CAIRO, Dec. 29, 2017 /CNW Telbec/ - Mrs. Yousriya
Loza-Sawiris (Mrs. Loza-Sawiris) announces that today all of
the issued and outstanding shares of Marchmont Limited
(Marchmont), the holding company of La Mancha Holding S.à
r.l. (La Mancha), were transferred to her for no
consideration as part of a reorganization that has been carried out
by the Sawiris family for family estate and financial planning
purposes. Mrs. Loza-Sawiris is the mother of Mr. Naguib Sawiris, Chairman of the Advisory Board
of La Mancha Holding S.à r.l.
La Mancha currently owns 32,160,099 ordinary shares of Endeavour
Mining Corporation (Endeavour) (TSX: EDV), representing
approximately 30% of the issued and outstanding shares of
Endeavour, whose head office is located at 27 Hospital Road,
Georgetown, Grand Cayman KYI-9008.
Prior to the date hereof, Mrs. Loza-Sawiris did not own any
ordinary shares of Endeavour.
The shares in Endeavour are
being indirectly held by Mrs. Loza-Sawiris for investment purposes
and, through La Mancha or otherwise, Mrs. Loza-Sawiris may, from
time to time, acquire additional securities of Endeavour or dispose of all or a portion of
the ordinary shares of Endeavour previously acquired or held.
An early warning report containing additional information with
respect to the foregoing matters will be filed under Endeavour's SEDAR profile at
www.sedar.com.
SOURCE Mrs. Loza-Sawiris