Endurance Reports Additional $2.8 Million Through Exercise of Warrants and Options

Rhea-AI Summary

Endurance Gold (OTCQB: ENDGF, TSXV: EDG) announced receipt of $2.8 million from the exercise of 7,000,000 warrants at $0.32 and 1,650,000 options at $0.34 by insiders on April 10, 2026. Proceeds will support general working capital and the already fully funded Reliance Exploration Program near Gold Bridge, B.C.

Positive

• $2.8 million raised via warrant and option exercises
• Reliance Exploration Program reported as already fully funded

Negative

• 8,650,000 securities exercised may increase outstanding share count
• Financing sourced from insider exercises rather than new external investors

News Market Reaction – ENDGF

+1.52%

1 alert

+1.52% News Effect

On the day this news was published, ENDGF gained 1.52%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Vancouver, British Columbia--(Newsfile Corp. - April 10, 2026) - Endurance Gold Corporation (TSXV: EDG) (OTCQB: ENDGF) (FSE: 3EG) (the "Company") is pleased to announce that the Company has received $2.8 million in proceeds from the exercise of 7,000,000 warrants at $0.32 and 1,650,000 stock options @$0.34 by Insiders. Proceeds will contribute towards general working capital and to the already fully funded Reliance Exploration Program.

Endurance Gold Corporation is a precious metals exploration and development company focused on the acquisition, exploration and development of highly prospective North American mineral properties. Our exploration focus is currently to advance the Reliance Gold Project, located near Gold Bridge B.C., in the historic Bridge River Gold Mining Camp.

ENDURANCE GOLD CORPORATION

Robert T. Boyd, President & CEO

FOR FURTHER INFORMATION, PLEASE CONTACT
Endurance Gold Corporation www.endurancegold.com
Toll Free: (877) 624 2237, info@endurancegold.com

.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. This news release may contain forward-looking statements based on assumptions and judgments of management regarding future events or results that may prove to be inaccurate as a result of factors beyond its control, and actual results may differ materially from the expected results.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/291885

FAQ

How much did Endurance (ENDGF) raise from warrant and option exercises on April 10, 2026?

Endurance raised $2.8 million from insider exercises on April 10, 2026. According to the company, proceeds came from 7,000,000 warrants at $0.32 and 1,650,000 options at $0.34, earmarked for working capital and the Reliance program.

Which securities were exercised to generate the $2.8 million for Endurance (ENDGF)?

The proceeds came from warrants and stock options exercised by insiders. According to the company, 7,000,000 warrants were exercised at $0.32 and 1,650,000 options at $0.34, totaling $2.8 million.

What will Endurance (ENDGF) use the $2.8 million proceeds for?

Proceeds will support general working capital and the Reliance exploration program. According to the company, funds will contribute to ongoing operations and the already fully funded Reliance Exploration Program near Gold Bridge, B.C.

Did insiders participate in Endurance (ENDGF) financing on April 10, 2026?

Yes, insiders exercised warrants and options to provide the funds. According to the company, insiders exercised 7,000,000 warrants and 1,650,000 options to raise the $2.8 million.

What is the impact of the April 10, 2026 exercises on Endurance (ENDGF) exploration plans?

The exercises reinforced funding for exploration activities, with Reliance listed as fully funded. According to the company, the proceeds will help working capital and support advancement of the Reliance Gold Project near Gold Bridge, B.C.