February 24, 2009
Grant of Stock Options
|Endurance Gold Corporation (EDG - TSX.V) announces that it has granted 1,700,000 incentive stock options (the "Options") to certain directors, officer and consultant of the Company, bringing total options granted to 2,375,000 stock options (8.7% of current issued capital, or 6.7% of issued capital after the close of the financing announced on February 20, 2009). The Options were granted under the Company's rolling stock option plan that provides for issuance of up to 10% of the issued capital at any time. The Options are exercisable at $0.10 per share for a period of five years from the date of grant and are subject to the policies of the TSX Venture Exchange. |
ENDURANCE GOLD CORPORATION
President and Chief Executive Officer
FOR FURTHER INFORMATION, PLEASE CONTACT
Duncan McIvor, (604) 682-2707, or visit our website at
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.
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