Endeavour Mining Corporation (TSX: EDV) has announced the merger between Endeavour and Adamus Resources Limited effective immediately. The two corporations will combine to form a gold production and exploration company that will focus on mining operations in Western Africa. The company is already listed on the TSX and will begin trading on the ASX on December 6.

As a result of the new corporate alliance, the management team and board of directors will consist of members from both Endeavour and Adamus. Neil Woodyer will retain his position as CEO of the company and, effective today, Adamus’ former Managing Director will serve as COO. The board of directors will be comprised of seven members with Mark Connelly, Martin Reed and Dr. Antony Harwood each being offered a position alongside the four other representatives.

“Significant work by the combined Endeavour and Adamus teams has gone into this merger and the integration of our companies.  As planned, we have moved quickly to implement the new management structure, repay the Nzema project loan, and significantly reduce the Nzema hedge book.  With less than 6% of our attributable 2.0 million reserve ounces hedged, we have greatly improved our exposure to the price of gold and our attractiveness as a gold producer in the marketplace,” said Woodyer in a statement.  “I would like to thank everyone involved for their hard work and our shareholders for their continuing support.  We look forward to demonstrating the value and potential of the bigger and better Endeavour Mining,” he continued.

More detailed information about the merger and future operations can be found on the Endeavour Mining website.