Endurance Gold Corporation announced a non-brokered private placement of up to 2,500,000 units at a price of CAD 0.22 per unit for gross proceeds of CAD 550,000, and 7,500,000 flow-through shares at a price of CAD 0.26 per flow-through share for gross proceeds of CAD 1,950,000; for aggregate gross proceeds of CAD 2,500,000 on September 11, 2023. Each unit will consist of one common share and one-half non transferable common share purchase warrant. Each warrant will entitle the holder to purchase one additional common share at an exercise price of CAD 0.42 for a period of two years from the date of issuance.

The transaction will include participation from accredited investors and certain insiders of the company. All securities issued in connection with the transaction will be subject to a statutory hold period expiring four months plus one day from the closing. The company may pay finders' fees in connection with the transaction in accordance with the policies of the Exchange.

The completion of the transaction is subject to the receipt of acceptance by the TSX Venture Exchange