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Re: Sexton O Blake post# 11397

Thursday, 10/07/2004 11:39:42 PM

Thursday, October 07, 2004 11:39:42 PM

Post# of 19037
EDV started providing monthly NAV updates about 5 months ago:
http://www.endeavourminingcapital.com/nav.php

We should get the next one for Sept around Oct 12th or so

yep, here it is, May 14th was the first NAV release

ENDEAVOUR MINING CAPITAL TO COMMENCE PROVIDING
MONTHLY NET ASSET VALUE UPDATES
May 14, 2004
George Town, May 14, 2004 At the request of investors, the Board of Directors of Endeavour Mining Capital Corp. (“Endeavour” or “Corporation”) has decided to supplement the Corporation’s quarterly earnings reports with regular monthly updates of its net asset value (“NAV”) per share. On the Corporation’s most recent month end of April 30, 2004, the NAV per share was US$3.23 per share (or approximately CDN$4.43 per share). According to Bill Koutsouras, Chief Financial Officer, “Due to recent volatility in the mining equity markets, investors have requested more frequent information on the performance of our merchant banking investments. Providing current book values, otherwise known as net asset values, in addition to our quarterly earnings results will, in our opinion, allow investors to better assess the prospects for the Corporation.”


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