EDV. Endeavour Mining Corporation

Endeavour Announces Appointment of Chief Financial Officer

Endeavour Announces Appointment of Chief Financial Officer

 

ENDEAVOUR ANNOUNCES APPOINTMENT OF CHIEF FINANCIAL OFFICER

George Town, August 19, 2020 – Endeavour Mining (TSX:EDV) (OTCQX:EDVMF) is pleased to announce that  Joanna Pearson is joining the Company in the coming months to assume the role of Executive Vice President and Chief Financial Officer effective early 2021. In the interim, Henri de Joux will continue to act as Interim Chief Financial Officer and Executive Vice President for People and IT.  

Commenting on the appointment, Sébastien de Montessus, CEO of Endeavour, said: “I am very pleased to welcome Joanna to our team. As our audit partner for the past six years, Joanna has a deep understanding of our business and has routinely visited our mine sites, which will enable her to quickly integrate with the team and the role. Given her extensive expertise in reporting, assurance, governance and internal controls in the mining industry, she will be an invaluable addition to our team.”

Ms Pearson joins Endeavour after a successful career at Deloitte LLP (Canada) with more than ten years’ experience as an audit partner, including six years as the audit partner responsible for Endeavour, and over 20 years’ experience serving clients in public practice, with a focus on multinational mining clients. A graduate of the University of British Columbia, Ms Pearson is a qualified chartered accountant and Canadian CPA, and speaks French.

In accordance with auditor independence regulations and to avoid any possible conflict of interest, Deloitte has resigned as the auditor for Endeavour following the publication of its Q2-2020 results and Endeavour has filed a Notice of Change of Auditor in respect of this change pursuant to National Instrument 51-102 under its profile on SEDAR. Deloitte will continue to work with Endeavour on other non-audit related consultancy projects, including providing advice to Endeavour on reporting in accordance with the Taskforce for Climate-related Financial Disclosure ("TCFD").  Having commenced an audit tender process, Endeavour expects to appoint new auditors in the coming weeks, ahead of the preparation of the Company’s Q3-2020 results.

CONTACT INFORMATION

Martino De Ciccio

VP – Strategy & Investor Relations

5

Brunswick Group LLP in London

Carole Cable, Partner

8





 



Vincic Advisors in Toronto

John Vincic, Principal

(647) 402 6375

ABOUT ENDEAVOUR MINING CORPORATION

Endeavour Mining is a multi-asset gold producer focused on West Africa, with two mines (Ity and Agbaou) in Côte d’Ivoire, four mines (Houndé, Mana, Karma and Boungou) in Burkina Faso, four potential development projects (Fetekro, Kalana, Bantou and Nabanga) and a strong portfolio of exploration assets on the highly prospective Birimian Greenstone Belt across Burkina Faso, Côte d’Ivoire, Mali and Guinea.   

As a leading gold producer, Endeavour Mining is committed to principles of responsible mining and delivering sustainable value to its employees, stakeholders and the communities where it operates. Endeavour is listed on the Toronto Stock Exchange, under the symbol EDV.

For more information, please visit .

Corporate Office: 5 Young St, Kensington, London W8 5EH, UK   

 

Attachment

EN
19/08/2020

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Endeavour Mining Corporation

Endeavour Mining: 1 director

A director at Endeavour Mining sold 75,267 shares at 1,728p and the significance rating of the trade was 67/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly s...

Alison Turner
  • Alison Turner

Endeavour Mining - The second five-year plan

Endeavour will announce its Q321 results on the morning of 11 November and, post quarter end, we are largely reiterating our forecasts for Q321, with the exception of a minute adjustment to the gold price (from US$1,792/oz to US$1,790/oz – see Exhibit 5). In the meantime, Endeavour has announced an ambitious five-year exploration programme to discover 15.0–20.0Moz in the indicated category of resources, while also refinancing its credit lines.

Alison Turner
  • Alison Turner

Endeavour Mining - The second five-year plan

Endeavour will announce its Q321 results on the morning of 11 November and, post quarter end, we are largely reiterating our forecasts for Q321, with the exception of a minute adjustment to the gold price (from US$1,792/oz to US$1,790/oz – see Exhibit 5). In the meantime, Endeavour has announced an ambitious five-year exploration programme to discover 15.0–20.0Moz in the indicated category of resources, while also refinancing its credit lines.

Alison Turner
  • Alison Turner

Endeavour Mining - Q2 outperforms ahead of likely Q3 index inclusion

At US$0.727/share, Endeavour’s net adjusted EPS, released on 4 August, was unequivocally above both Edison’s and the top end of the range of analysts’ forecasts (of US$0.43–0.65/share) for Q221 (source: Refinitiv, 3 August 2021). Teranga’s assets were reported to have integrated well into the group structure and all seven of its operating mines hit their stride together, as a result of which the company is on target to achieve the top end of its production guidance range of 1,350–1,475koz for th...

Alison Turner
  • Alison Turner

Endeavour Mining - Q2 outperforms ahead of likely Q3 index inclusion

At US$0.727/share, Endeavour’s net adjusted EPS, released on 4 August, was unequivocally above both Edison’s and the top end of the range of analysts’ forecasts (of US$0.43–0.65/share) for Q221 (source: Refinitiv, 3 August 2021). Teranga’s assets were reported to have integrated well into the group structure and all seven of its operating mines hit their stride together, as a result of which the company is on target to achieve the top end of its production guidance range of 1,350–1,475koz for th...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch