Attention Business/Financial Editors:

Endeavour to release financial results for year ended June 30, 2008 on September 3, 2008

    Toronto Stock Exchange: EDV

    GEORGE TOWN, Grand Cayman, Aug. 20 /CNW/ - Endeavour Financial
Corporation ("Endeavour" or the "Corporation") will release its financial
results for the year ended June 30, 2008 on September 3, 2008.
    Management's discussion of the financial results for the year ended
June 30, 2008 will be webcast by V-Call and can be accessed from the
Corporation's website at www.endeavourfinancial.com.

    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,
www.endeavourfinancial.com.

    On behalf of Endeavour Financial Corporation

    "Bill Koutsouras"

    Bill Koutsouras
    Executive Vice President & Chief Financial 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 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: Dr. Sally Eyre, Director Marketing & Business
Development, (604) 609-6129 or Vanguard Shareholder Solutions, 1-866-341-1111
or (604) 608-0824, Phone: Vanguard Shareholder Solutions, 1-866-341-1111 or
(604) 608-0824, email: investor@endeavourfinancial.com