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News Release - Thursday, March 17, 2011
Endurance Closes Private Placement Of $540,000
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Endurance Gold Corporation (EDG - TSX.V, "Endurance") is pleased to
announce that, pursuant to its news release dated February 18, 2011, it
has closed a non-brokered private placement of 4,500,000 flow through
shares ("FT Shares") at a price of $0.12 per FT Share for gross
proceeds of $540,000. Two directors of the Company have subscribed for
220,000 FT shares.
The gross proceeds from the sale of the FT Shares will be used to fund
the Company's exploration activities on the Bandito Property in the
Yukon and possibly other Canadian properties.
The private placement is subject to final regulatory acceptance. The
securities issued in this financing will be subject to a hold period of
four months plus one day.
No commissions or finders' fees were paid in connection with this
financing.
ENDURANCE GOLD CORPORATION
Per: Robert T. Boyd
President & CEO
FOR FURTHER INFORMATION, PLEASE CONTACT
Endurance Gold Corporation
(604) 682-2707, info@endurancegold.com
www.endurancegold.com
Neither the TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this news
release. This news release may contain forward looking statements
based on assumptions and judgments of management regarding future
events or results that may prove to be inaccurate as a result of
factors beyond its control, and actual results may differ materially
from the expected results.
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Copyright (c) 2011 ENDURANCE GOLD CORPORATION (EDG) All rights
reserved. For more information visit our website at
http://www.endurancegold.com/ or send mailto:info@endurancegold.com
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Endurance Gold Corporation
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EXPLORATION STAGE |
CODE : EDG.V |
ISIN : CA29267M1086 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Endurance Gold is a gold development stage company based in Canada. Its main exploration properties are CARTER in USA and ANNIE, NATRONA, HUTTON PROJECT, PARKIN, MCCORD GOLD, PARDO, TURNER, BQ, NECHAKO, BANDITO and DOGPAW LAKE in Canada. Endurance Gold is listed in Canada. Its market capitalisation is CA$ 14.2 millions as of today (US$ 10.3 millions, € 9.4 millions). Its stock quote reached its lowest recent point on January 16, 2009 at CA$ 0.01, and its highest recent level on July 15, 2022 at CA$ 0.57. Endurance Gold has 101 090 000 shares outstanding. |