#.JZM ?MUQI[^;I]EJLURDC:I#+IQ@$0N([[_1Y(8V#!%2IN$DVVU;
ME5Y;.4W*3M9*[T6G;KTYL\XKCFN!R_+*&&K8.AELZ/U7GJN?/'#Y73RNC"M+
MD@\14CAZ;E*I42E*<YSY8.4D?"W_  56^+.O_!_]DGXB>(O#.HSZ5KD/A7QM
MJ5C>V<IAU'3+_0_ /B+_ (0[6M%O&!\GQ!X9^*VH_#KQ%H,[QB)[_385N60
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M+18-+\;17>K/J=YJFN7-LMI+_)!^RQ^S9\9OAA^V)X#U[XF?LY?M"^+/#7P
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E#/.0V<]^12I]T?C_ #-%%+I]W_MQ,?\ EY_C7_I(ZBBBD4?_V0$!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>5
<FILENAME>tm2510167d6_ex99-1img002.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 tm2510167d6_ex99-1img002.jpg
M_]C_X  02D9)1@ ! 0$ R #(  #_VP!#  $! 0$! 0$! 0$! 0$! 0$! 0$!
M 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0'_
MVP!# 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$!
M 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0'_P  1"  D '8# 2(  A$! Q$!_\0
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MO'_?3Q3I#C]+G'ZU_#S\0/CK\+?A;?V6F^,_$MKI]_?6WVF*RAM+O4)K9?\
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M;HT88AXO$.A6<O8573BHU>2W/R+?W>:-[_S*W4_IM_X3GPI_T,_AS_P;V?\
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M;Z<IT#R,3##)&/(_<X.!Y7[O[GRU]*>$;Q;/5T1B=EXGV8H"=C2G^-EX#/\
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6\SNW/=F/5CDHHH.A-V6KV75]EYG_V0$!

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
