HALIFAX, NOVA SCOTIA--(Marketwired - Jun 9, 2015) - Erdene Resource Development Corp. (TSX:ERD) ("Erdene" or "Company"), is pleased to provide an update on activities as presented at the Company's Annual and Special Meeting of Shareholders ("AGM") held on June 4, 2015 in Halifax, Nova Scotia and to announce its shareholders voted in favor of all items of business brought before them. A copy of the AGM presentation is [...]
HALIFAX, NOVA SCOTIA--(Marketwired - Jun 4, 2015) - Erdene Resource Development Corp. (TSX:ERD) ("Erdene" or "Company"), is pleased to announce that its recently announced non-brokered financing ("Private Placement") is oversubscribed and as a result the Company has increased the amount of the financing to $1.5 million. The Company closed the first tranche of $1.15 million and expects to close the final tranche before [...]
Comments on the Significance of the Oyu Tolgoi Agreement HALIFAX, NOVA SCOTIA--(Marketwired - May 21, 2015) - Erdene Resource Development Corp. (TSX:ERD) ("Erdene" or "Company"), is pleased to announce that it intends to undertake a non-brokered private placement ("Private Placement") to raise up to $1 million and has engaged the services of Altus Securities Inc. to act as advisor on behalf of the Company. The Company [...]
HALIFAX, NOVA SCOTIA--(Marketwired - Apr 27, 2015) - Erdene Resource Development Corp. (TSX:ERD) ("Erdene" or "Company"), is pleased to announce it has closed its non-brokered private placement financing with Teck Resources Ltd. ("Teck"). The net proceeds will be used for exploration of the Company's Teck-Alliance projects in Mongolia. The private placement financing included the issuance of 2,826,310 shares to Teck at a [...]
Erdene, is pleased to announce it intends to issue, by way of a non-brokered private placement, 2,826,310 shares to Teck Resources at a price of $0.139 per share for gross proceeds of $392,857. In addition to the Private Placement, Teck will be issued 1,071,429 shares on the exercise of warrants with an exercise price of $0.10 per share, for gross proceeds of $107,143. This fulfils Teck's annual equity investment [...]
HALIFAX, NOVA SCOTIA--(Marketwired - Apr 1, 2015) - Erdene Resource Development Corp. (TSX:ERD) ("Erdene" or "Company"), is pleased to provide a review of 2014 and Q1 2015 activities on the Company's principal projects in Mongolia in conjunction with its December 31, 2014 year-end financial results. Project and Financial Highlights Altan Nar Gold-Polymetallic Project (100% Erdene) - Initial Mineral Resource Estimate [...]
HALIFAX, NOVA SCOTIA--(Marketwired - Mar 31, 2015) - Editors Note: There is a map associated with this press release. Erdene Resource Development Corp. (TSX:ERD) ("Erdene" or "Company") is pleased to announce receipt of the initial mineral resource estimate ("Mineral Resource") for Discovery Zone and Union North, two of 18 target areas identified to date at the Company's 100%-owned Altan Nar Gold-Polymetallic Project [...]
HALIFAX, NOVA SCOTIA--(Marketwired - Feb 12, 2015) - Erdene Resource Development Corp. (TSX:ERD) ("Erdene" or "Company") is pleased to announce it has granted Tian Poh Resources Limited ("Tian Poh"), a period of exclusivity to exercise an option to acquire an interest in Erdene's Zuun Mod molybdenum-copper project ("ZM Project" or the "Project") in southwest Mongolia. Tian Poh can acquire and retain a 51% interest in the [...]
HALIFAX, NOVA SCOTIA--(Marketwired - Feb 9, 2015) - Editors Note: There are four maps associated with this press release. Erdene Resource Development Corp. (TSX:ERD) ("Erdene" or "Company") is pleased to report final drilling results from the Q4 2014 resource drilling program at its wholly-owned Altan Nar gold-polymetallic project in southwest Mongolia. The assay results for the full program are provided in the Table [...]
HALIFAX, NOVA SCOTIA--(Marketwired - Jan 12, 2015) - Editors Note: There are two maps associated with this press release. Erdene Resource Development Corp. (TSX:ERD) ("Erdene" or "Company") is pleased to provide drilling results for the first four holes of the 15-hole fourth quarter 2014 exploration program at the Company's wholly-owned Altan Nar gold-polymetallic project in southwest Mongolia. Highlights Significant [...]
HALIFAX, NOVA SCOTIA--(Marketwired - Nov 14, 2014) - Erdene Resource Development Corp. (TSX:ERD) ("Erdene" or "Company") is pleased to announce that a resource definition drilling program is now underway on its wholly owned Altan Nar gold-polymetallic project in the Tien Shan Gold Belt in southwest Mongolia. The drill program will seek to establish a near-surface, National Instrument ("NI") 43-101 compliant resource [...]
HALIFAX, NOVA SCOTIA--(Marketwired - Oct 6, 2014) - 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, up to 11,500,000 units at a price of $0.14 per unit for gross proceeds of up to $1,610,000 ("Private Placement"). Each unit will consist of one common share of the Company and one-half of one common share purchase [...]
