ENDURANCE GOLD CORPORATION ("EDG")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: April 10, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an Option Letter Agreement dated March 29, 2017 between Endurance Gold Corporation (the "Company") and Peter Frantz, whereby the Company has the option to acquire a 100% interest in the Trout-Wolverine Property located in the Rampart-Eureka-Hot Springs mining district of Alaska, USA. In consideration, the Company will pay US$180,000 in cash (US$5,000 in the first year) over eight years, issue a total of 300,000 shares (25,000 shares in the first year) over six years and incur exploration expenditures in the amount of US$200,000 (US$20,000 in the first year) over a nine-year period. There will be a 2% NSR, half of which may be purchased back at any time for US$500,000.
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