Endurance Gold receives DTC eligibility

Mar 15, 2022

2022-03-15 10:55 ET – News Release

Mr. Robert Boyd reports

ENDURANCE GOLD ANNOUNCES DTC ELIGIBILITY FOR ITS COMMON SHARES AND BERLIN OPEN MARKET ACCEPTANCE

Endurance Gold Corp.’s common shares are now eligible for electronic clearing and settlement through Depository Trust Company (DTC) in the United States. DTC eligibility will enable an accelerated settlement process and the company’s shares to be economically transferred between brokerage accounts electronically within the United States. The company’s common shares trade on the Pink Open Market under the ticker symbol ENDGF.

In addition, the company was sponsored by a German financial institution and has been accepted for listing its shares on the Berlin Open Market, with the company’s common shares trading in Germany under the ticker symbol 3EG.

DTC is a subsidiary of Depository Trust & Clearing Corp., a U.S. company that manages the electronic clearing and settlement of publicly traded companies. Securities that are eligible to be electronically cleared and settled through DTC are considered DTC eligible. DTC eligibility is expected to simplify the process of trading and enhance the liquidity of the company’s common shares in the United States.

With DTC eligibility, existing United States-resident investors benefit from potentially greater liquidity and faster execution speeds. This also opens the door to new U.S. investors that may have been previously restricted from purchasing the company’s common shares and simplifies the process of trading them in the United States.

European and German investors have been showing interest in the company. Thus, including the company for trading on the Berlin Open Market offers European and German investors the possibility to trade Endurance Gold shares within a local and familiar legal environment. Inclusion in the Berlin Open Market is not considered an admission to trading or a formal German exchange listing.

About Endurance Gold Corp.

Endurance Gold 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. The company’s core financing focus is the Reliance gold project, located near Gold Bridge, B.C., in the Bralorne gold camp.

https://endurancegold.com/