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News Releases

 

March 26, 2007
Non-Brokered Private Placement Closes


NOT FOR DISSEMINATION IN THE UNITED STATES OR VIA US NEWSWIRE

Endurance Gold Corporation (EDG -- TSX.V, the "Company") is pleased to announce that, further to its news release dated February 2, 2007, it has closed the non-brokered private placement for gross proceeds of $525,000. The private placement comprised 2,282,600 non-flow-through units at a price of $0.23 per unit (the "Units"). Each Unit comprises one non-flow-through common share and one transferable common share purchase warrant, each such warrant entitling the holder to acquire one common share of the Company for a period of 18 months from closing at a price of $0.40 per share.

All securities issued pursuant to this private placement are subject to a 4 month hold period.

The proceeds of the private placement transaction will be used for further exploration of the Company's property portfolio and to provide general working capital to the Company.

ENDURANCE GOLD CORPORATION

Per: "Duncan McIvor"
President and Chief Executive Officer

FOR FURTHER INFORMATION, PLEASE CONTACT
Jeffrey Wilson, Corporate Communications (604) 868-0225, or visit our website at www.endurancegold.com

The TSX Venture Exchange or any other regulatory authority has not reviewed, and does not accept responsibility for, the adequacy or accuracy of this news release.
 
 

You can view the Next News Releases item: Tue Mar 27, 2007, Endurance Options Remaining Dogpaw Lake Area Claims To North American Uranium Corp

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