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Endurance Gold Corp V.EDG

Alternate Symbol(s):  ENDGF

Endurance Gold Corporation is a Canada-based precious metals exploration and development company. The Company is focused on the acquisition, exploration and development of prospective North American mineral properties. Its projects include Reliance Gold Project, Elephant Mountain Gold Project, Bandito REE-Niobium Project, McCord Gold Project and Flint Lake Gold JV. The Reliance Gold Project is located 4 kilometers (km) east of the village of Gold Bridge. The Elephant Mountain Project consists of three properties, including Elephant, Trout and Wolverine located in the Rampart-Eureka-Manley Hot Springs placer gold mining district near Eureka, Alaska. The Flint Lake Gold JV project is located approximately 58 kilometers southeast of the town of Kenora, in northwestern Ontario. It owns a 100% interest in the Bandito property, which is 3,700 hectares in size and located in the Yukon, 155 km east of Watson Lake, 60 km northeast of the airstrip, and road head at Smith Falls, British Columbia.


TSXV:EDG - Post by User

Bullboard Posts
Post by MEL93013on Aug 04, 2011 2:06pm
205 Views
Post# 18904785

LATEST....

LATEST....
August 02, 2011
Endurance Increases Private Placement

  Endurance Gold Corporation (EDG - TSX.V, "Endurance") has increased the non-brokered private placement (the "Financing"), announced on July 21, 2011, from $250,000 to $350,000. The Financing will consist of 1,750,000 units (the "Unit") at a price of
.20 per Unit. Each Unit consists of one common share and one half non-transferable common share purchase warrant (the "Warrant"). Each whole Warrant is exercisable into one common share at a price of
.30 per share for a period of 12 months from the date of closing. The Financing is fully subscribed by the Company's insiders.

The gross proceeds from the sale of the Unit will be used to fund the Company's exploration activities and for general working capital.

The Financing is subject to regulatory acceptance. The securities issued in the Financing will be subject to a statutory hold period of four months plus one day from the date of closing.

ENDURANCE GOLD CORPORATION

Robert T. Boyd
Per:
President & CEO
Bullboard Posts