Erdene Resource Development Corp. is pleased to provide results from the second phase of the 2019 gold exploration program, and to announce the commencement of the Q4 2019 drill program at its 100%-owned Khundii Gold Project. “Our exploration results, including the successful step-out drilling at the Bayan Khundii deposit and the new Khar [...]
Erdene Resource Development Corp. is pleased to announce the appointment of Hedley Widdup to the Company’s Board of Directors. Mr. Widdup is an Executive Director of Lion Manager Pty and will serve as a non-executive, independent member of the Erdene board. “We are delighted to welcome Hedley to our Board. He brings with him almost 20 [...]
Erdene Resource Development Corp. is pleased to announce the results of an independent Technical Report for the 100%-owned, high-grade, open-pit, Khundii Gold Project in southwest Mongolia, including a Pre-Feasibility Study for its Bayan Khundii Gold Deposit and an updated Preliminary Economic Assessment for its Altan Nar Deposit , located 16 km [...]
Erdene Resource Development Corp. is pleased to announce a C$8 million financing package, led by the European Bank for Reconstruction and Development . Erdene has entered into a definitive Loan Agreement for a US$5 million Convertible Loan with the EBRD. Additionally, Erdene intends to complete a coincident non-brokered private placement of units [...]
Erdene Resource Development Corp. is pleased to announce the commencement of the second phase of the 2019 drill program at the 100%-owned Khundii Gold Project. “The current drill program will follow up on our Q2 2019 program, which discovered high-grade gold in a previously untested area of the Bayan Khundii deposit and intersected 112 metres [...]
Erdene Resource Development Corp. is pleased to announce operating and financial results for the three and six months ended June 30th, 2019, and to provide an update on the Khundii Gold Project. This release should be read in conjunction with the Company’s Q2-2019 Financial Statements, MD&A and Annual Information Form, available on the [...]
Erdene Resource Development Corp. is pleased to announce that the Mineral Resource and Petroleum Authority of Mongolia issued Mining License MV-021444 for Erdene’s Bayan Khundii resource on August 5, 2019. Quotes from the Company: “Receipt of the Bayan Khundii Mining License is a major milestone in the development of the high-grade [...]
Erdene Resource Development Corp. is pleased to announce that it has closed its previously announced non-brokered private placement raising gross proceeds of $2,001,500 . Erdene’s management, directors and employees subscribed for 8% of the Offering. Pursuant to the Offering, Erdene has sold 10,007,500 units of the Company at a price of $0.20 [...]
Erdene Resource Development Corp. is pleased to announce its shareholders voted in favour of all items of business brought before them at the Company's Annual and Special Meeting of Shareholders held on June 20, 2019 in Halifax, Nova Scotia. Details of the AGM are provided below. “On behalf of the Board of Directors, I would like to thank [...]
Erdene Resource Development Corp. is pleased to invite shareholders and investors to meet its senior management and board of directors at its annual and special meeting to be held at Purdy's Wharf Tower II, 1969 Upper Water Street, Suite 1300, Halifax, Nova Scotia, on June 20, 2019 at 5:00 p.m. . The Meeting will be followed by a corporate [...]
Erdene Resource Development Corp. is pleased to announce that it intends to issue, by way of a non-brokered private placement, up to 10,000,000 units of the Company at a price of $0.20 per Unit , for gross proceeds of up to $2,000,000. Each Unit will consist of one common share and one-half of one common share purchase warrant . Warrants are [...]
Erdene Resource Development Corp. is pleased to announce the results of the Q2 2019 drill program at its 100%-owned Khundii Gold Project . This 1,800 metre program was conducted in April 2019 to increase confidence in the resource, confirm ultra-high gold grades and expand Bayan Khundii mineralization in support of the recently launched [...]
