March 23 (Reuters) - Endeavour Mining Corp EDV.TO :
* ENDEAVOUR MINING CORP - SEMAFO COMMON SHARES WILL BE EXCHANGED AT A RATIO OF 0.1422 ENDEAVOUR ORDINARY SHARES FOR EACH ONE SEMAFO COMMON SHARE
* ENDEAVOUR MINING CORP - IMPLIED DEAL EQUITY VALUE FOR SEMAFO IS EQUAL TO C$1.0 BILLION BASED ON ENDEAVOUR'S CLOSING PRICE ON MARCH 20, 2020
* ENDEAVOUR MINING CORP - EXISTING ENDEAVOUR AND SEMAFO SHAREHOLDERS WILL OWN APPROXIMATELY 70% AND 30%, RESPECTIVELY, OF COMBINED COMPANY
* ENDEAVOUR MINING CORP - DEAL IS ACCRETIVE ON ALL METRICS TO ENDEAVOUR
* ENDEAVOUR MINING CORP - LA MANCHA STRONGLY SUPPORTS TRANSACTION AND COMMITS TO INJECT $100 MILLION IN COMBINED ENTITY
* ENDEAVOUR MINING - ARRANGEMENT AGREEMENT INCLUDES CUSTOMARY PROVISIONS INCLUDING NON-SOLICITATION PROVISIONS, A RIGHT TO MATCH ANY SUPERIOR PROPOSAL
* ENDEAVOUR MINING CORP - ARRANGEMENT AGREEMENT INCLUDES $20 MILLION TERMINATION FEE PAYABLE TO SEMAFO UNDER CERTAIN CIRCUMSTANCES
* ENDEAVOUR MINING CORP - ARRANGEMENT AGREEMENT INCLUDES $20 MILLION TERMINATION FEE PAYABLE TO ENDEAVOUR UNDER CERTAIN CIRCUMSTANCES.
* ENDEAVOUR MINING CORP - ON COMPLETION OF INVESTMENT, LA MANCHA WILL HOLD AN INTEREST OF APPROXIMATELY 25% IN COMBINED ENTITY
* ENDEAVOUR MINING CORP - SÉBASTIEN DE MONTESSUS WILL CONTINUE AS CEO OF COMBINED ENTITY
* ENDEAVOUR MINING CORP - MARTIN MILETTE WILL BE APPOINTED EXECUTIVE VICE PRESIDENT AND CHIEF FINANCIAL OFFICER OF COMBINED ENTITY
* ENDEAVOUR MINING CORP - BENOIT DESORMEAUX WILL BECOME PRESIDENT OF COMBINED ENTITY
* ENDEAVOUR MINING CORP - MILETTE IS REPLACING LOUIS IRVINE
* ENDEAVOUR MINING CORP - NEW BOARD OF DIRECTORS WILL BE COMPRISED OF TEN DIRECTORS, SEVEN OF WHOM WILL BE NOMINATED BY ENDEAVOUR