Early Warning Press Release in Accordance with National Instrument 62-103

Endurance Gold (OTC:ENDGF) filed an Early Warning reporting that director and control person H. Ross Arnold exercised options to acquire 250,000 shares on April 14, 2026 at $0.34 per share.

Rhea-AI Summary

Endurance Gold (OTC:ENDGF) filed an Early Warning reporting that director and control person H. Ross Arnold exercised options to acquire 250,000 shares on April 14, 2026 at $0.34 per share. Following the exercise, Arnold directly owns 28,306,948 shares, representing ~14.17% of issued common shares.

The filing notes 64,086,152 shares were issued from treasury since the last report, and that Arnold may continue to buy or sell securities in compliance with securities laws.

Positive

• Stake increased by 250,000 shares via option exercise
• Current ownership totals 28,306,948 shares (~14.17%)

Negative

• Treasury issuance of 64,086,152 shares diluted prior ownership
• Ownership down from 19.97% in Feb 2022 to ~14.17% now

Argus Apr 15 session

-0.67% close to close Open Argus

Details

News Market Reaction – ENDGF

On Apr 15, the first trading day after this news, ENDGF closed 0.67% below the previous close.

Data tracked by StockTitan Argus for the Apr 15 session.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Vancouver, British Columbia--(Newsfile Corp. - April 14, 2026) - This press release is being issued in connection with the filing of an early warning report (the "EWR") pursuant to the requirements of National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issues, regarding the change in ownership and control of common shares (the "Shares") of Endurance Gold Corporation (the "Issuer") by H. Ross Arnold (the "Acquiror").

The Acquiror acquired 250,000 common shares (the "Share") of the Issuer in connection with the exercise of stock options. The stock options were granted to the Acquiror on April 26, 2021 at an exercise price of $0.34 per Share for a period of five years from the date of granting. The Acquiror is a control person and a director of the Issuer.

In the Acquiror's last Earning Warning Report filed on February 17, 2022, the Acquiror had ownership and control over 27,037,936 Shares of the Issuer, representing 19.97% of the then issued and outstanding Shares of the Issuer. Since the date of his last Earning Warning Report and prior to this transaction, the Acquiror acquired a total of 1,019,012 Shares of the Issuer through participation in private placements and exercise of stock options; and a total of 64,086,152 Shares have been issued from the Issuer's treasury for mineral property acquisitions, private placements and the exercises of stock options and warrants. As a result of these acquisitions and the Issuer's shares being diluted, the Acquiror now directly and beneficially owns a total of 28,306,948 Shares, representing approximately 14.17% of the issued and outstanding shares of the Issuer which triggered the requirement to file this Early Warning report.

Immediately prior to the acquisition, the Acquiror beneficially owned or exercised control or direction over 28,056,948 Shares and 900,000 stock options, representing approximately 14.07% and 14.45% of the issued and outstanding shares on an undiluted and diluted basis respectively. Immediately following the acquisition, the Acquiror beneficially owned or exercised control or direction over 28,306,948 Shares and 650,000 stock options, representing approximately 14.17% and 14.45% of the issued and outstanding common shares on an undiluted and diluted basis respectively.

The Acquiror acquired the Shares for investment purposes and as a control person and a director of the Issuer may continue to acquire additional securities of the Issuer from time to time in accordance with applicable securities laws.

An EWR will be filed by the Acquiror on the Issuer's profile on SEDAR+ at www.sedarplus.ca. To obtain a copy of the EWR, please contact the Issuer at the following address:

Endurance Gold Corporation
Suite 1212, 666 Burrard Street
Vancouver, B.C. V6C 2V8
Email: info@endurancegold.com

/s/ H. Ross Arnold
_________________________
H. Ross Arnold

Neither the TSX Venture Exchange nor its Regulatory Services Provider accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/292574

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did ENDGF announce on April 14, 2026 about H. Ross Arnold's holdings?

Arnold exercised options to buy 250,000 shares at $0.34, raising his stake to 28,306,948 shares (~14.17%). According to Endurance Gold, the transaction triggered an Early Warning filing under NI 62-103 and will be posted on SEDAR+.

How many ENDGF shares did the company issue from treasury since the last report?

Endurance Gold issued 64,086,152 shares from treasury since the prior report. According to Endurance Gold, those issuances were for mineral property acquisitions, private placements and exercises of options and warrants.

What percentage of ENDGF does H. Ross Arnold own after the April 14, 2026 transaction?

After exercising 250,000 options, Arnold owns approximately 14.17% of issued common shares. According to Endurance Gold, his diluted holding remains about 14.45% including outstanding options.

Why was an Early Warning report filed for ENDGF on April 14, 2026?

The option exercise increased Arnold's direct holdings over the regulatory threshold requiring disclosure, prompting an Early Warning report. According to Endurance Gold, the filing complies with National Instrument 62-103.

Will H. Ross Arnold continue acquiring ENDGF securities after April 14, 2026?

Possibly; Arnold said the shares were acquired for investment purposes and he may continue to acquire securities from time to time. According to Endurance Gold, any future trades will follow applicable securities laws.