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Endeavour Silver Corp.

12:08 PM EST - Endeavour Silver Corp. : Reports a Company-wide initiative to reduce capital, operating and other costs in Canada and Mexico. As a result of the drop in precious metals prices this quarter, management felt it prudent to seek cost savings at head office and temporarily adjust its exploration, development and mining activities to reduce operating, capital and other costs until such time as gold and silver prices rebound. Endeavour Silver Corp. shares T.EDR are trading down $0.01 at $2.98.