A. On the contrary, investors should be pleased that board and management found a seamless path to management succession. Bradford Cooke was the Founder and original Executive Chairman and CEO, but as the Company grew, he recognized years ago the need for an independent Chairman for better corporate governance. Now that Chairman, Geoff Handley and CEO, Brad Cooke are both taking a step back from the day to day management of the Board and Company respectively, the Board recognized it had the best candidates for those and other key positions already inhouse. Mr. Cooke will step back up to the position of Executive Chair and remain active in supporting Dan Dickson and Christine West as they move up from their current positions of CFO and VP Controller to their new roles as CEO and CFO respectively. Both Dan Dickson and Christine West have been with Endeavour Silver since 2007 and have been instrumental in leading the company to where we are today. Mr. Handley will remain on the Board as a Director for continuity during this transition phase, and Rex McLennan will become the Lead Independent Director. The Company will likely continue to expand the Board and Management as the business grows so this is really just the next step forward for Endeavour Silver!

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