HALIFAX, NOVA SCOTIA--(Marketwired - Apr 22, 2016) - Erdene Resource Development Corp. (TSX:ERD) ("Erdene" or "Company"), announced today that the Company has agreed with Teck Resources Ltd. ("Teck") to extend the optional subscription date for 2016 for the Company's strategic alliance ("Alliance") in Mongolia by 60 days to June 23, 2016. The new subscription date coincides with the planned commencement of the 2016 field [...]
HALIFAX, NOVA SCOTIA--(Marketwired - Apr 21, 2016) - Erdene Resource Development Corp. (TSX:ERD) ("Erdene" or "Company") is pleased to announce it has closed its transaction with Sandstorm Gold Ltd. ("Sandstorm") (NYSE MKT:SAND)(TSX:SSL) for total consideration of C$2.5 million to Erdene ("Transaction"). The proceeds will fund the Company's 2016 exploration projects, specifically drilling of the high-grade Bayan Khundii [...]
HALIFAX, NOVA SCOTIA--(Marketwired - Apr 11, 2016) - Erdene Resource Development Corp. (TSX:ERD) ("Erdene" or "Company") is pleased to announce it has signed financing agreements ("Transaction") with Sandstorm Gold Ltd. ("Sandstorm") (NYSE MKT:SAND)(TSX:SSL) that provide total consideration of C$2.5 million to Erdene to advance exploration and development programs on the Company's gold projects in southwest Mongolia. The [...]
HALIFAX, NOVA SCOTIA--(Marketwired - Apr 8, 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 announce its Q2 drill program is now underway at its wholly-owned Bayan Khundii gold project ("Bayan Khundii") in southwest Mongolia. The diamond drill program is comprised of approximately 3,500 metres (approximately [...]
HALIFAX, NOVA SCOTIA--(Marketwired - Mar 15, 2016) - Erdene Resource Development Corp. (TSX:ERD) ("Erdene" or "Company") is pleased to provide an update on its exploration plans at its 100%-owned Bayan Khundii gold project in southwest Mongolia and to announce the receipt of approximately $770,000 in proceeds from the exercise of warrants in March 2016. The Company has also appointed prominent Mongolian business person [...]
HALIFAX, NOVA SCOTIA--(Marketwired - Feb 16, 2016) - 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 excellent results from preliminary metallurgical testing conducted by Blue Coast Research Ltd. ("BCR") on drill core composites from its wholly-owned Bayan Khundii gold project ("Bayan Khundii") in southwest [...]
HALIFAX, NOVA SCOTIA--(Marketwired - Jan 5, 2016) - Erdene Resource Development Corp. (TSX:ERD) ("Erdene" or "Company"), is pleased to announce the appointment of David Mosher as a strategic advisor to the Company. "We are very pleased to have Mr. Mosher join the Erdene team and to assist with our rapidly evolving gold projects in southwest Mongolia," said Peter Akerley, Erdene's President and CEO. "With the recent [...]
HALIFAX, NOVA SCOTIA--(Marketwired - Dec 14, 2015) - 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 final results from the remaining nine holes of its 15 hole, maiden drill program completed in Q4 2015 at its wholly-owned Bayan Khundii Gold Project ("Bayan Khundii") in southwest Mongolia. This latest round [...]
HALIFAX, NOVA SCOTIA--(Marketwired - Dec 9, 2015) - Note to editors: There are four maps associated with this press release. Erdene Resource Development Corp. (TSX:ERD) ("Erdene" or "Company"), is pleased to report high-grade gold intersections from the Company's recently completed, maiden drill program at its wholly-owned Bayan Khundii gold project in southwest Mongolia. Results reported herein are for the first six of [...]
HALIFAX, NOVA SCOTIA--(Marketwired - Nov 16, 2015) - Editors Note: There is one figure associated with this press release. Erdene Resource Development Corp. (TSX:ERD) ("Erdene" or "Company"), is pleased to provide an update on the Company's principle metals projects in southwest Mongolia in conjunction with its September 30, 2015 third quarter financial results. Q3 Summary Altan Nar Gold-Polymetallic Project (100% Erdene [...]
Erdene, is pleased to announce that it has raised a total of $1 million from its recently announced non-brokered private placement and from the exercise of warrants. The Company completed the Private Placement announced on October 21, 2015 and accepted subscriptions for 6,864,327 units priced at $0.14 per Unit for gross proceeds of $961,000. Each Unit consists of one common share of the Company and one-half of one common [...]
HALIFAX, NOVA SCOTIA--(Marketwired - Nov 9, 2015) - Erdene Resource Development Corp. (TSX:ERD) ("Erdene" or "Company"), is pleased to announce that a maiden drill program and geophysical surveys are now underway on its wholly-owned Bayan Khundii gold project in southwest Mongolia. The drill program is designed to test the near-surface, down-dip extension of the multiple, high-grade gold zones that were discovered by the [...]