Erdene Resource, is pleased to announce that it has closed its non-brokered private placement financing with the issuance of 2,000,000 shares to Teck Resources at a price of $0.175 per share for gross proceeds of $350,000. All securities issued pursuant to the Private Placement are subject to a four month hold period. No commissions or finder's [...]
HALIFAX, NOVA SCOTIA--(Marketwired - Apr 15, 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, 2,000,000 shares to Teck Resources Ltd. ("Teck") at a price of $0.175 per share for gross proceeds of $350,000 ("Private Placement"). This [...]
HALIFAX, NOVA SCOTIA--(Marketwired - Apr 1, 2014) - Erdene Resource Development Corp. (TSX:ERD) ("Erdene" or "Company"), is pleased to provide a review of 2013 activities on the Company's principal projects in Mongolia in conjunction with the release of its year-end financial results. 2013 Project and Financial Highlights Altan Nar [...]
HALIFAX, NOVA SCOTIA--(Marketwired - Jan 22, 2014) - Erdene Resource Development Corp. (TSX:ERD) ("Erdene" or the "Company"), is pleased to report it has received final assay results for its Q4 2013 trenching program at the Company's 100% owned Altan Nar gold-polymetallic project in southwest Mongolia. Highlights - Q4 Trenching Program - Phase III [...]
Trenching Returns 38m of 1.6 g/t Gold including 6.2 g/t over 4m Multiple New Gold Zones Confirmed HALIFAX, NOVA SCOTIA--(Marketwired - Dec 10, 2013) - Editors' Note: There are three maps associated with this press release. Erdene Resource Development Corp. (TSX:ERD) ("Erdene" or the "Company"), is pleased to report significant gold and silver [...]
Three Trenches Over 250 Metre Strike Return Greater Than 1 g/t Gold Over Widths of 44 to 50 Metres HALIFAX, NOVA SCOTIA--(Marketwired - Nov 18, 2013) - Editors' Note: There are three maps associated with this press release. Erdene Resource Development Corp. (TSX:ERD) ("Erdene" or the "Company"), is pleased to report significant gold and silver [...]
HALIFAX, NOVA SCOTIA--(Marketwired - Nov 7, 2013) - Erdene Resource Development Corp. (TSX:ERD) ("Erdene" or "Company"), is pleased to announce that it has closed its non-brokered private placement financing with the issuance of 9,797,500 units (the "Units") priced at $0.07 per Unit for gross proceeds of $685,000. The $500,000 private placement [...]
HALIFAX, NOVA SCOTIA--(Marketwired - Oct 18, 2013) - 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 7,140,000 units at a price of $0.07 per unit for gross proceeds of up to $500,000 ("Private Placement"). Each unit will consist of one [...]
Mongolian Parliament Approves Favorable New Investment Law HALIFAX, NOVA SCOTIA--(Marketwired - Oct 7, 2013) - Erdene Resource Development Corp. (TSX:ERD) ("Erdene" or "Company"), is pleased to announce that it has commenced an exploration program at its wholly owned Altan Nar gold-polymetallic project in southwest Mongolia to further define the [...]
HALIFAX, NOVA SCOTIA -- (Marketwired) -- 07/02/13 -- Erdene Resource Development Corp. (TSX: ERD) ("Erdene" or "Company"), is pleased to announce its shareholders voted in favor of all items of business brought before them at the Company's Annual and Special Meeting of shareholders ("AGM") held 27 July 2013 in Halifax, Nova Scotia and to provide a [...]
HALIFAX, NOVA SCOTIA -- (Marketwired) -- 06/27/13 -- Erdene Resource Development Corp. ("Erdene" or "Company") (TSX: ERD), is pleased to announce that the Company has received metallurgical test results for its 100% owned Altan Nar gold project in southwest Mongolia. Exploration and metallurgical testing of the Altan Nar epithermal gold project [...]
Erdene Resource, is pleased to announce it completed the $1 million initial tranche of the non-brokered private placement financing with Teck Resources that was announced on April 11, 2013, at a price of $0.20 per share. The Company also announced that its board of directors has approved the adoption of an amendment to By-Law No. 1 of the Company [...]