Endurance Completes Shares-FOR-Debt Settlement

ENDURANCE GOLD CORPORATION

#520 – 800 West Pender Street

Vancouver, B.C. V6C 2V6

Tel: (604) 682-2707 Fax: (604) 681-0902

NEWS RELEASE 17 - 11 December 18, 2017

ENDURANCE COMPLETES SHARES-FOR-DEBT SETTLEMENT

Endurance Gold Corporation (EDG – TSX.V, “Endurance” ) reports that, as announced on December 8, 2017, the TSX

Venture Exchange has approved the Company’s application to settle $175,000 in debt by issuing 2,500,000 common shares

at a deemed price of $0.07 per share to a company controlled by Robert Boyd, the Chief Executive Officer of the Company.

The shares are subject to a four month hold period which expires April 19, 2018.

ENDURANCE GOLD CORPORATION

Robert Pease

Director

FOR FURTHER INFORMATION, PLEASE CONTACT

Endurance Gold Corporation

(604) 682-2707, [email protected]

www.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.