Endeavour declares monthly dividend for August 2008

    Toronto Stock Exchange: EDV

    GEORGE TOWN, Grand Cayman, Aug. 12 /CNW/ - Endeavour Financial
Corporation "Endeavour" or the "Corporation") is pleased to announce the board
of directors has declared a monthly cash dividend of CDN$0.015 per common
share, payable on August 29, 2008 to shareholders of record at the close of
business on August 22, 2008. The Corporation's Board maintains a monthly
dividend policy.

    Endeavour is an independent merchant banking company focused on the
global natural resources sector. The Corporation offers advisory services in
project, corporate and debt capital markets; equity financings; mergers and
acquisitions; and strategic business development. Endeavour also provides
equity and bridge loans in support of clients, transactions, and other market
opportunities. Accessing its global industry networks, Endeavour creates and
launches new growth companies as both an advisor and investor.
    Endeavour Financial Corporation is listed on the Toronto Stock Exchange,
symbol EDV.
    For additional information, please visit our corporate website,

    On behalf of Endeavour Financial Corporation

    "Bill Koutsouras"
    Executive Vice President & CFO

    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 Financial 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.

For further information:

For further information: Dr. Sally Eyre, Director Marketing & Business
Development, (604) 609-6129 or Vanguard Shareholder Solutions, 1-866-801-0779
or (604) 608-0824, email: investor@endeavourfinancial.com, Phone: Vanguard
Shareholder Solutions, 1-866-801-0779 or (604) 608-0824, email:

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