Endeavour Mining Capital announces proposed name change and new website

    Toronto Stock Exchange: EDV

    GEORGE TOWN, Grand Cayman, June 9 /CNW/ - Endeavour Mining Capital Corp.
("Endeavour" or the "Corporation") announces that, effective immediately, it
will be carrying on business under the business name "Endeavour Financial."
    In connection with the adoption of the Endeavour Financial business name,
the Corporation intends to formally change its name to "Endeavour Financial
Corporation," and will seek shareholder approval for this change at a special
meeting of its shareholder scheduled for July 16, 2008.
    As an integrated resource merchant bank, the Corporation's primary
activities are providing advisory services and making capital investments. The
Corporation has provided its advisory services under the "Endeavour Financial"
name, while its capital investments have been transacted under the "Endeavour
Mining Capital" name.
    Neil Woodyer, CEO, stated, "Operating under one name is the natural
evolution of the integration of our advisory and capital businesses.
'Endeavour Financial' is the principal name under which Endeavour transacts
business and attracts new clients and this name holds strong brand recognition
and better reflects the current and future activities of the business. We
further believe the use of one business name for both our advisory and capital
investment activities will enhance the visibility of our business integration
for potential clients and shareholders."
    The Corporation is also pleased to announce that it has launched a new
corporate website, which can be found at www.endeavourfinancial.com.

    Endeavour is a publicly-traded merchant banking company offering
integrated capital investment and financial advisory services to the global
natural resources sector. The Corporation offers a unique combination of
financial and intellectual capital to help build companies and create
shareholder value. Its shares are listed on the Toronto Stock Exchange under
the symbol EDV and offer a distinctly different way to invest in the natural
resources sector.

    On behalf of Endeavour Mining Capital Corp.

    "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 statements relating to the future
performance of Endeavour Mining Capital Corp. Forward-looking statements,
specifically those concerning future performance, are 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@endeavourminingcapital.com

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