Endeavour, La Mancha enter strategic partnership

TSX- and ASX-listed Endeavour Mining has entered into a long-term strategic partnership with privately held gold investment company La Mancha Holding. Endeavour would acquire Sawiris family-controlled La Mancha’s indirect 55% interest in Société des Mines d’Ity (SMI), which operates the Ity gold mine in Côte d’Ivoire, through the issue of 177.1-million Endeavour ordinary shares, representing 30% of Endeavour’s enlarged share capital and equal to $77.9-million.