- Endurance Gold Corporation (EDG) has closed an over-subscribed, non-brokered private placement financing for gross proceeds of $2,039,336
- The company issued a total of 4,855,562 units at a price of $0.42 per unit
- Proceeds will be used to fund exploration activities and for general corporate purposes
- Endurance Gold is a metal exploration and development company
- Endurance Gold Corporation (EDG) opened trading at C$0.40
Endurance Gold Corporation (EDG) has closed its previously announced over-subscribed, non-brokered private placement financing for gross proceeds of $2,039,336.
The company issued a total of 4,855,562 units at a price of $0.42 per unit. Each unit consists of one common share and one-half non-transferable common share purchase warrant. Each whole warrant will entitle the holder to purchase one additional share for $0.55 until November 1, 2024.
The proceeds will be used to fund exploration activities and for general corporate purposes.
All securities issued are subject to a statutory four-month hold period of four months, expiring on March 2, 2023.
Endurance Gold is a metal exploration and development company engaged in the exploration and development of mineral properties in North America. Its projects include Elephant Mountain Project, Reliance Gold Property, McCord Gold Project and the Flint Lake Joint Venture Property.
Endurance Gold Corporation (EDG) opened trading at C$0.40.
