Endurance Exploration Group, Inc. (OTCPK:EXPL) announced a private placement of minimum of up to 80,000 units at $0.25 per unit for gross proceeds of $20,000 and maximum of up to 15,000,000 units at $0.25 per share for gross proceeds of $3,750,000 on June 7, 2017. Each unit will comprise of one common share and one warrant. Each warrant will entitle the holder to purchase one common share at $0.35 per share for a period of 24 months. At any point following the closing of the transaction, but prior to the warrant expiration date, on 30 day’s written notice, for $0.01 per warrant, if the closing price of the common stock has exceeded $0.40 for five consecutive trading days. The company will issue the securities pursuant to exemption provided under Regulation D and Regulation S. The shares are restricted.