Vangold Mining Corp.: VanGold Signs Definitive Purchase Agreement with Endeavour Silver Corp.
VANCOUVER, BC / ACCESSWIRE / March
Company" or "
VanGold") (TSXV:VGLD) is pleased to announce it has signed a definitive asset purchase agreement with Endeavour Silver Corp. ("
Endeavour") (NYSE:EXK) (TSX:EDR) to acquire the El Cubo mine and mill complex (the "
El Cubo Complex") located 8km by road northeast of the Company's El Pinguico silver-gold project near the city of Guanajuato, Mexico.
Closing the El Cubo Acquisition:
On March 16, 2021 the Company signed a definitive asset purchase agreement with Endeavour (the "
Endeavour Agreement") to acquire the El Cubo Complex, finalizing the binding letter agreement entered into by VanGold and Endeavour on December 17, 2020. VanGold anticipates completing the purchase of the El Cubo Complex from Endeavour by the end of March, 2021, with the signing of customary closing documents in Mexico and Canada.