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Endeavour Mining commences trading in the U.S. on OTCQX International

Toronto Stock Exchange: EDV            Australian Securities Exchange:
EVR

MONACO , April 2, 2012 /CNW/ – Endeavour Mining Corporation (“Endeavour”
or the “Corporation”) (TSX:EDV, ASX:EVR, OTCQX:EDVMF) is pleased to
announce that its common shares have commenced trading in the United
States on the OTCQX International under the symbol “EDVMF”.  The OTCQX
is a highly visible electronic trading venue in the U.S. and the
International tier is designed for non-U.S. companies listed on
qualified international stock exchanges.  Endeavour common shares will
continue to trade in Canada on the TSX under the symbol “EDV” and in
Australia on the ASX as CDIs under the symbol “EVR”.

Endeavour expects to benefit from its shares being traded on OTCQX
International by gaining greater exposure and liquidity in the United
States , without the regulatory costs of a traditional U.S. exchange
listing.  The Corporation’s Canadian SEDAR public disclosure will be
made directly available to U.S. investors and brokers at otcmarkets.com.

Neil Woodyer, CEO, stated “Endeavour is pleased to increase our
accessibility for both institutional and retail investors in the U.S. 
We are also pleased to participate in the U.S. OTC Blue Sky Compliance
program that allows U.S. brokers to discuss and recommend our shares to
their clients, on a state-by-state basis.  We are committed to
increasing the liquidity of our shares and by upgrading to the top tier
of the OTC market we demonstrate our commitment to this strategy.”

SecuritiesLawUSA, PC will serve as the Corporation’s Principal American
Liaison (PAL) responsible for providing guidance on OTCQX requirements.

About OTCQX

The OTCQX marketplace is the premier tier of the U.S. OTC market and
provides a gateway to U.S. securities markets for international
companies that are otherwise listed on qualified exchanges not resident
in the United States.  Only companies that have a substantial operating
business and that provide credible, ongoing disclosure to the public
are eligible for admission to OTCQX.  Investor-focused companies use
the quality controlled OTCQX platform to offer investors transparent
trading, superior information, and easy access through their regulated
U.S. broker-dealers.  OTCQX is fully electronic and gives investors
access through all major online and full-service brokerage firms in the
United States , including Schwab, E*TRADE, Scottrade, TD Ameritrade, and
Fidelity.  Trades are settled and cleared in the United States and
trade reports are disseminated publicly through financial data
providers.  Investors can view Real-Time Level 2 Quotes for all OTCQX
companies on their web site at www.otcqx.com providing access to detailed market data, including market depth.

About Endeavour Mining Corporation

Endeavour is a growth focused West African gold production and
exploration company led by an accomplished management team.  Endeavour
is currently producing gold at a rate of 180,000 ounces per year from
two operating mines (Nzema in Ghana and Youga in Burkina Faso ) and has
a near-term mine construction decision (Agbaou in Côte d’Ivoire) and an
extensive 2012 exploration program underway.  Endeavour’s goal is to
produce approximately 250,000 ounces of gold per year from the end of
2013 from existing properties. Endeavour also has an acquisition growth
strategy focused on West Africa and is targeting the acquisition of
additional gold production before the end of 2013.

Endeavour Mining Corporation is listed on the TSX (symbol EDV), ASX
(symbol EVR) and OTCQX (symbol EDVMF).

On behalf of Endeavour Mining Corporation

“Neil Woodyer”

Neil Woodyer
Chief Executive Officer

The Toronto Stock Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release. The
foregoing information may contain forward-looking information relating
to the future performance of Endeavour Mining Corporation. 
Forward-looking information, specifically, that concerning future
performance, is subject to certain risks and uncertainties, and actual
results may differ materially. These risks and uncertainties are
detailed from time to time in the Corporation’s filings with the
appropriate securities commissions.

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