Endurance Accelerates 100% Ownership of the Entire Reliance Gold Project, B.C.
Endurance Accelerates 100% Ownership of the Entire Reliance Gold Project, B.C.
Vancouver, British Columbia--(Newsfile Corp. - December 19, 2024) - Endurance Gold Corporation (TSXV: EDG) (OTC Pink: ENDGF) (FSE: 3EG) (the "Company") is pleased to announce that it has fulfilled the requirements of three option agreements and acquired 100% interest in the related properties that constitute the majority of the Reliance Gold Project (the "Property") in B.C. The Project is located 5 kilometers ("km") east of Gold Bridge and 10 km north of the Bralorne Gold Mines which have historically produced over 4 million ounces of gold.
溫哥華,不列顛哥倫比亞省--(Newsfile Corp. - 2024年12月19日) - Endurance Gold Corporation (TSXV: EDG) (OTC Pink: ENDGF) (FSE: 3EG) (以下簡稱"公司")很高興地宣佈它已滿足三項期權協議的要求,並獲得與之相關的資產的100%權益,這些資產構成了Reliance黃金項目(以下簡稱"資產")的大部分。該項目位於Gold Bridge以東5公里("公里")和Bralorne黃金礦以北10公里,歷史上生產了超過400萬盎司的黃金。
The Company has accelerated its final vesting of ownership in all properties related to three option agreements which formed the majority of the Property by making final cash payments of $205,000 and the issuance of 3,100,000 Endurance shares. The issued shares are subject to minimum regulatory and agreed hold periods. In addition to the cash and share payments, 750,000 share purchase warrants (the "Warrants") were issued to the Optionor of the Olympic Property as per the 2022 Option Agreement. Each Warrant entitles the Optionor to acquire one common share of the Company for a period of three years from the date of issuance. The exercise price of the Warrants is set at $0.17, a 25% premium to the 20-day volume weighted average price of the share. Any shares to be issued from the exercise of the Warrants will be subject to a four-month hold period in accordance with the policies of the TSX Venture Exchange (the "Exchange"). The issuance of Warrants remains subject to the final acceptance by the Exchange. For details of the option terms for the three option agreements, please refer to the Company's news releases issued on September 12, 2019, October 18, 2022 and October 25, 2022 as well as a deal location figure available on the Company's website
公司已加速完成與三項期權協議相關的所有資產的最終所有權,通過支付205,000美元的最終現金款項和發行3,100,000份Endurance股票。所發行的股票須遵守最低監管和約定的持有期。除了現金和股票支付外,按照2022年期權協議,向Olympic資產的選項方發行了750,000份股份購買Warrants(以下簡稱"Warrants")。每份Warrant使選項方有權在發行之日起三年內收購公司的普通股。Warrants的行使價格設定爲0.17美元,較20天成交量加權平均價溢價25%。任何因行使Warrants而發行的股票將根據TSX創業公司交易所(以下簡稱"交易所")的政策受四個月的持有期限制。Warrants的發行仍需獲得交易所的最終接受。有關三項期權協議的期權條款詳情,請參考公司在2019年9月12日、2022年10月18日和2022年10月25日發佈的新聞稿及公司網站上的交易位置圖。
Endurance Gold Corporation is a company focused on the acquisition, exploration and development of highly prospective North American mineral properties with the potential to develop world-class deposits.
Endurance Gold Corporation是一家專注於獲取、勘探和開發具有高度前景的北美礦產資源的公司,具有開發世界級礦牀的潛力。
ENDURANCE GOLD CORPORATION
ENDURANCE GOLD CORPORATION
Robert T. Boyd, President & CEO
羅伯特·T·博伊德,總裁兼首席執行官
FOR FURTHER INFORMATION, PLEASE CONTACT
Endurance Gold Corporation
Toll Free: (877) 624 2237, info@endurancegold.com
如需更多信息,請聯繫
Endurance Gold Corporation
免費電話: (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.
TSX創業公司交易所及其監管服務提供商(根據TSX創業公司交易所的政策定義該術語)對本新聞稿的充分性或準確性不承擔任何責任。 本新聞稿可能包含基於管理層對未來事件或結果的假設和判斷的前瞻性陳述,這些假設和判斷可能由於超出其控制因素而被證明不準確,實際結果可能與預期結果存在重大差異。