March 30, 2010
Endurance Shareholders Exercise 95 Percent Of Expiring Warrants
|Endurance Gold Corporation (EDG - TSX.V) is pleased to report that shareholders including three directors of the Company have acquired a total of 7,960,000 common shares of the Company through the exercise of 7,960,000 of the 8,000,000 share purchase warrants that otherwise would have expired on March 31, 2010. The Company has received $796,000 from the exercise of the warrants. The warrants were issued primarily to insiders in connection with a non-brokered private placement transaction of 8,000,000 Units in March 2009. Each Unit consisted of one common share and one share purchase warrant, exercisable at a price of $0.10 per share until March 31, 2010.|
ENDURANCE GOLD CORPORATION
Per: /s/ J. Christopher Mitchell
FOR FURTHER INFORMATION, PLEASE CONTACT
Endurance Gold Corporation
Robert T. Boyd; (604) 682-2707, Bod@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.
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