HALIFAX, NOVA SCOTIA--(Marketwired - Apr 13, 2017) - Note to editors: There are four maps associated with this press release. Erdene Resource Development Corp. (TSX:ERD) ("Erdene" or "Company"), is pleased to announce the commencement of its 2017 drill program at the Company's wholly-owned Bayan Khundii Gold Project ("Bayan Khundii") in southwest Mongolia. The program will consist of approximately 20,000 m of diamond [...]
HALIFAX, NOVA SCOTIA--(Marketwired - Mar 28, 2017) - Erdene Resource Development Corp. (TSX:ERD) ("Erdene" or "Company"), is pleased to provide a review of its 2016 activities and an outlook for 2017, including plans for the Company's principal gold projects in southwest Mongolia. This release should be read in conjunction with the Company's 2016 Financial Statements, MD&A and AIF on the Company's website or on SEDAR. "We [...]
Erdene Resource Development, is pleased to announce it has closed its non-brokered private placement with Teck Resources. The private placement financing involved the issuance of 543,478 shares to Teck at a price of $0.92 per share for gross proceeds of $500,000. This fulfils Teck's equity investment obligation pursuant to the Strategic Alliance between Erdene and Teck announced by Erdene in April 2013. Net proceeds of [...]
HALIFAX, NOVA SCOTIA--(Marketwired - March 16, 2017) - Erdene Resource Development Corp. (TSX:ERD) ("Erdene" or "Company"), is pleased to announce it intends to issue, by way of a non-brokered private placement, 543,478 shares to Teck Resources Ltd. ("Teck") at a price of $0.92 per share for gross proceeds of $500,000 ("Private Placement"). This fulfils Teck's equity investment obligation pursuant to the Strategic [...]
HALIFAX, NOVA SCOTIA--(Marketwired - Feb. 23, 2017) - NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITES DESCRIBED HEREIN. Erdene Resource Development Corp. (TSX:ERD) ("Erdene" or "Company") is pleased to announce the closing of its previously announced bought deal financing for gross proceeds to the Company of C$13.8 million (the [...]
HALIFAX, NOVA SCOTIA--(Marketwired - Jan. 31, 2017) - NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITES DESCRIBED HEREIN. Erdene Resource Development Corp. (TSX:ERD) ("Erdene" or "Company") is pleased to announce that due to strong demand, it has amended the terms of its previously announced bought deal financing to increase the size [...]
HALIFAX, NOVA SCOTIA--(Marketwired - Jan. 30, 2017) - NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITES DESCRIBED HEREIN. Erdene Resource Development Corp. (TSX:ERD) ("Erdene" or "Company") is pleased to announce that it has entered into an agreement whereby Paradigm Capital Inc. as lead underwriter and Canaccord Genuity Group Inc [...]
Erdene Resource Developmen is pleased to announce results for nine diamond drill holes from the Company's step-out drilling program at its 100%-owned Bayan Khundii Gold Project in southwest Mongolia. Highlights (see attached plan maps and cross-sections for reference) Drilling expands new gold zone (Midfield) under younger cover, 200 metres northeast of the main gold zone (Striker) Gold mineralization at Midfield [...]
HALIFAX, NOVA SCOTIA--(Marketwired - Dec 19, 2016) - Editors Note: There are four photos associated with this press release. Erdene Resource Development Corp. (TSX:ERD) ("Erdene" or "Company") is pleased to announce drill results from its 100%-owned Altan Nar Gold-Polymetallic Project ("Altan Nar") and Altan Arrow Gold-Silver Project ("Altan Arrow") in southwest Mongolia. Highlights (see attached plan maps and [...]
Erdene Resource Development is pleased to report the fourth batch of drill results from its Q3/Q4 drill campaign at its 100%-owned Bayan Khundii Gold Project in southwest Mongolia. "Today's results further support our belief that Bayan Khundii represents one of the most prospective new high-grade, near-surface gold discoveries in the industry today. Our drill program continues to push the boundaries of the mineralized [...]
HALIFAX, NOVA SCOTIA--(Marketwired - Nov 17, 2016) - Erdene Resource Development Corp. (TSX:ERD) ("Erdene" or "Company") is pleased to report the third batch of drill results from its Q3/Q4 drill campaign at its 100%-owned Bayan Khundii Gold Project ("Bayan Khundii") in southwest Mongolia. "Bayan Khundii continues to provide results supporting the emergence of a high quality gold discovery with all of those attributes [...]
HALIFAX, NOVA SCOTIA--(Marketwired - Nov 15, 2016) - Note to editors: There are three maps associated with this press release. Erdene Resource Development Corp. (TSX:ERD) ("Erdene" or "Company") is pleased to provide an update on third quarter corporate and project activities and to announce the receipt of $1.08 million in proceeds through the exercise of warrants. Corporate Highlights Company receives $1.08 million from [...]
