Endurance Gold Corporation announced a non-brokered private placement of 20,000,000 units at issue price CAD 0.2 per unit for gross proceeds CAD 4,000,000 on May 14, 2024. The transaction includes participation from Gilliam. Each Unit will consist of one common share and one-half nontransferable common share purchase warrant.

Each Warrant will entitle the holder to purchase one additional Share of the Company at an exercise price of CAD 0.32 for a period of two years from the date of issuance thereof. The Offering is not subject to any minimum aggregate subscription. The Offering is made to accredited investors within the meaning of National Instrument 45-106 and the completion of the Offering is subject to the receipt of acceptance by the TSX Venture Exchange.

All securities issued in connection with the Offering will be subject to a statutory hold period expiring four months plus one day from the Closing. Finders' fees may be payable in connection with the Offering in accordance with the policies of the Exchange. Gilliam, a control person and an insider of the Company, intends to subscribe for 20,000,000 Units in the private placement.