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Endeavour Mining (EDVMF) has received a notice from the Minister of Innovation, Science and Industry stating that no order for a national security review of its acquisition of SEMAFO Inc (SEMFF) will be made under the Investment Canada Act. This represents the conclusion of the previously announced assessment period under the Investment Canada Act, and means that all required regulatory approvals for the acquisition of SEMAFO have been received. As such, Endeavour expects to close the acquisition on or around July 1, 2020. Furthermore, the $100M La Mancha investment is expected to close on or about July 3, 2020.

Endeavour Mining announced that it has published an enhanced 2019 Sustainability Report which details progress towards implementing the World Gold Council's environment, social and governance reporting framework, the Responsible Gold Mining Principles, as well as the Company's performance against key indicators in 2019. Full details are outlined in the Report, which is available at www.endeavourmining.com. Launched by the World Gold Council in September 2019, the RGMPs provide an ESG reporting framework that consists of ten umbrella principles and 51 detailed principles covering key ESG themes. Member companies have up to three years to fully comply with the RGMPs and will be required to obtain annual external assurance on their performance and conformance. As part of its implementation strategy, Endeavour conducted a gap analysis in 2019 to identify those policies, standards and activities which already conform to the RGMPs, as well as those areas that will require additional work before being able to reach conformance. This process has resulted in the completion of the Company's first RGMP external assurance on Principle 1.7, which relates to accountabilities and reporting. The Company is targeting external assurance on several other principles in the coming year. To ensure full alignment across the business, Endeavour has also augmented its short and long-term compensation plans to include clearly measurable ESG targets. For 2020, Endeavour has expanded its Group targets, which affects annual employee bonuses, to include 20% ESG-related short-term targets. Alongside a safety target of a LTIFR which is 10% below industry benchmark, it also includes a diversity target of achieving a 25% increase in female employee representation to 10% in 2020. The long-term incentive awards for executives have also been augmented to include a 12.5% ESG weighting for the successful external assurance on all 10 umbrella principles and 51 principles of the RGMPs. Full details of the compensation plan will be available in the Company's management information circular relating to its Annual General Meeting, which will be published in Q3-2020. In addition to the Company's update on the implementation of the RGMPs, the 2019 Sustainability Report details Endeavour's activities and performance across its five ESG pillars in 2019 and has been prepared in accordance with the GRI Core option. The main highlights are as follows:Continued strong safety record with reductions in Group all-injury frequency rate and Group lost-time injury frequency rate by 30% and 44%, respectively, compared to 2018; Distribution of $627 million in economic value to host countries, including $100 million in taxes and royalties, representing 71% of revenue; In-country procurement represented 67% of Group spend, supporting 1,144 local businesses; Zero significant environmental incidents in both 2019 and 2018; 22% reduction in greenhouse gas emission intensity over 2018; West African General Managers representation increased to 75%, from 25% in 2018; The representation of women in technical or supervisory roles increased to 11%, from 5% in 2018; 95% of site workforce are nationals, remaining at similar levels to 2018.